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HTMLNegotiating a Lease? Don't Forget to Include Your SNDA, Too!
Cindi E. Cohen; Lerch Early Brewer Chartered;
Legal Alert/Article
March 9, 2015, previously published on January 27, 2015
Most commercial leases have a provision, as required by the landlord’s lender, that the lease will be subordinate to any existing mortgages or deeds of trust, and to any mortgages or deeds of trust entered into after the date of the lease. Further, the lease usually provides that the tenant...

 

HTMLMontgomery County Bill Mandates Training Course for Community Association Board Members
Lerch Early Brewer Chartered;
Legal Alert/Article
March 9, 2015, previously published on February 24, 2015
Effective January 2016, all members of Montgomery County community association boards of directors will be required to take basic training in community association management and law from the Montgomery County Commission on Common Ownership Communities (CCOC).

 

HTMLMaryland Court Rules Letter of Intent is Binding Even if Parties do not Wish to be Bound
Ann Marie Mehlert; Lerch Early Brewer Chartered;
Legal Alert/Article
March 9, 2015, previously published on February 17, 2015
The highest court in Maryland recently found that a letter of intent was binding on the parties even though the parties were unable to agree to the terms of the lease based on the letter of intent.

 

Adobe PDFUpdated Cyprus Real Estate Investment Schemes
Lia Iordanou Theodoulou, Stylianos Trillides; Patrikios Pavlou & Associates LLC;
Legal Alert/Article
March 6, 2015, previously published by “Expert Guide - Construction and Real Estate 2015”- CorporateLiveWire on February 2015 on March 2015
In the light of global developments and ever changing fiscal and monetary policies that impact investments and assets worldwide, there has been an increased interest by investors in relocating their assets and families to a jurisdiction that offers stability and security.

 

HTMLNew Lease Forms
Karine Chênevert; Borden Ladner Gervais LLP;
Legal Alert/Article
March 6, 2015, previously published on February 09, 2015
The Regulation to amend the Regulation respecting mandatory lease forms and the particulars of a notice to a new lessee will come into force on February 24, 2015 and will alter the mandatory lease forms for private seniors’ residences in Québec.

 

HTMLStockton Mortgage, Inc. v. Tope, C071210 (2015) --- Cal.Rptr. ---
McCormick Barstow Sheppard Wayte Carruth LLP;
Legal Alert/Article
March 5, 2015
Stockton Management loaned $315,000 to Joshua Prinze for the purchase and rehabilitation of a single family home. Stockton Mortgage solicited money to fund the loan from various investors. The loan was secured by a deed of trust which listed Prinze as the borrower, Stockton Mortgage as the Trustee...

 

HTMLMcMillin Companies, LLC v. American Safety Indemnity Co., D063586, ----Cal.Rptr.3d ----- (2015)
McCormick Barstow Sheppard Wayte Carruth LLP;
Legal Alert/Article
March 5, 2015
McMillin Companies, LLC ("McMillin") was the general contractor and B & B Framing, Inc. ("B & B") was the framing subcontractor on certain residential real estate development projects. ASIC issued a general liability policy to B & B. Lawsuits were subsequently filed...

 

HTMLWow!!! Someone Stole My Real Estate
Robert M. Milner; Robinson Brog Leinwand Greene Genovese & Gluck P.C.;
Legal Alert/Article
March 5, 2015
Can this happen? You bet it can, and not infrequently. How is this possible? Since the reign of Henry VIII (1491-1547), the right of an individual to claim title to lands that he did not own, but did occupy for a given period, has been recognized under a doctrine known as “adverse...

 

HTMLVietnam Land Price Framework, Water Surface Rents and a Number of Problems in Actual Practice
Nguyet Thi Nguyen; Mayer Brown JSM Vietnam Limited;
Legal Alert/Article
March 5, 2015, previously published on February 16, 2015
Effective from 29 December 2014, the land price framework issued by the Government of Vietnam were officially implemented. Under the 2014 Land Law, land price frame will be issued every five years for each type of land in each region. During the implementation period, should land price commonly...

 

HTMLVertical Parking, Elevated Parking or Car Stackers... Call it as You Want, This is an Incredible Space-Saver!
Sébastien Thomas; McCarthy Tétrault LLP;
Legal Alert/Article
March 5, 2015, previously published on February 20, 2015
From a legal standpoint, though, one should be cautious to make proper preliminary verifications before resorting to vertical parking to save the day.

 


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