North Hollywood Real Estate Lawyer, California, page 7

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Abram Charles Zukor

Premises Liability, Property Damage, Personal Injury, Car Accident
Status:  In Good Standing           Licensed:  51 Years

Tiffany A. Krog

Land Use & Zoning, Construction, Elder Law, Corporate
Status:  In Good Standing           Licensed:  24 Years

Lawrence H Jacobson

Real Estate, Estate Planning, Corporate, Business Organization
Status:  In Good Standing           Licensed:  57 Years

Bruce A. Hatkoff

Collection, Contract, Commercial Leasing, Construction Liens
Status:  In Good Standing           Licensed:  49 Years

Marilyn H. Nelson

Premises Liability, Property Damage, Personal Injury, Car Accident
Status:  In Good Standing           Licensed:  36 Years

Elia J Castranova

Medical Malpractice, Car Accident, Personal Injury, Premises Liability
Status:  In Good Standing           Licensed:  45 Years

Steven L. Feldman

Construction, Environmental Law, Corporate, Administrative Law
Status:  In Good Standing           Licensed:  50 Years

Clare Bronowski

Land Use & Zoning, Government Agencies, Environmental Law, Administrative Law
Status:  In Good Standing           Licensed:  41 Years

Robert A. Briskin

Tax, Real Estate, Wills & Probate, Trusts
Status:  In Good Standing           Licensed:  45 Years

Judy M. Lam

Real Estate, International, Corporate, Bankruptcy
Status:  In Good Standing           Licensed:  30 Years

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LEGAL TERMS

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)
A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

SEVERANCE PAY

Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severanc... (more...)
Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severance pay, although the employer may be legally obligated to do so if it was promised in a contract or employees' handbook.

GROSS LEASE

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintena... (more...)
A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintenance, taxes and insurance. A gross lease closely resembles the typical residential lease. The tenant may agree to a 'gross lease with stops,' meaning that the tenant will pitch in if the landlord's operating costs rise above a certain level. In real estate lingo, the point when the tenant starts to contribute is called the 'stop level,' because that's where the landlord's share of the costs stops.

EXCULPATORY CLAUSE

A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by t... (more...)
A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by the landlord's actions. Most states have laws that void exculpatory clauses in rental agreements, which means that a court will not enforce them.

COVENANTS, CONDITIONS & RESTRICTIONS (CC&RS)

The restrictions governing the use of real estate, usually enforced by a homeowners' association and passed on to the new owners of property. For example, CC&Rs... (more...)
The restrictions governing the use of real estate, usually enforced by a homeowners' association and passed on to the new owners of property. For example, CC&Rs may tell you how big your house can be, how you must landscape your yard or whether you can have pets. If property is subject to CC&Rs, buyers must be notified before the sale takes place.

DEEP LINK

A link from one website to another that bypasses the second website's home page and takes the user directly to an internal page on the site. For example, a deep... (more...)
A link from one website to another that bypasses the second website's home page and takes the user directly to an internal page on the site. For example, a deep link from Yahoo might take the user directly to a news article on a news site instead of linking to the home page of the site.

LEGACY

An outdated legal word meaning personal property left by a will. The more common term for this type of property is bequest. Compare devise.

ENCROACHMENT

The building of a structure entirely or partly on a neighbor's property. Encroachment may occur due to faulty surveying or sheer obstreperousness on the part of... (more...)
The building of a structure entirely or partly on a neighbor's property. Encroachment may occur due to faulty surveying or sheer obstreperousness on the part of the builder. Solutions range from paying the rightful property owner for the use of the property to the court-ordered removal of the structure.