Hart | King Legal Blog
What’s the right of first refusal in a commercial lease?
As a commercial lessor, you want to pair the right tenant with the optimum property in order to ensure its success – and you, a tidy profit. A lot of commercial tenants are hedging their bets when they find a place to rent for their business, so they’ll ask for a...
Making sense of your closing paperwork when buying property
If you have successfully made an offer on a property and have a scheduled date for your closing, you might wrongfully assume that the most difficult part of the process is already behind you. However, your closing will involve legally signing a number of documents....
Can your tenants in a mobile home park refuse to pay their rent?
Operating a mobile home park can be a good source of consistent income if the units are in good condition and you have responsible tenants. However, there is often a lot of difficulties involved in maintaining manufactured homes, particularly if the tenants cause...
Collecting on commercial debts
Your small business seems to be thriving -- right up until you try to balance the books. You have several commercial accounts that are past due, and the tally owed is significant. What do you do now? Typically, you have four options for dealing with...
Access and modifications to mobile home lots in parks
Mobile homeowners are free to do what they want with the interior of the dwelling. When they reside in a mobile home park, there are limits to what they’re allowed to do outside. As a park owner or management company, it is imperative that you clearly convey the...
Accused of failing to maintain a property? You could face lawsuits
In a mobile home park or manufactured home community, you’re going to have times when you need to make repairs. You will need to replace playground equipment, repair walks and refresh paint jobs. You want to do your best to keep the community looking its best not only...
Tips for selling your company
You have run your company, a mobile home park, for years. You enjoyed it and the business has done well. You even expanded at one point, buying a nearby lot. Now, however, it is time for you to retire. You don’t have any children who want to take on the business, so...
Know your responsibilities as a mobile home park owner
Mobile home park owners have specific duties that are noted in the California Mobilehome Residency Law (MRL). This law also contains a host of responsibilities for the owners of each individual mobile home. It’s imperative to understand the law so that you or the park...
Protect yourself when making an offer on investment real estate
Purchasing investment real estate in the Santa Ana area could mean an investment of hundreds of thousands or even millions of dollars. A large mobile home park or a multi-unit residential facility could easily carry a seven-figure price tag. That means you need to be...
What to do when your tenants can’t pay rent
Rent in some areas of southern California are among the highest in the nation, so tenants and landlords alike pay close attention to what’s going on when the economy suddenly hits a rough spot. It’s difficult to predict how widespread trouble paying the rent will be...
