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HTMLDroning Along: What Commercial Real Estate Property Owners Should Consider in the Drone Age
Jennifer Sacco Smith; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
Legal Alert/Article
December 6, 2016, previously published on November 15, 2016
Drone use in the real estate industry has exploded in recent months. The utility of drones in sales, marketing, construction, surveying, and inspection of real property is undeniable. There is vast potential for commercial use of drones in the real estate industry. Their use has become very...

 

HTMLSignificant changes to the Land Transfer Tax Ac
Brennan M. Carroll, Braek Urquhart, Jamison Young; Borden Ladner Gervais LLP;
Legal Alert/Article
November 28, 2016, previously published on November 23, 2016
Effective January 1, 2017, Land Transfer Tax rates for commercial real property transactions will increase.

 

Adobe PDFThe Future of Airbnb in New York
Jennifer Haberman, Nicholas B. Malito; Schnader Harrison Segal & Lewis LLP;
Legal Alert/Article
November 25, 2016, previously published on November 2016
One of the most controversial and popular topics in real estate today involves Airbnb, the online home rental service, and the concept of transient rentals. In New York City, Airbnb’s largest market in the United States, this issue has come to the forefront when on October 21, 2016, New York...

 

HTMLNet Lease Market Strong
David H. Gunning; McDonald Hopkins LLC;
Legal Alert/Article
November 24, 2016, previously published on October 7, 2016
According to the Brokers out in the Net Lease market, the stable and consistent returns of net-lease investments continue to drive investor demand. In turn, this is compressing cap rates in the sector to levels that not have been seen in years. Single Tenant net-lease retail remains the most...

 

HTML2 Ways A Tenant Can Avoid Immediate Lease Problems
Chad J. Richman; McDonald Hopkins LLC;
Legal Alert/Article
November 24, 2016, previously published on October 4, 2016
In a sophisticated transactional world it can be easy to overlook two basic tenant concerns: (i) when possession of the space will be delivered, and (ii) the condition of the space on delivery.

 

HTMLThink Like a Lender for a Better Landlord Lease
Chad J. Richman; McDonald Hopkins LLC;
Legal Alert/Article
November 24, 2016, previously published on October 12, 2016
As demand for real estate has outpaced supply in many markets, rents have risen beyond their pre-recession levels and landlords of desirable properties enjoy the flexibility to dictate lease terms. This is particularly true where the tenant is a start-up, early stage, and/or thinly capitalized...

 

HTMLRaise Now, Spend in a Downturn
Chad J. Richman; McDonald Hopkins LLC;
Legal Alert/Article
November 24, 2016, previously published on October 31 2016
One thing many experts agree on is that real estate is cyclical. Therefore, the optimal business strategy is to obtain capital commitments when cash is abundant and spend it when asset prices have bottomed out. In a real estate downturn, cash is king.

 

HTMLOwning the Day of Closing
Chad J. Richman; McDonald Hopkins LLC;
Legal Alert/Article
November 24, 2016, previously published on September 27, 2016
Every real estate purchase and sale transaction has a closing date. In its simplest form, the closing date is the date the purchase price is paid to the seller in exchange for the deed.

 

HTMLMoCo Council on Path to Revamp Subdivision Staging Policy and Development Impact Taxes
Lerch Early Brewer Chartered;
Legal Alert/Article
November 17, 2016, previously published on November 09, 2016
The Montgomery County Council took "straw votes" yesterday, November 8 (with the official vote to occur November 15), to overhaul two major policies regulating development in the county -- Subdivision Staging Policy (SSP) and development impact taxes. The SSP and impact taxes are an...

 

HTMLFlorida Supreme Court Rules that Dismissal of Foreclosure Action Returns Parties to their Pre-Foreclosure Action Status, and Resets Accrual Date for Statute of Limitations Purposes
Jay B. Verona, Thomas M. Wood; Shumaker, Loop & Kendrick, LLP;
Legal Alert/Article
November 16, 2016, previously published on November 04, 2016
The Florida Supreme Court issued its long awaited decision in Bartram et al. v. U.S. Bank NA, case number SC14-1265, on November 3, 20161, affirming the decision of the Fifth District Court of Appeals in U.S. Bank Nat. Ass’n v. Bartram, 140 So.3d 1007 (Fla. 5th DCA 2014), and finding that...

 


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