I was deeply saddened and disturbed while watching news reports about the protestors that stood outside of St. Francis Hospital in Lynwood chanting “we hope they die” while two of our brave Los Angeles County Sheriff’s Deputies lay there badly wounded following an unprovoked ambush-style shooting in Compton. What is happening in our communities today…
DetailsAs I write this article 35 days before the election, and just one day before the first Presidential Debate, I have no idea who will win the election. But, by the time you read this article, you will probably know, or have a good idea, who won. If it looks like President Trump will be…
Detailsby Klarise Yahya, Commercial Mortgage Broker, BRE: 00957107 MLO: 249261 Continued . . . Recession of 1945 –Duration: 9 mos. GDP decline: 10.9%. Peak Unemployment: 5.2%. 10yr T-Note Beg 2.36% / End 2.23%. Rapid demobilization following WWII reduced America’s armed forces to 1,566,000, an 87% reduction but still about 9 times the pre-war 1939…
DetailsCOVID-19 and Lease Termination Many tenants believe that due to the pandemic, they can terminate their fixed term lease without consequences. This clearly is not the case. Under the Tenant Relief Act, AB 3088, if a tenant has an inability to pay the rent due to the pandemic, the rent will be deferred. It is…
DetailsI have a tendency to roll my eyes when President Trump brags about the strongest economic recovery in U.S. history before COVID-19 hit. While it was not the strongest economy in terms of Gross Domestic Product growth, it was indeed the best ever based on several other economic metrics, as I will point out in…
DetailsQuestion: I am a landlord and do not want to look for new tenants every year. Should I enter into a long-term lease with my tenants? Answer: A lease can be beneficial or disastrous for a landlord. It is beneficial to keep a tenant for multiple years, so you do not lose time and rent…
DetailsQuestion 1: Can you explain the AB 3088 rules on when tenants can be forced to pay rent? Answer 1: AB 3088, the Tenant, Homeowner, and Small Landlord Relief and Stabilization Act of 2020, by its express language appears to offer a relatively clear and complete set of rules regarding tenant rent payments and the…
DetailsQuestion One: I have a tenant who is on a one-year lease. He is now stating that he will be moving out due to COVID-19. He is demanding all of his security deposit back. Can a tenant break his lease if he is impacted by the pandemic? Answer One: A lease cannot be terminated due to…
DetailsBy Dale Alberstone Hello everybody. In recent months, three topics (other than statewide COVID-19 laws) are in the forefront of our legal news. So instead of addressing one subject in depth as most of my articles in this column do, I will briefly discuss recent developments in three specific areas of law, namely: Arbitrations,…
DetailsThe below was written by Nigel Duara, CalMatters on September 25, 2020. CalMatters.org is a nonprofit, nonpartisan media venture explaining California policies and politics. This article is part of The California Divide, a collaboration among newsrooms examining income inequity and economic survival in California. For more information, visit www.CalMatters.org. Once a fringe tactic, rent strikes…
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