THE NEXT MAJOR EARTHQUAKE WILL HAPPEN – Now’s the Time to Retrofit Your Soft-Story Building

Many cities, such as Los Angeles, Santa Monica, Beverly Hills, and Pasadena have mandatory ordinances requiring earthquake retrofitting for “soft-story” and certain other types of multifamily residential buildings by specific dates.  In addition, many rental property owners are voluntarily retrofitting their buildings to best protect real property investments, because they are being required by lenders and insurance companies, or to avoid potential legal exposure and liability should the next “Big One” happen.

Seismic retrofitting involves engineering and construction to provide additional structural support to strengthen weaker areas of apartment buildings that are at risk of failure and collapse during earthquakes.  Often, these involve “soft-story” or buildings with “tuck-under” parking.  Soft-story or tuck-under buildings generally have one or more sides that do not give adequate structural support to upper floors - these sides may typically be garages or carports with units above them or large window areas.

Join us for this important webinar and learn your responsibilities for protecting your real property from impacts of the next major earthquake with seismic retrofitting.  During this important webinar, we will cover:

• The requirements and deadlines imposed by multiple Southern California jurisdictions, and the types of buildings that require earthquake seismic retrofitting.
• Why retrofit your building now when you may not have to?
• The seismic retrofitting process from A-to-Z: from design, to bid, to completion. What to expect?
• Handling the “tenant factor” – what to do about parking during the retrofitting project?
• Possible timelines and costs of retrofitting projects – If you have an approved design, learn how your project can be completed at a fixed fee.
• What is involved in a contract for seismic retrofitting work? There are some important provisions you should know and understand before signing.
• Discounts available to Apartment Association of Greater L.A. members.
• And, of course, much, much more! Q&A to Follow…

The discussion will be moderated by Daniel Yukelson, AAGLA’s Executive Director.  After registering, participants can submit questions prior to the meeting so that we can tailor the discussion to your concerns.  Additionally, there will be opportunities during the meeting to submit your questions live.

This is another of many member-exclusive informative online sessions we have been offering.  Please log in to register.  If you have any questions regarding this event, please contact Events Manager Diana Alcaraz via email at .  We look forward to seeing you.  Please stay diligent and be healthy!

WARNING:  THE INFORMAITON PROVIDED DURING THIS WEBINAR IS FOR GENERAL INFORMATION PURPOSES ONLY. ABSOLUTELY NO LEGAL OR TAX ADVICE IS BEING GIVEN DURING THIS WEBINAR.  BEAR IN MIND THAT EVERY SITUATION IS UNIQUE, AND THE LAWS, RULES AND REGULATIONS ARE SUBJECT TO CHANGE AT ANY TIME.  SO BEFORE ACTING, BE SURE TO OBTAIN TAX AND/OR LEGAL ADVICE FROM A LICENSED PROFESSIONAL.

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