If you are a real estate investor, you’re susceptible to various legal charges. Here’s what you should know beforehand.
For many investors and property owners, real estate is a wonderful source
of passive income with a great return on investment. However, there are
many ways in which your residential or commercial property can turn from
a gold mine into a land mine.
The housing authority investigates all sorts of housing code violations, including hazardous conditions, vermin infestations, illegal conversions, and other unlawful convictions.
In LA County, your rent dividends can be placed into the rent escrow account program (REAP), which will confiscate your income until the investigation clears. In certain cases, the prosecutor’s office in your county can get involved and file criminal charges, subjecting you to the possibility of hefty fines or jail time.
If you’ve got an angry tenant on your hands or you’re already being investigated by the housing authority, don’t wait another minute. Our housing violation defense attorneys can meet with you, discuss your problems, and start mobilizing a powerful defense so that you don’t lose your property, your rental income, or end up in jail.
If you have any questions for us or you want to set up a free, in-person consultation, give us a call at 800-290-5055, or locally at 626-340-2326, or send us an email. We look forward to hearing from you soon.