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commercial rent relief

BOMA International Releases Guide to COVID-19 Tenant Relief Programs Covid-19, Legal With federal officials creating trillions in aid to support businesses recovering from COVID-19, BOMA International has developed an important guide for commercial real estate owners that outlines the loan and grant programs available to tenant businesses. While many tenants in office buildings have continued…

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Newsom Eviction Moratorium

On January 28th, state lawmakers voted to extend its statewide moratorium on eviction bans through June 30th, 2021. Originally, the eviction moratorium was set to expire on January 31st. The extension of the eviction moratorium is part of Senate Bill (SB) 91, a statewide initiative to alleviate the rent burden on residential tenants. In addition to the eviction ban, SB-91 includes a $1.5 billion dollar rent relief …

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local commercial eviction moratorium

On January 19th, the Pacific Legal Foundation issued the first legal challenge on LA County’s commercial eviction moratorium on behalf of a small Lawndale commercial landlord. The court case, titled Iten v. County of Los Angeles, seeks to overturn the Countywide commercial eviction moratorium. Although it was set to expire in May of last year, it has been continuously extended. It will likely be extended by the County within the coming …

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tax relief damages

According to the Los Angeles County Tax Assessor, you may be eligible for Misfortune or Calamity Property Tax relief if your property has been damaged by a natural disaster or other unforeseeable, sudden, and unusual occurrences. Filing a claim will temporarily reduce the assessed value of your property – and your property taxes. Granted, these values will remain in effect until …

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