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Monthly Archives: December 2007
Specific Performance of Real Estate – The Common Remedy for Enforcing a Purchase and Sale Agreement
A common remedy for a failed purchase and sale of real property is a lawsuit for specific performance. By initiating a specific performance cause of action the buyer or seller of real property asks the court to compel the other … Continue reading
Prime West Los Angeles Commercial Real Estate Sold!
Commercial Property news recently reported the sale of 12100 Wilshire Boulevard, Los Angeles, California the office building where my law firm is located. This 19 story commercial office building is located at the corner of Wilshire and Bundy in West … Continue reading
Bush’s Mortgage Bailout Plan Should Require Education
In the long run, the current problems facing lenders and holders of adjustable rate mortgages cannot be solved without education. Commercial lenders should require loan applicants to have a basic understanding of the meaning and terms of an adjustable rate … Continue reading
Commercial Real Estate – Preemptive Purchase Rights in a Commercial Lease
On December 18, 2007, the California Court of Appeals, 4th District, decided that a Tenant’s preemptive purchase rights under a commercial lease are not triggered by the conveyance of an interest in the property between copartners in a family limited … Continue reading
Real Estate Litigation
Welcome to the Land & Lease blog, a discussion of topical commercial real estate matters by an experienced California real estate attorney, Zachary D. Schorr.
