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The following discussion of our financial condition and results of operations should be read in conjunction with the financial statements and notes thereto and other financial information included elsewhere in this report. Certain statements contained in this report, including, without limitation, statements containing the words "believes," "anticipates," "expects" and words of similar import, constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of certain factors, including our ability to create, sustain, manage or forecast our growth; our ability to attract and retain key personnel ; changes in our business strategy or development plans; competition; business disruptions; adverse publici...

handling refrigerator repairs in the rental agreement." title="Ryan McVay/Photodisc/Getty Images" /> State your responsibility for handling refrigerator repairs in the rental agreement. While California law does not require landlords to provide refrigerators for tenants, if they do, then they set themselves up for additional responsibilities regarding the maintenance and operation of the appliance. A landlord could leave refrigerator repairs up to the tenant, but leaving the task to the tenant must be stated clearly in the rental agreement. Amenities California law classifies refrigerators as amenities rather than necessities in the consideration of habitability requirements placed on landlords. Landlords are not required to provide refrigerators for tenants to use, and the lack of a refrigerator does not make the property unfit for living. Other items that are considered amenities include washing machines , parking spaces and pools. Repairs If you furnish y...

Being a renter or owner in Los Angeles is hard, but Rental Girl founder Elizabeth McDonald knows how to succeed at both. Have questions? She has the answers. Q: The handyman my landlord hires does shoddy work. Can I demand a better repair person? — Steve, Topanga A: Bad news: As a renter, you're stuck with your landlord's opinion—and his pocketbook. Your only recourse is to move out, unless the repairs pose a hazard, in which case you can file a complaint with HCIDLA. Q: If I'm charging for classes or dinners that I host in my apartment, do I have to let my landlord know? —Kelley, Culver City A: All standard rental agreements in L.A. have a clause about not running a business out of a rental property . This clause originates from the City of Los Angeles, which regulates what we can or cannot do on a property in the way of zoning and land use. If the property is zoned for residential use, then you are restricted to using the rental for living only. Worst-case scenari...

Affiliates of Toronto-based Republic Funds paid $17 million last month to buy two Little Rock apartment complexes with a total of 482 units. Republic Spanish Rock , a limited partnership, paid $11 million for the 258- unit Spanish Rock Apartments in the Markham Mesa subdivision . Spanish Rock is the combination of several complexes from eight units to 162 units. Another limited partnership, Republic Spanish Jon , paid $6 million for the 224- unit Spanish Jon Apartments at 5001 W. 65th St. Pete Hartnett, senior vice president of Dallas- based Rowan Properties , represented Republic Funds as well as the "large Texas-based seller that owns thousands and thousands of Class C units," he said. In an interview, Hartnett declined to identify the Texas seller. Both properties underwent significant interior and exterior renovations, which were completed before the sale, Rowan Properties said in a news release. Spanish Jon Apartments had a low cost housing program agreement th...

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