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Comprehensive Legal Services Throughout Los Angeles, California.

Law Offices of R. Grace Rodriguez

Can I be evicted if my landlord stops paying the mortgage?

About 60 percent of the people who live in Los Angeles rent their homes, according to the Los Angeles Housing + Community Investment Department (HCID). Even though renting is so prevalent in this area, many renters are unaware of their rights under the law.

Understanding renters' rights can be difficult, considering they vary from county to county and state to state. As such, if you are one of the many renters in Los Angeles, you may not know what to do if you learn that your landlord has failed to pay the mortgage and could lose the home in foreclosure.

Low vacancy rates present challenges for CA businesses

It is no secret that Los Angeles is a competitive, expensive place to run a business. However, in many industries, there is almost no choice but to secure space in the city. As difficult as that already is, it could be especially challenging for people looking for specific types of space.

Recently, The Real Deal reported that Los Angeles and Ventura counties have the lowest percentage of industrial vacancies among the major hubs across the country with just 1.4 percent vacancy. It also states that soundstage space in Los Angeles County is at 92 percent capacity.

4 important things every millennial home buyer should know

Recently, there have been studies and articles stating that buying a home is not a priority for millennials and other young adults. There is also the position that buying a home is not financially possible for younger generations who carry more debt and earn less than their parents.

However, the fact is that millennials are buying homes. And they are drawn to trendy, urban areas, including many right here in California. If you are a young first-time home buyer, you should know the following important tips for buying a home here in California.

3 tips to consider when making a competitive offer

Los Angeles has a highly competitive housing market. As such, many houses up for sale will receive multiple offers, so it can be important to make your offer competitive when you find a home you want to buy.

And offering more money than the others is not the only way to compete.

What you should know about tenancy in common agreements

Los Angeles is one of the most expensive cities to buy a house. As such, it is not unusual for people to capitalize on the chance to buy a house for less.

One option for doing this is a tenancy in common (TIC). This arrangement allows multiple parties to buy property. Often, the property has multiple units that can be shared by multiple owners, like a bungalow court. However, before you agree to a TIC arrangement, you should know the advantages and disadvantages.

What property goes through probate?

It's not easy to think of your own mortality and what will happen to your loved ones after you're gone. That's why you've taken an interest in things like wills and trusts while you're still here to ensure your loved ones don't have to worry after you've passed.

What is Chapter 13 bankruptcy?

Many Americans find themselves falling behind on their bills and struggling to catch up. People can overspend on their credit cards to hold themselves over in the short term but can make their debt worse because of high interest. Student loans and surprise medical bills are other common sources of financial strain.