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Case Update: Post-Judgment Maneuvering

Posted by Tim Lam | Feb 23, 2013 | 0 Comments

Our firm recently obtained a judgment of over $200,000 for a client. Following the judgment, the debtor attempted to evade paying out the award by filing for bankruptcy. We went to bankruptcy court to make it clear that this was simply a tactic to dodge their responsibility to our client. Not onl...

Case Update: Business Purchases

Posted by Tim Lam | Feb 01, 2013 | 0 Comments

On behalf of a client, we recently negotiated the successful purchase of a business.  We were able to leverage a highly favorable outcome: The only condition of the transfer was that our client take on the existing lease payments on the business property.  We thereby avoided any transfer of actua...

Tenants in Foreclosure: Los Angeles and Beyond (Part Two)

Posted by Tim Lam | Jan 14, 2013 | 0 Comments

In some cases, a tenant in a foreclosed property may be offered the chance to move out early in exchange for payment, or even the opportunity to buy the property from the new owner at a discount. Before accepting such an offer, make sure that the party offering is the legitimate owner, and that they're authorized to do so.

Tenants in Foreclosure: Los Angeles and Beyond (Part One)

Posted by Tim Lam | Jan 03, 2013 | 0 Comments

The threat of foreclosure can be especially confusing if you're the tenant of a foreclosed property. At no fault of your own, you can find yourself at the center of a complicated and scary set of events. Fortunately, there are protections in place for all of California, and if you happen to live in the city of Los Angeles, you may have even more extensive rights.

California Indemnity Changes

Posted by Tim Lam | Dec 13, 2012 | 0 Comments

As we approach the new year, construction contractors and subcontractors who deal in commercial or public building projects should be aware of the changes brought about by California Senate Bill 474. SB 474 was signed into law in 2011, but will come into effect on January first. It specifies that...

Not Every Castle Needs a Moat

Posted by Tim Lam | Jul 29, 2012 | 0 Comments

Summer is finally coming to a close.  Even though it's still 100 degrees at the moment, the rainy season will be here before we know it, and with the rain comes the discovery of construction defects that otherwise might have gone unnoticed.  The most obvious is a leaky roof and other compromises ...

Welcome to our El Monte Real Estate Law Blog

Posted by Tim Lam | Dec 31, 2011 | 0 Comments

We established this blog to share stories and information about topics relevant to our practice. Our intent is to highlight local stories, as well as national subject matter, that we think you will find interesting. We will regularly update this blog and encourage you to share your thoughts on th...

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Law Offices of Edward C. Ip & Associates

Edwardcip

Our law firm represents homeowners, landlords, tenants, contractors, subcontractors, architects, engineers and material suppliers. Because we have an in-depth knowledge of construction law, real estate law, and property law, we know how to find the facts, ask the right questions and get results.

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We try to work out disputes through negotiation, but we will never back down from a court fight. Our Los Angeles construction lawyers and real estate lawyers gather all the facts and then advise you about what makes the most economic sense for you.