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Residential Real Estate Updates

Read Residential Real Estate law updates, news, and legal analysis from leading lawyers and law firms:
International Lawyers Network

Buying and Selling Real Estate in Brazil (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER BRAZILIAN LAW - 1. OVERVIEW OF BRAZILIAN HISTORY - Brazil is a federative republic and the largest country in both South and Latin America. It is also the world's...more

Coblentz Patch Duffy & Bass

UPDATE: San Francisco Empty Homes Tax – Superior Court Judge Strikes Down San Francisco Empty Homes Tax, Grants Challengers’...

As discussed in our last update on the November 2022 Proposition M, Empty Homes Tax Ordinance (the “Empty Homes Tax”), the San Francisco Apartment Association, the Small Property Owners of San Francisco Institute, the San...more

Bradley Arant Boult Cummings LLP

Tennessee Supreme Court Clarifies Standing Law and Eliminates Wrongful Foreclosure as a Cause of Action in a Big Win for Mortgage...

Bradley scored a significant victory in the Tennessee Supreme Court on November 14, 2024. In a long-awaited decision, the Tennessee Supreme Court clarified a long-standing inconsistency in Tennessee law with its opinion in...more

Allen Matkins

SB 684 and SB 1123 Expedite the Entitlement Path for Small “Starter” Home Developments

Allen Matkins on

SB 684, which took effect on July 1 of this year, provides for streamlined, ministerial processing of certain residential projects in multifamily zoning districts consisting of no more than 10 single-family homes. The law...more

Allen Matkins

Sustainable Development and Land Use Update 11.21.24

Allen Matkins on

In a surprise monumental decision, the U.S. Court of Appeals for the D.C. Circuit held that the White House Council on Environmental Quality (CEQ) has no authority to issue regulations implementing NEPA and that CEQ’s NEPA...more

Rivkin Radler LLP

Abandoning N.Y. Domicile – Must the Business Owner Abandon Their N.Y. Business?

Rivkin Radler LLP on

During the weeks leading up to the Presidential election, the media carried stories about wealthy supporters from each Party who had announced their intention to leave the country if the other Party’s candidate became...more

Lowndes

Oviedo Implements Major Overhaul of Land Development Code

Lowndes on

The City of Oviedo has enacted significant revisions to its Land Development Code (LDC), introducing new regulations and standards that will impact future development within the city. These changes address various aspects of...more

Cadwalader, Wickersham & Taft LLP

Sovereign Immunity and the New York Statute of Limitations

Patricia Reid (Defendant) obtained a mortgage from BAC Home Loans Servicing, L.P. (BAC) for certain real property located in Queens, New York. In March, 2010, BAC accelerated the debt and initiated a foreclosure action. The...more

Cadwalader, Wickersham & Taft LLP

Heir and Square

The Uniform Partition of Heirs Property Act (the Heirs Act) was originally enacted in New York in December 2019 to protect heirs of real property from being forced to sell their property at auction. The Act was most recently...more

International Lawyers Network

Buying and Selling Real Estate in Austria (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER AUSTRIAN LAW - I. Introduction - There are many considerations that a buyer/ seller of real estates should make before buying or selling a property. The following article is...more

Bradley Arant Boult Cummings LLP

Understanding the FEMA 50% Rule

Following Hurricanes Helene and Milton, impacted homeowners have received correspondence from their local building officials notifying the homeowners that their property is affected by the 50% Rule. Sometimes these are...more

Ballard Spahr LLP

Prince George’s County Anti-Gouging Bill and Rent Control Guidance; Montgomery County Term Limits and Troubled Properties...

Ballard Spahr LLP on

With another interest rate cut, the capital markets appear to be more promising for real estate transactions; time will tell how this month’s elections will impact the real estate industry. ...more

McGlinchey Stafford

District Court Dismisses FDCPA and TILA Claims Against Mortgage Servicer

McGlinchey Stafford on

On November 14, 2024, the United States Court for the District of Arizona dismissed a pro se litigant’s claims against Sun West Mortgage Company, Inc. (Sun West) and Cody N. Crosier, foreclosure counsel for Sun West...more

Cozen O'Connor

Cozen Cities - November 20, 2024

Cozen O'Connor on

DETROIT — City Becomes Largest U.S. City to Accept Cryptocurrency Payments - Detroit residents will have the option beginning in mid-2025 to make payments with the digital currency through a secure platform managed by...more

Walkers

Jersey Adopts OECDs Global Minimum Tax Rate of 15%

Walkers on

Jersey has passed legislation to implement the OECD's global minimum tax rate of 15%, known as "Pillar 2", which will apply for fiscal years commencing on or after 1 January 2025....more

International Lawyers Network

Buying and Selling Real Estate in Australia (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER AUSTRALIAN LAW - INTRODUCTION - The majority of land in Australia consists of freehold title. Registration of ownership of freehold title is recorded using the Torrens...more

Whiteford

Client Alert: Update – Virginia Court Invalidates Arlington’s Missing Middle Policy

Whiteford on

On October 25, 2024, Arlington County Court was filled to capacity as Judge Schell delivered his final judgment in the case of Marcia Nordgren v. Arlington County Board. This ruling provided much-needed clarity following the...more

Lowndes

Designing Residential Communities? Don’t Overlook This Critical Distinction.

Lowndes on

The recent Vitalia at Tradition Residents' Association, Inc. v. Vitalia at Tradition, LLC decision shines a spotlight on a key but sometimes misunderstood aspect of community governance: the difference between classes of...more

International Lawyers Network

Buying and Selling Real Estate in Argentina (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER ARGENTINIAN LAW - I. INTRODUCTION. Below you will find a brief outline of the legal regulation of the acquisition of real estate property in Argentina, which is mainly...more

Schwabe, Williamson & Wyatt PC

OP-ED: Office-to-Residential Conversions and the Search for Feasibility

Portland, like many U.S. metro areas, has an abundance of office vacancies and a shortage of housing. These issues are not news, but rather an obvious — and fixable — disconnect between two real estate market sectors....more

Downs Rachlin Martin PLLC

Corporate Transparency Act – Federal Reporting Requirements for Homeowners Associations

As discussed more fully in our previous article, the Corporate Transparency Act (CTA) went into effect at the beginning of 2024 and requires certain entities to submit beneficial ownership reports....more

Orrick, Herrington & Sutcliffe LLP

FHFA partners with GSEs to expand housing access for tribal communities

On November 7, the FHFA announced partnerships with both Fannie Mae and Freddie Mac to boost programs that expand housing access for tribal communities. The collaboration involved the FHLBank of Des Moines promoting Freddie...more

Bricker Graydon LLP

Land Banks & Community Land Trusts Creating “Permanently” Affordable Housing

Bricker Graydon LLP on

Land banks and community land trusts (CLTs) are non-profit corporations each formed under Ohio law. They share similar missions to unlock the potential of vacant, abandoned, and/or tax-delinquent (VAD) properties....more

Williams Mullen

Title Endorsement Basics - November 2024

Williams Mullen on

Title insurance is issued using standardized forms of policies and endorsements. The most commonly used forms for commercial properties are those promulgated by the American Land Title Association (ALTA), a nationwide title...more

Dunlap Bennett & Ludwig PLLC

Understanding The Homebuying Process In New York

There are many things to consider when buying a home in New York. A few of these considerations, in determining if homeownership is right for you, are the prices of the homes and the current interest rates. You will also...more

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