Blog Archives

Impact of a Tenant’s Bankruptcy During Lease Term

A tenant’s bankruptcy or insolvency does not automatically terminate an unexpired lease of real property. It does not matter whether the lease expressly authorizes early termination in the case that the tenant becomes insolvent or bankrupt, because these types of lease clauses are unenforceable.  [11 USC § 365(e); In re Cole (9th Cir. BAP 1998) 226 BR 647, 652.] When a tenant files for bankruptcy this typically triggers an automatic stay of “the enforcement against the debtor or property of the estate of a judgment obtained before commencement of the bankruptcy case and “any act to obtain possession of property of the estate or of property from the estate . . .” [11 USC  §§§ 362 (a)(1), 362 (a)(2), & 362 (a)(3).]  Accordingly, as of the tenant’s

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Posted in Lease Bankruptcy, Leases

Celebrity Evictions – Beyonce and Jay Z Forced to Move out of Los Angeles Home

There was an interesting article on last week about Beyonce and Jay Z’s rental. Apparently, the couple has been renting a home in Holmby Hills for between $150,000 and 200,000 per month. The reason they are being kicked out is not due to any problems arising out of their tenancy – the house sold for $35.5 million. This begs the question of what happens when a house is sold or other real property is sold. The answer depends on the nature of the lease and whether the lease was recorded.   For example, if you have a month to month lease and the property is sold the seller or even the new owner can generally terminate the lease upon 30 days notice (or 60 days

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Posted in Ownership, Residential Lease, Residential Lease Unlawful Detainer

Zachary D. Schorr’s Expert Appearance on the Dr. Phil Show

Zachary D. Schorr’s Expert Appearance on ABC’s Nightline

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Zachary Schorr Superlawyers

Zachary D. Schorr has been named to the Southern California Super Lawyers (Rising Stars) list for attorneys in Real Estate for 5 straight years - 2012, 2013, 2014, 2015 and 2016. Each year, no more than 2.5 percent of the lawyers in the state receive this honor. In 2016 he was also included as one of the top 100 lawyers in Southern California in this category. The selection for this respected list is made by the research team at Super Lawyers.

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If you are currently involved in a real estate dispute, either commercial real estate or residential, and are looking for a Real Estate Attorney in Los Angeles with a cost-effective, results oriented approach designed to meet your case's specific needs, contact the attorneys at Schorr Law. Our real estate firm has the specific knowledge and experience necessary to get you the best possible results.

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