Mondaq USA: Real Estate and Construction
In September 2012, the California State Legislature enacted SB 1186 in an effort to cut back on opportunistic litigation and encourage compliance with disability access laws.
FINRA issued Regulatory Notice 13-18 to provide guidance to firms on communications with the public concerning unlisted real estate investment programs, including unlisted REITs and unlisted direct participation programs that invest in real estate.
As a result of the decision in Lydon Millwright, contractors and subcontractor need to understand that executing monthly releases and waivers are not clerical tasks, and carelessly signing these documents can have serious ramifications.
Delaware corporations and other business entities have a limited opportunity to minimize and liquidate exposure to Delaware unclaimed property liability by enrolling in Delaware's Voluntary Disclosure Agreement Program.
A discussion on a recent decision which arose out of the losses to landlords and tenants from Superstorm Sandy, where the Civil Court of New York County found that a retail tenant of a lower Manhattan property was not entitled to a rent abatement from its landlord based on the tenant's loss of electricity following the storm.
A discussion on the legislative and judicial clarification of mortgage law in Illinois.
HUD is out with its most recent data concerning the number of discrimination complaints filed under our federal Fair Housing Act (FHA).
Residential building owners must seismically retrofit their buildings, under a new law adopted by the City and County of San Francisco.
There may not be a law like it anywhere else in the country. But in Rhode Island, by statute, the second-low bidder can pursue a claim for damages if the low bidder violates the prevailing wage laws.
The Garden State is forging ahead with rebuilding efforts after Superstorm Sandy devastated the Jersey Shore last October.
Just yesterday, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Justice (DOJ) issues new guidance which reaffirms that the Fair Housing Act’s (FHA’s) requirement that multifamily housing be designed and constructed so as to be accessible to persons with disabilities.
Maryland Governor Martin O'Malley has signed a law that brings significant changes to how recordation tax will be imposed.
One way lenders can limit their losses is to ensure that its collateral has a water meter, thereby avoiding advances for overstated water/sewer charges.
It is anticipated that today at a news conference with Governor Christie the Governor will announce HUD’s approval of the New Jersey Sandy CDBG DR Action Plan.
Earlier this month, the Department of Justice (DOJ) announced that a property owner in Mississippi agreed to pay $27,000 to settle a lawsuit involving allegations of discrimination under the Fair Housing Act (FHA).
Forty-two U.S. appraisal firms announced March 18 that they now are operating as Valbridge Property Advisors.
On Friday April 26th the U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan announced federal approval of New York State's recovery action plan to help homeowners and businesses following Superstorm Sandy, Hurricane Irene, and Tropical Storm Lee.
A local government agency may start the process for condemning private property without first complying with the California Environmental Quality Act.
The Georgia Real Estate Appraisers Board recently adopted its final regulations regarding standards for developing and reporting an "evaluation appraisal."
The New York State Department of Taxation and Finance, Office of Counsel, Advisory Opinion Unit recently issued an opinion concerning the application of sales tax.
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A number of significant changes to California construction statutes take effect over the next year.
A commentary on a recent decision in the case of Engineering & Construction Innovations, Inc., v. L. H. Bolduc Co., interpreting a subcontractor's agreement to indemnify a contractor, the subcontractor's contractual obligation to procure insurance to cover that indemnity agreement and the impact of the Minnesota anti-indemnification statute on such contract provisions.
The Government has announced that at some point in Spring 2013 it will bring into effect a new permitted development ("PD") right, to allow changes in use from Use Class B1(a) (offices) to Use Class C3 (residential), so that there will be no requirement to obtain an express planning permission for such a change in use.
The city of Lancaster, California recently adopted an ordinance requiring builders of most new homes to install functional solar power generation systems on these homes prior to their sale to the public.
The Coulillards refinanced a purchase money mortgage.
Over the years, the pollution exclusion in commercial general liability policies has provided something of a moving target for insureds, insurers, and underwriters.
On July 11, 2012, California Governor Jerry Brown signed
into law the "Homeowner’s Bill of Rights," AB 278/SB 900,
marking the first U.S. state to adopt into law the
residential mortgage foreclosure reform principles
outlined in the February 2012 National Mortgage
Servicing Settlement with the nation’s top five mortgage
servicers. California Attorney General Kamala Harris, along
with leadership in both the Senate and Assembly,
sponsored the "Homeowner’s Bill of Rights."
In an ever-changing economic environment, commercial tenants may be forced to make certain decisions regarding their corporate structures and leases.
The Georgia Real Estate Appraisers Board recently adopted its final regulations regarding standards for developing and reporting an "evaluation appraisal."
California's long-standing anti-indemnity laws prohibit a public agency from forcing a contractor to indemnify the agency for its "active negligence."
