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Author: GibbsGiden

  • Listen to Sean Pan interview Jeff love. Sean interviews the top real estate investors and professionals to give you the inside tips and tricks of the industry.  In this podcast Jeff focuses on real estate transactions  clarifying a lot of Sean’s questions about Real Estate Law and what to do to stay out of trouble with the SEC. Listen here.—What-You-Need-To-Know-About-Real-Estate-Law-with-Jeff-Love-e95hq5/a-a12l937             The content contained herein is published online by Gibbs Giden Locher Turner Senet & Wittbrodt LLP for informational purposes only, may not reflect the most current legal developments, verdicts or settlements, and does […]

  • Raising capital from private investors can be tricky. There are a lot of laws you need to be aware of and having the right members on your team to guide you through the legal world of the SEC (Security Exchange Commission) is paramount to your success as a real estate business owner. Access to more capital means access to more deals, but it has to be done right. On Reed Gossen’s SoundCloud podcast Investing In The U.S. he talks with real estate attorney and partner Jeff Love about the difference between a broker dealer and a co-GP when raising money […]

  • The debate over whether rent control is the solution to California’s affordable housing crisis is now at an all-time high as Governor Gavin Newsom has signed Assembly Bill 1482 (“AB 1482”) into law. Newsom has said that with AB 1482 California will boast the “nation’s strongest statewide renter protections.”  California is following in the footsteps of New York and Oregon in implementing state-wide rent control to preserve affordable housing as the state’s housing crisis continues to grow.   What does AB 1482 Entail? AB 1482 has two central components: a limitation on rental increases and the implementation of “just cause” […]

  •   de la Carriere v. Greene, 39 Cal. App. 5th 270 (Cal. Ct. App. 2019). Date of Opinion: August 28, 2019   California Court of Appeal held that, under California Civil Code §1717, there may only be one prevailing party entitled to attorney fees on a given contract in a given lawsuit. An “action on a contract” refers to the entire lawsuit. When Party A prevails at trial, Party B’s subsequent success on appeal does not make Party B the prevailing party when it does not affect the trial determination. Facts and Procedural History As part of an agreement for […]

  •     New Insurance Case:  Owners’ Insurance Barred in Reimbursement Action against Tenant. Lesson:  Properly Specifying Insureds Can Avoid Costly Disputes and Litigation. The Western Heritage Ins. Co. v. Frances Todd, Inc. (2019 Cal.App. LEXIS 299 / 2019 WL 1450731) case has potential implications for insurance carriers, policyholders, condominium associations, unit owners, landlords and tenants.  The case involves a fire at a commercial condominium complex (the “Association”).  The Association’s CC&Rs required the Association to purchase a master fire insurance policy for the benefit of the Association and owners, with a waiver of subrogation endorsement that stated the insurance company could not seek […]

  • In 2016, Yahoo announced that a data breach resulted in the compromise of 500 million users’ names, email addresses, dates of birth, and telephone numbers. In 2017, Equifax, one of the largest credit bureaus in the United States, reported that 143 million consumers had a mixed bag of their personal information exposed: social security numbers, birth dates, addresses, driver’s license numbers and/or credit card information – take your pick. In 2018, two years after acquiring Starwood, Marriott discovered that cyber attackers had been squatting in the Starwood database since 2016, resulting in stolen data of another 500 million customers. Fast […]

  • Make Sure The General Release Language In Your Settlement Agreement Is Current. As of January 1, 2019, Senate Bill No. 1431 (“SB 1431”) amended California Civil Code Section 1542 as follows: “A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release, and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party.” Previously Section 1542 read as follows: “A general release does not extend to claims which the creditor or releasing party does not know or […]