Real Estate Watch on Flipboard

By JD Supra Business Advisor | JD Supra's magazine for real estate professionals, with timely, need-to-know insights & advisories by industry insiders. Stay smart.

New Markets Tax Credits for Real Estate Development

The new markets tax credit (‘‘NMTC’’) was added to the Internal Revenue Code as §45D2 by the Community Renewal Tax Relief Act of 2000.3 Initially the …

Real Estate

Court Confirms Bank Can Be Held Liable for Conduct and Representations Occurring During Loan Modification Process

A California Court of Appeal recently held that a defaulting mortgagee can assert claims for breach of contract, wrongful foreclosure, unfair …

Banking

1031 Exchanges with a Twist

Now that the recession appears to be fading into memory, Section 1031 Exchanges are on the rise. Section 1031 of the Federal Tax Code allows property …

Removing Unit Owners from Condo Units

What does it take for a condominium corporation to force the removal of a unit owner from a unit? We have previously written blogs on this topic, …

LinkedIn

Real Estate Tip: The Case of the Shrinking Easement

Unlike most states, Massachusetts land transactions may be “registered” in a procedure conducted at the “Land Court.” The Land Court’s own …

Real Estate

Fannie Mae Updates Numerous Selling Policies

On May 27, Fannie Mae announced in Selling Guide Announcement SEL-2014-06 numerous selling policy updates. The announcement includes changes to …

Fannie Mae

Supreme Court to Rule on Controversial Right of Rescission Timeline for Mortgages

The Supreme Court agreed this month to resolve a stark divide in the United State Courts of Appeals regarding the time bar for residential mortgage …

Mortgages

Mortgage Lead Generator To Pay $250,000 in FTC Settlement on Deceptively Advertised Mortgage Rate Charges

GoLoansOnline.com, Inc., a Houston, Texas-based mortgage lead generator, will pay the Federal Trade Commission $250,000 under a settlement announced …

Mortgages

Are eClosings for Residential Loans the Future?

Noting that the residential mortgage origination process is often "fraught with anxiety" for consumers, CFPB Director Richard Cordray announced an …

Richard Cordray

Billboard Tax Imposed on New York City’s Commercial Renters

Companies with ads on New York’s billboards may find that tax collectors are their first customers.

New York City imposes a little-known commercial …

New York

Reports: President Obama nominates new secretary of HUD

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Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & …

Democrats

Fannie Mae Updates Delinquency Management, Default Prevention Policies

On May 16, Fannie Mae announced through Servicing Guide Announcement SVC-2014-07, that for a borrower who submits a complete Borrower Response …

Fannie Mae

License? We Don’t Need No Stinking License!

I know. You’ve heard it from me, or your construction attorney, ad naseum. When in doubt get a license. We’ve paraded out the list of terribles: If …

U.S. Supreme Court

Important Trends And Factors To Consider As Empty Nesters Downsize

As boomers reach retirement age, they are seeking a more carefree lifestyle by reducing the square footage of both house and yard, and purchasing …

Trends

Federal court unseals rare False Claims Act complaint against home mortgage servicer

In Brief

The complaint claims lender OneWest falsely certified that it made required disclosures to homeowners, leading the federal government to pay

CFPB Launches Pilot Program for Electronic Mortgage Closing Process

In conjunction with its field hearing on “key consumer ‘pain points’” (see April 15, 2014 Alert), the CFPB announced the release of a report that …

Mainebiz Real Estate Insider – Real Estate Magic: Memos of Lease

Every once in a while, among the dusty and dormant documents hidden in Maine’s 18 registries of deeds, an occasional magic scroll comes to life. One …

Real Estate

Why Miami Hotel Prices Are Breaking Records

MIAMI—Suzanne M. Amaducci-Adams, partner with Bilzin Sumberg Baena Price & Axelrod and leads the firm's hospitality group, has her finger on the …

Travel Deals

Ready to Print Your Next Building?

This past year I read an article on Forbes about the nascent 3D printing movement and a young man named Cody Wilson who literally printed himself a …

Printing

Agrihoods: The New “Farm-To-Table” Homebuilding Trend

Imagine driving down the paved street of a suburban community. Children are riding their bikes toward a neighborhood playground. Couples are walking …

Food

Tenant’s Use – Illegal or Not?

Impact on lease provisions of state laws allowing marijuana cultivation and distribution. The State of California was a pioneer in legalizing the …

Marijuana

Beyond Real Estate: Publicly Traded Homebuilders (And Other Public Companies) Must be Aware of Cybersecurity and Data Breach Disclosure Requirements Applicable to SEC Filings

Generally speaking, publicly traded homebuilders and other public companies must disclose material information in their SEC filings. “Information is …

Data Breach