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HTMLEndangered Bat Poses New Challenges for Property Owners and Developers
Theodore J. Esborn; McDonald Hopkins LLC;
Legal Alert/Article
March 2, 2016, previously published on February 17, 2016
Property owners, developers, and project proponents need to be aware of a new endangered species. On February 16, 2016, a new rule passed under the Federal Endangered Species Act, took effect listing the northern long-eared bat as “endangered.” The ruling comes as the result of drastic...

 

HTMLPrivatizing Montgomery County's Economic Development Efforts
Robert G. Brewer; Lerch, Early & Brewer, Chartered;
Legal Alert/Article
February 29, 2016, previously published on February 1, 2016
Montgomery County is in the process of privatizing its economic development efforts by dismantling its Department of Economic Development (DED) and transferring most of its functions to a new private entity, Montgomery County Economic Development Corporation (MCEDC).

 

Adobe PDFU.S. District Court Reverses Bankruptcy Court in Important Victory for Condominium Associations
Steven G. Mlenak; Greenbaum, Rowe, Smith & Davis LLP;
Legal Alert/Article
February 25, 2016, previously published on February 2016
On February 16, 2016, the U.S. District Court for the District of New Jersey handed down an important victory for condominium associations in the matter of Whispering Woods Condo. Ass'n v. Rones (In re Rones).

 

HTMLOpen-ended real estate funds in liquidation: Damages still possible
Michael Rainer; GRP Rainer LLP;
Legal Alert/Article
February 23, 2016, previously published on February 19, 2016
Investors in open-ended real estate funds which have since gone into liquidation can still assert claims for damages. Their prospects have improved thanks to the jurisprudence of the Bundesgerichtshof (German Federal Court of Justice).

 

Adobe PDFChanges to the Condominium Act
Joshua D. Sprague; Perley-Robertson, Hill & McDougall LLP/s.r.l.;
Legal Alert/Article
February 16, 2016, previously published on February 1, 2016
Bill 106 (the Protecting Condominium Owners Act, 2015) received Royal Assent in the Ontario legislature on December 3, 2015. Bill 106 is the result of an 18-month public engagement process, the Condominium Act Review (the “Review”), which involved condominium owners, developers,...

 

HTMLPersonal Suit May Be Brought in Maryland Under Loan Secured by Real Property in Washington, D.C.
Edward J. Levin; Gordon Feinblatt LLC;
Legal Alert/Article
February 15, 2016, previously published on January 2016
In National Institutes of Health Federal Credit Union v. Butler, No. 2100, Sept. Term, 2014, unreported (Md.Ct.Spec.App. Dec. 3, 2015), the Court of Special Appeals held that the noteholder could bring an in personam action in Maryland on a promissory note which is secured by residential property...

 

HTMLHigh Bidders at Tax Sales Must Pay the Bid Surpluses to the Property Owners
Edward J. Levin; Gordon Feinblatt LLC;
Legal Alert/Article
February 15, 2016, previously published on January 2016
Kona Properties, Inc. v. W.D.B. Corp., Inc., 224 Md. App. 517 (2015), involved three consolidated cases with similar facts. In each, properties in Baltimore City were sold at tax sales and the Circuit Court for Baltimore City issued an order in each case foreclosing the right of redemption. The...

 

HTML2016 ALTA/NSPS (formerly ALTA/ACSM) Land Title Survey Standards
Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
Legal Alert/Article
February 15, 2016, previously published on February 10, 2016
On February 23, 2016, the 2016 Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys will become effective (superseding the 2011 ALTA/ACSM standards).

 

HTMLSophisticated Email Scams Targeting the Real Estate Industry
Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
Legal Alert/Article
February 15, 2016, previously published on January 28, 2016
A sophisticated (and effective) wire-fraud scam targeting real estate (and other) transactions is on the rise, and mostly occurring in the United States.

 

HTMLReverse Mortgage Made to a Disabled Person Without Her Guardian’s Consent Is Void
Edward J. Levin; Gordon Feinblatt LLC;
Legal Alert/Article
February 15, 2016, previously published on January 2016
In James B. Nutter & Co. v. Black, 225 Md. App. 1, 123 A.3d 535 (2015), the Court of Special Appeals held that a reverse mortgage made by James B. Nutter & Co. to Edwina E. Black, a disabled person for whom a court had appointed a guardian, was void because the guardian did not join in the...

 


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