Jonathan J. Lo - Esq
Jonathan J. Lo is a junior partner at the LO&LO LLP. He joined the firm in 2009 and focuses on the areas of individual and corporate bankruptcy law and estate planning matters. He also has extensive experience in the areas of contract review, litigation, civil matters, and criminal defense.
Jonathan received his Bachelor of Arts in Economics from the University of California, San Diego and obtained his Juris Doctorate at Southwestern School of Law in Los Angeles. During law school, he served as a judicial extern for a federal bankruptcy judge in the United States Bankruptcy Court in Los Angeles, where he drafted memoranda analyzing legal issues and recommending outcomes in Chapter 11 and 7 bankruptcy matters. Jonathan was admitted to the California Bar in 2015 and was selected to the Top Attorney’s list by Pasadena Magazine in 2018 and 2019.
Learn More About Jonathan Lo
1. Where did you grow up? What do you recall about the city growing up?
I grew up in San Marino and attended the San Marino school system, graduating in 2004. Great area to grow up in with good education, deep traditions, friendly people, and a safe neighborhood. Basically, no worries as a kid!
2. Why did you pick to have your office in Alhambra?
My father started the practice in 1981 as a solo practitioner. His first office was in Monterey Park, then he moved the office to Alhambra location in the early 90’s. I believe he chose to move his office to Alhambra mainly because it its convenient proximity to San Marino, where we lived.
3. What are some of your favorite restaurants in the SGV?
I have a few favorite restaurants from Pharos, Pepe’s, The Hat, B-Mans, Golden Deli, and Savoy Kitchen (Hainan Chicken). All these restaurants are just delicious, nom nom!
4. What drew you into become a lawyer?
It kind of just grew on me. When I was middle in school my dream was to be a pro golfer. Later on in college, I became interested in doing international business in Asia. While studying Economics at University of California San Diego, and I went to study abroad in Shanghai for half a year. During my time abroad I realized that conducting business requires a certain lifestyle to be successful, which I just didn’t see for myself. So, I came back to work under my father to pass the time. The more I did, the more people I helped, the more fulfilled I was. I decided to sign up for law school and the rest is history. The exciting part of being a lawyer is that I get to represent and learn from the very businessmen that I was aspired to be.
Address: 506 N. Garfield Ave, Suite 280
Alhambra, Ca 91801
5. Who can benefit the most from your services?
Individuals and business owners who need guidance during a business or real estate transactions and legal representation if a dispute has already arisen. We also help families and individuals who need estate planning services such as a living trust, durable power of attorneys, and advanced healthcare directives. And finally, bankruptcy services to help Individuals and businesses that are overwhelmed with debt and struggling to make ends meet.
6. What can we do to protect ourselves when purchasing real estate?
Be diligent and informed of the buying and selling process to avoid misunderstandings and disputes. Retain the services of a real estate agent or an attorney to help you every step of the way. Get every offer, counter offer, agreement, modification, and addendum in writing because the Statutes of Frauds theory requires real estate contracts to be written and signed by all parties in order to be considered binding and enforceable. Reason being these are types of contracts that are most susceptible to fraud.
7. How can people avoid or prevent lawsuits during a real estate transaction?
The standard CAR (California Association of Realtor) forms include a mediation and arbitration clause whereby it states that if any disputes arise the parties can agree to mediate the matter with a neutral third party. If that process is unsuccessful, the parties then can take it to an arbitration proceeding. Arbitration is a private process where disputing parties agree that the arbiter, usually a retired judge, can make a decision about the dispute after receiving evidence and hearing arguments. If you want to avoid costly litigation, in case a dispute arises, in a transaction it would be wise to agree to the Alternative Dispute Resolution (ADR) processes.
8. Do you have any horror stories that you can share with us?
Two people got together to purchase a house, a foreigner cash buyer and a local real estate broker. They verbally agreed they would split the property 50/50. As time went on disputes arose as to the amount each contributed and ownership of the property. Essentially, the partner that provided cash believed she owned a lot more than just 50%. The problem here was, they did not enter into a partnership agreement spelling out the terms of the arrangement. Everything was verbal and based on trust. Lawsuit ensued, and after 2 years of litigation the case was settled. Fees and time were wasted, when they could have avoided all this with a partnership agreement.
9. Any new laws in the area of real estate we should know about?
SB 330: This law that makes it more difficult for
local authorities to disapprove housing development. Not only by forcing local authority to provide specific and substantial evidence that the development would be inconsistent with pre-existing zoning, but also requiring local authorities to approve or disapprove the development with stricter timeline.
AB 881: Makes it easier for people to create ADUs (Assessor Dwelling Units). ADUs can be a new or converted garage, storage area, or structure. The law prohibits local agencies from requiring parking that is offsets from the loss of the garage.
AB 1482: Just passed a state wide rent control that imposes a maximum of 5% rent increase per year, not necessarily only rent control areas. Alhambra for example was not under rent control, but now landlords can only increase rent by 5% per year with some exceptions of course for buildings 15 years or newer. Evictions now require a 90 day notice with “just cause” to evict.
10. Message to the people?
When making a major decision whether it is starting a business or buying real property do your research, ask experienced individuals, get everything in writing. If you have any doubts, consultant an attorney. Contact us, if you have any law related questions. Don't forgot to mention "SGV HOUSING" for a free consultation.