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Piercing the Corporate Veil in California: What You Need to Know

PIERCING THE CORPORATE VEIL IN CALIFORNIA: WHAT YOU NEED TO KNOW

In the state of California, a corporation is considered a separate legal entity from its shareholders, officers, and directors. This means that the corporation is responsible for its own liabilities and debts, and the individuals associated with it are not held personally liable. However, in certain circumstances, a court may "pierce the corporate veil" and hold the individuals behind the corporation liable for its actions. In California, the legal concept of piercing the corporate veil serves as a reminder of the importance of maintaining a clear separation between the corporation and its shareholders, officers, and directors. It also serves as a...

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Top Causes of Real Estate Litigation 

TOP CAUSES OF RE LIT

The real estate market today is ever-changing. While the market may not always be booming, the market has shifted in the last several decades. The average age for home purchases has increased, more individuals and investment companies are finding opportunities in purchasing and renting out properties as supplementary income, and today’s buyers are spending more. Ownership rights, property interest and acquisition, and financial stipulations of a home purchase are important things to consider and plan out in real estate. If even the most minor detail is overlooked, it could cause a legal blunder. No one looking to buy, sell, or rent a property...

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Why You Need to Hire a Real Estate Lawyer

real estate lawyer

Many people only think of hiring a lawyer in response to something negative like a divorce, car accident, or personal injury. However, there are other situations, like buying or selling a home or investing in commercial real estate, when hiring a real estate lawyer can be beneficial. Buying or selling a home can carry uncertainty because people may not know the caveats of the real estate transaction or may not know how to navigate unique situations. Commercial real estate transactions tend to be very large, expensive, and often require more legal knowledge than a traditional real estate agent can provide. Enlisting the...

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