Last month, news broke of a breach of contract dispute between a commercial computing platform and two of its customers over alleged privacy breaches. The company, Salesforce, offers customer relationship management capabilities that allow their clients to track...
In the last two weeks, we reviewed the California housing crisis and the steps that municipalities can take to resolve it. This week we want to speak to real estate developers on how these investments can benefit their portfolio. The case for developing low-income...
Last week, we spoke on the current state of the housing shortage in California. This week we’ll look at one option available to municipalities to address this issue: the development of mobile, or manufactured, home parks. Why choose to develop mobile or manufactured...
California is a state with a lot of open land and, conversely, among the highest housing prices in the nation. While California's population is one reason for that, more densely populated states do not have similarly expensive housing. Why is that? What are the...
There are five basic types of ownerships for rental mobile home parks converted to resident-owned communities. Which type a homeowner’s association (HOA) uses is dependent on that group’s goals. The following guide shall help narrow the options for HOAs in California...
The history of the limited-equity housing cooperative (LEHC) can be traced back to the mid-1900s. Originally, it served as an option to transition condominiums and cooperatives into affordable homes for those in the low to moderate-income demographic. Today, LEHCs...
Conversion of a mobile home rental park to a community where residents own their dwellings is a complex legal, and lengthy process. For prospective homeowners who have the opportunity to pay into mortgages instead of monthly rent, the benefits may outweigh the...
Among the myriad options to choose from when undergoing a mobile/manufactured home park conversion is to create a “cooperative style community.” Once approved by a Final Public Report from the California Bureau of Real Estate, the new owners/residents can start the...
Perhaps you are in the process of finalizing your late parent’s estate so you and your siblings can receive your inheritances. Of primary concern is how to preserve the estate should any disputes arise even though you know that you are to share the estate and assets...
By a razor-thin majority of 51.1 percent, California residents passed the state’s Proposition 19 in November. Replacing Prop. 13, enacted in 1978, significant changes in residential property taxes will go into effect on April 1. As with any successful proposition...