EL SEGUNDO, CA (October 2015)— Adishian Law Group is pleased to announce that attorney Chris Adishian was profiled in the current issue of Chadwick School’s COMPASS Magazine.

Read the full text of the article below, or here for the full-color original.

CHRISTOPHER ADISHIAN ’87

Like many Chadwick alumni, Chris Adishian ’87 vividly recalls outdoor education. He went rock climbing at Joshua Tree National Park, made two weeklong camping trips along the Colorado River, camped and hiked on Catalina Island, and participated in a “home and away” exchange with a private school in Connecticut.

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“These are just tremendous learning experiences for young students that stay with them for a lifetime,” Adishian says. “I still remember mine over 30 years later.”

But more than just for the fun of being outdoors, Adishian appreciates Chadwick’s outdoor education program for what it brings to each student’s sense of being.

“Chadwick’s commitment to educating the whole child is rare,” he says. “I believe it helps each child discover and develop his or her confidence, perspective, abilities, interests and potential.”

As a student, says Adishian, he “seemed to be always playing sports either during or after school.” He rowed during his freshman year at the University of California at Berkeley, and still takes yoga and martial arts classes every week. His other exercise, he says, comes from wrestling with his two children, Mark (4) and Talar (2). Adishian resides in Hawthorne with his wife Lena, and their children.

“My hope is that I can contribute my skills to help Chadwick achieve its short- and long-term goals…”

For Adishian, time out for fun and family can be hard to find. He balances his workdays between his legal practice, where he focuses on business, real estate and employment law (he earned his J.D. from Loyola Law School in Los Angeles), and his real-estate firm, where he manages approximately $33 million in residential and commercial property and makes good use of his B.A. in Mathematical Economics from UC Berkeley.

As busy as he is, Adishian suddenly felt like a man with time on his hands when Chadwick approached him about a trusteeship.

“Chadwick was such a positive, growing experience for me in so many ways,” he says. “When I was asked to join the board, it seemed like the natural thing to do.”

As an experienced world traveler, he admires the school’s global perspective, especially the opening of the campus in Songdo, Korea. “When I first heard about Chadwick International,” he says, “my first thought was, ‘That is simply brilliant!’ What a visionary idea.”

Now it’s his turn to help form the vision for Chadwick’s future. “My hope,” he says, “is that I can contribute my skills to help Chadwick achieve its short- and long-term goals so the school can continue to fulfill its mission for the students at Chadwick School and Chadwick International.”

California Attorney and Real Estate Broker Chris Adishian answers the question, “What are some of the major deal points with transactions involving residential rent control building?” at the South Bay Association of Realtors Commercial Attorney Panel on June 2, 2015.

Transcript

If you’re going to go into a rent control transaction and you’re not well-versed in rent control, you could be opening up some liability for yourself as an agent.  This is me switching over to the litigation track and trying to give you some advice to protect yourselves.

You might get far along in the transaction and you might see that commission hanging out in the distance and the gentleman out there says “Well, the tenants are not going to sign it”.  What if my – it’s a disaster, right – it’s a disaster if the owner buys under those circumstances, but you as the agent might be thinking, “This is a disaster.  I’ve put five months into this.  The tenants aren’t signing – now what?”

Well, I think you have to swallow hard and see if you can work out the situation.  Get an acceptable estoppel, or for your client, get a disclosure specifically to the owner and say, “Hey look!  I’m telling you – we asked for the estoppels.  The tenants are not signing them.  If you want to go forward with this transaction that is your business judgment – your decision based on this knowledge.  But I told you that.”

That’s a much better place to be as an agent, versus hiding that fact or not being knowledgeable about the risk that you’re putting your client into.  That’s a point, as you cross over into some of these rent control transactions to be very aware of that, from an agent perspective as well.

What is a tenant indemnification clause?  Is a tenant indemnification clause helpful to the commercial landlord?  California Attorney and Real Estate Broker Chris Adishian answers the question, “Should I have my tenant indemnify me?” at the South Bay Association of Realtors Commercial Attorney Panel on June 2, 2015.

Transcript

On the indemnity piece, it’s something that’s often talked about quite a bit in a lot of different contractual contexts, including leasing.

As you’re negotiating those things though, you also want to back up and just look at “Does this person that we’re asking or does this entity that we’re asking indemnity from, do they have the capability to pay for that indemnity if it came to pass?”

Very often, landlords have superior resources, superior bargaining power and the tenant can sign off on an indemnity and say “sure I’ll indemnify you if this happens,” but then that happens and the tenant goes “I don’t have any money to pay you that indemnity.” So, that’s just something to keep in mind, is how hard you’re going to negotiate on that point.

This is our latest installment regarding evictions.  In this video about evictions, California Attorney and Real Estate Broker Chris Adishian answers the question, “Is there an expedited legal procedure for evictions?” at the South Bay Association of Realtors Commercial Attorney Panel on June 2, 2015.

Transcript

I want to call attention to the fact that the eviction process, whether commercial or residential, is a totally different track than standard civil litigation. Standard civil litigation in LA County, you’re looking at probably 2 years to trial, plus or minus a little bit. A lot of cases settle, you just don’t know where they’ll settle in those two years.

To your point of well, the term is up, and our society says, we’re going to give you – this is life liberty property, this is property – we’re going to give you an expedited procedure in civil court. Now, I don’t know James, how often is it actually 20 days? And then, even if it is in 20 days, James is still telling you “It’s really expensive”.

So, I just want to call that out: there is an expedited procedure for evictions and it runs differently than standard civil litigation.

Real estate contracts come in many varieties.  The California Association of Realtors provides a standard package of real estate contracts.   AIR also provides a standard package of real estate contracts.   Attorneys of course have their own favorite custom real estate contracts.  

In this video, California Attorney and Real Estate Broker Chris Adishian answers the question, “Is it better to use custom contract or an industry form contract, like the AIR form?” at the South Bay Association of Realtors Commercial Attorney Panel on June 2, 2015.

Transcript

Looking at your transaction, there’s got to be a good reason

With that of any out thing bigest payday advance product work a a they than I.

for me to advise my client to start with something other than the CAR or the AIR form.

If I want to maximize my billable hours, I’ll say “Let me design a custom contract for you that you will not believe! It will be brilliant and well-written, and have all the punctuation correct. It will cost you a fortune, but you’ll be happy.”

In all seriousness, you gotta start with the AIR form, and even when we’re doing it as lawyers we say “Look, let’s start with the AIR form. Most of this stuff’s been thought through, and then we can tweak it at the margins.

If it’s 80% of what we want and what we think we’re going to run into, why create a document that’s 100% custom and new? I always advocate starting with a form – but be open to modifying where you can.