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Whether you are buying, selling, or leasing real property, you need an experienced attorney who knows how to get your transaction across the finish line while minimizing your risks and future liability. Valerie Li Law delivers responsive and cost-effective legal representation in a wide variety of real estate transactions.
Purchases and Sales
Commercial and residential real estate transactions in Los Angeles often involve form contracts by the California Association of Realtors (C.A.R.) or AIR Commercial Real Estate Association (AIR CRE). Therefore, future liability contained in purchases and sales transactions often arise from the addendum and other non-standard items that are part of the transaction, such as amendments; disclosures; leases; covenants, conditions, and restrictions (CC&Rs); and reciprocal easement agreements.
Valerie Li Law will help you analyze the transactional documents, draft and negotiate language that minimizes your risk and advances your goals, and provide any other assistance needed to help you complete a successful transaction.
Leases for Landlords and Tenants
Commercial leases often include reciprocal easement agreements; covenants, conditions, and restrictions (CC&Rs); common area maintenance charges; and tenant improvement allowances as part of the lease. The legal terms of these agreements should be analyzed and negotiated to ensure that your best interests are protected.
Whether you are a landlord or a tenant, Valerie Li Law can help you identify legal risks and minimize liability so that you can focus on your business.
Title, Deeds, and Partition Agreements
Title and deeds are the cause of many disputes between family members and business partners. Owners who hold the property jointly with anyone else, such as a joint tenant or tenants in common, should safeguard their interests in the property with a co-ownership or partition agreement. Such an agreement specifies the parties’ respective rights and obligations and allows the parties to avoid protracted litigation in the event of a disagreement among co-owners. For example, a co-ownership agreement could specify how rents are distributed and define the responsibilities of each owner with respect to the mortgage repayment, maintenance, and repair of the property. It could also determine what happens to the property in the event of the death or bankruptcy of a co-owner, dissolution of the business, or separation of a partner.
Valerie Li Law helps property owners prepare deeds and co-ownership and partition agreements and proactively address any potential title and co-ownership issues before they become costly problems.
Licenses and Easements
Valerie Li Law also assists residential and commercial real estate clients with various types of licenses and easement agreements. Such agreements define the rights and obligations related to real property and could be as important as deeds when an owner is trying to lease, sell, mortgage, or improve the property.
Valerie Li Law helps property owners draft clear and effective license and easement agreements that protect and enhance their property rights.
Contact Valerie Li Law for Assistance with Your Real Estate Transactions
Real estate transactions Valerie Li Law helps both individuals and businesses achieve their real estate goals in whatever transactions they are considering. If you would like to work with Valerie Li Law in your next real estate transaction, contact us today.