Labranche Law

06/04/2022

https://labranchelaw.com/how-to-transfer-your-property-without-triggering-a-reassessment/

Quick background: Under Proposition 13, the assessed value of real property for calculating property taxes is only increased annually by an inflation factor, not to exceed 2 % annually. Completion of new construction or a change in ownership triggers a reassessment to a new base value equal to the c...

05/04/2021

http://labranchelaw.com/are-non-compete-restrictions-legal-in-california/

Non-compete agreements are generally void and unenforceable in California unless they qualify for a statutory exception. Note that an employer cannot make the signing of an employment agreement, which contains an unenforceable covenant not to compete, a condition of continued employment. An emp...

12/21/2020

https://labranchelaw.com/newsletter/f/non-solicitation-of-customers-clauses-legal-in-california

Ever worry your ex-employees will open a competing business and steal your customers?

08/10/2020

We’re often asked what is the current status of eviction moratorium for commercial tenants in Los Angeles. Navigating through the multiple ordinances and rules can be challenging so here is a brief status update.

10/04/2019

One of the biggest challenges of any business is to attract and retain qualified employees. This is an even bigger challenge when your business is at its early stages of development where growth is capital intensive and ...

02/21/2019

https://labranchelaw.com/newsletter/f/considering-a-private-loan-beware-of-the-interest-rate

In California, a private unlicensed lender cannot charge more than 10% interest on a loan primarily for personal, family or household purposes.

09/20/2018

https://labranchelaw.com/newsletter/f/is-a-condo-leased-in-los-angeles-subject-to-rent-control

Short answer is no. When rent control was passed in 1979, rental condos were included. But because of the state Costa-Hawkins Act of 1995, condos are no longer under its price-control restrictions. That means the owner o...

09/16/2018

https://labranchelaw.com/newsletter/f/california-llc-fee-and-llc-tax

One of the most important decisions individuals wishing to start a business face is how to organize the business under the laws of the state in which it is located. In California, state taxation varies significantly from...

09/05/2018

https://labranchelaw.com/newsletter/f/is-airbnb-legal-in-los-angeles

The short answer is that as it stands today, short term rentals like Airbnb, HomeAway, Vacation Rentals by Owner, or VRBO are not authorized in the city of Los Angeles. Short-term rental refers to any portion of a reside...