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|Court Denies Residential Board's Request For Injunction Invalidating Budget and Condominium Board's Request For Injunction Granting Access|
Ganfer Shore LLP;
January 29, 2016, previously published on December 14, 2015In a recent litigation involving two Condominiums located in the same Manhattan building, each Board of Managers moved for a preliminary injunction against the other. The court denied the relief sought by both sides. OA Manhattan LLC v. Condominium Board of Managers of Cassa NY Condominium, 2015...
|Do Building Permits Affect Title to Real Estate? A Consideration of MacDonald v. Chicago Title|
Simon P. Crawford; Bennett Jones LLP;
January 27, 2016, previously published on January 1, 2016No, although unfortunately, we have to overcome a December 2015 decision of the Ontario Court of Appeal in order to support that "no". A decision that, in order to square with the legal framework of real estate law, will need to be either overturned or distinguished, filed away and...
|US Government to Penetrate Secrecy in Manhattan, Miami Residential Transactions|
Michael W. Galligan, Marc A. Landis, Tiberio Schwartz; Phillips Nizer LLP;
January 21, 2016, previously published on January 16, 2016On January 13, 2016, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) ordered certain title insurance companies to identify the individuals behind the purchase of residential real estate in Manhattan (New York County, New York) and Miami-Dade County,...
|New Tax Legislation Enhances Investments in U.S. Real Estate and REITs|
Carl J. Riley, Alejandro Ruiz, Robert D. Simon, Jennifer H. Weiss; Greenberg Traurig, LLP;
January 20, 2016, previously published on January 16, 2016Congress recently passed, and President Obama signed into law, the Protecting Americans from Tax Hikes Act of 2015 (the Act), in connection with funding the federal government and extending the availability of a number of expiring tax provisions. Among the many tax law provisions included within...
|Raising the Alarm for Landlords|
Withers Bergman LLP;
January 19, 2016, previously published on January 07, 2016Landlords should be aware of the changes being implemented by The Smoke and Carbon Monoxide Alarm (England) Regulations 2015 ('the Regulations'). A survey carried out by British Gas found that 59% of landlords were not aware that the Regulations were due to come into force. The Regulations came...
|Online Training for Montgomery County Community Association Board Members Now Available|
Jeremy Mark Tucker; Lerch, Early & Brewer, Chartered;
January 19, 2016, previously published on January 5, 2016The Montgomery County Commission on Common Ownership Communities (CCOC) has launched a new online training program for common ownership community board members elected after January 1, 2016.
|Minimum Energy Efficiency Standards - Watts All The Fuss About?|
Emma Horn; Withers Bergman LLP;
January 19, 2016, previously published on January 7, 2016Under the new Minimum Energy Efficiency Standards ('MEES'), landlords cannot grant a lease of a property with an energy performance certificate (EPC) rating of F or G unless all cost-effective works to improve energy efficiency have been carried out or an exemption applies. MEES applies to both...
|Regulating Deregulation: Changes to Obtaining Possession of Assured Shorthold Tenancies|
Eloise Morgan; Withers Bergman LLP;
January 19, 2016, previously published on January 07, 2016Provisions of the Deregulation Act came into force on 1 October 2015, and have made some comprehensive changes to the procedure for obtaining possession under section 21 of the Housing Act 1988 (as amended). Serving a section 21 notice requiring possession allows landlords of Assured Shorthold...
|2016 Commercial Property Tax Appeals|
Thomas J. Denitzio, John J. Reilly; Greenbaum, Rowe, Smith & Davis LLP;
January 18, 2016, previously published on January 2016Some of New Jersey’s commercial, industrial and multi-occupancy property owners have seen signs of an economic rebound, but many continue to face challenges to their bottom line precipitated by factors such as lower rental incomes and higher vacancy rates. Others may face property value...
|The Sun May Have Set on the Federal Protecting Tenants at Foreclosure Act, but in the Sunshine State it is the Dawn of a new Statutory Scheme to Protect Tenants|
Adria Maria Jensen; Shumaker, Loop & Kendrick, LLP;
January 14, 2016, previously published on Autumn 2015In May 2009, the Protecting Tenants at Foreclosure Act became federal law, one of several measures enacted through the Helping Families Save Their Homes Act. The Act or “PTFA” as it was commonly called, changed the landscape of post-foreclosure possession procedures in every state,...