After I posted my last article on the benefits of forming single purpose entities to hold real property, a law school friend of mine with extensive title experience, Nate Jones at Land Services USA, provided an insightful comment on LinkedIn concerning closing requirements relating to entity documentation from a title company perspective. The topic is…
One frequent topic of conversation with existing and prospective clients relates to the formation of corporate entities, whether corporations, limited liability companies, or partnerships, for risk avoidance and liability purposes. A recent situation underscored the importance of this issue. Several months ago, R&O established several single purpose LLC entities for a client to hold and…
I recently received a call from a prospective client who was planning to purchase an expensive parcel of real estate in Walnut Creek. While reviewing a final map and preliminary title report, she noticed several easements of record on the property and wondered what exactly an easement was, and what significance it would have on…
You want to purchase a 5-acre portion of vacant land from a seller, with the seller retaining the other 15 acres. Can you legally do it if all 20 acres are just one legal parcel? Many parties involved in real estate transactions understand that it is well settled in California that private parties cannot buy…
The trade secret litigation filed by Waymo against Uber has been fascinating on several levels, and the dispute only promises to get more interesting if trial proceeds as scheduled in October. I’ve included a link below where potential damages have been pegged by Waymo, as plaintiff in the pending trade secret misappropriation litigation, at $2.6B….
Roscha & Odne LLP has represented numerous builders, developers and landowners in Contra Costa, Solano, Napa, and Alameda counties with respect to the acquisition and development of real property. Many parties prefer to prepare a letter of intent to be signed by the parties, which sets out the key terms by which the parties would…
Title issues relating to a parcel of real property one is looking to acquire. Oftentimes ignored, unfortunately they just don’t disappear or resolve on their own. While we find that self-represented purchasers are oftentimes tempted to ignore, briefly skim, or rely on their broker to read and/or interpret the preliminary title report and the myriad…
Looks like we have a new landlord…this sale underscores the still vibrant commercial market in the East Bay with the new owner paying nearly $200/sf. Swift cashing out with $27M for their 7 years of hard work raising the occupancy rate in our building, so good results for all involved. R&O recently represented the owners…
I’ve attached a link below to a recent article concerning a Court of Appeals decision in a Southern California eviction dispute. The case involved a residential property and a dispute that arose when the required rental payment did not arrive by the due date to the property owner. While the holding in this case can…
Interesting litigation filed this week by Veeva in Alameda County Superior Court concerning the legality of non-competition clauses. The potential outcome would have far-reaching implications for both employers and employees doing business in the State of California. I’ve included the link to the SF Chronicle article below. http://www.sfgate.com/business/article/Veeva-Systems-lawsuit-challenges-noncompete-11297744.php