Tag: Lawyer

The Pros and Cons Of Buying Real Estate For Your Business

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Are you a business owner that is wanting to expand your business by purchasing land? We here at Chang Legal are here to provide you the pros and cons of buying real estate for your company.

Positives To Purchasing Land For Your Business

– You will no longer have to pay out-of-pocket for renting or leasing a property.
– You will have to pay a lower amount in order to own the real estate for your business.
– Can be sold at a higher price than purchase, which will give you profit.
– You have the ability to rent out the commercial space to others when you are not utilizing the space, creating even more money for your business.
– No longer have to abide by the landlord’s rules and regulations. You have control with what you want inside your commercial space for your company.

Negatives To Purchasing Land For Your Business

– You will not be able to make major changes depending on the size and location of your business.
– If you want to expand your business, you most likely will have to move locations, which is a long process when you already bought the land.
– You are responsible for the maintenance, janitorial work, security, and resources of the property.

It may be a wrong move if you purchase land for your business when it is not necessary. For instance, if your business is looking to grow and expand farther, it is not a wise idea to purchase a small commercial space in a nearby city. Owning land is not for every business, it is smart to consider the options available before you consider buying land for your company. Consult with a real estate attorney, like us at Chang Legal, to guide you in making this decision.

To learn more about how we can support you in deciding purchasing land for your business or other real estate topics, contact Chang Legal today.

The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.  The transmission of the Website, in part or in whole, and/or any communication with us via Internet e-mail through this site does not constitute or create an attorney-client relationship between us and any recipients.

Tenants’ Rights With Eviction Lawsuits

Posted by David Chang on with 0 Comment

Although renting a property may seem easier than owning a home to most, there are certain guidelines a tenant must follow to ensure they do not receive early termination from their rental. Most tenants do not need to worry about maintenance problems and paying the property taxes of the land, however, they must pay rent on time as well as follow the rules the landlord requires.

Dealing With An Eviction

If you just suffered an eviction, there are many things you may be able to do if you feel that you have been evicted unfairly. The first thing to do is contact an attorney to look at the situation and inform you what can be done for you. The effects of an eviction can be very expensive for both sides of the case, the landlord and the tenant. The lawsuit may appear on the tenant’s credit report which can affect their future in purchasing a home or leasing another property. It is crucial for the tenant to never hide that they have been evicted before if they are asked when trying to rent another property or on a job application, as they may be accused of fraud by denying it took place.

It is essential to remember, as a tenant, you have rights in an eviction lawsuit. If you have been evicted unfairly and are able to prove the landlord’s violation of the terms of the rental agreement, that will affect the case greatly. It is important to ask your attorney the following questions to determine if the eviction is legal:

How will an eviction affect my credit score?
How long does the eviction information stay in public records of my credit report?

Determining the severity of your eviction case is vital to be able to pursue legal action against your landlord, this is why it is important for you to consult with a real estate attorney, such as ChangLegal. Contact us today to learn more about how we can support you with your eviction lawsuit case and other real estate issues today.