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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

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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 …

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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

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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 …

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 …

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 …

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 …

Reports: President Obama nominates new secretary of HUD

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Fannie Mae Updates Delinquency Management, Default Prevention Policies

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DISCLAIMER: Because of the generality of this update, the information …

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 you …

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 …

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 …

Why Miami Hotel Prices Are Breaking Records

Bilzin Sumberg Baena Price & Axelrod LLPhttp://www.jdsupra.com/img/logo.gif

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 …

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 …

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 use, …

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

Lending Focus: Insurance Proceeds & Casualty Events

Rebuilding After a Casualty. Recent events such as Hurricane Sandy confirm that commercial properties can incur substantial damage and that insurance …

Casualty

Appellate Court Rules in Favor of Saudi Prince in Benedict Canyon Case

Appellate Court Rules in Favor of Saudi Prince in Benedict Canyon Case
Rejects arguments that ordinance requires environmental review

In the much …

House of Saud

CFPB Publishes Source Code for HUD-Approved Housing Counselors

In November 2013, the CFPB published a tool to help consumers find local HUD-approved housing counselors. Now, the CFPB has published open source …

LIFE-CYCLE: A legal guide to developing, investing in and managing buildings sustainably (Global)

Real estate is a major consumer of resources. Everyone needs a place to live and work and we use real estate for that purpose. Modern life means that …

Impact Investing

House Passes Energy Efficiency Bill

On March 5, 2014, the House of Representatives passed H.R. 2126, the “Energy Efficiency Improvement Act of 2014.” The bill was co-sponsored by …

Energy Efficiency

Japanese Homebuilder Eyes Big Investment In U.S. Rental Housing Market

Earlier this week, Japan’s biggest homebuilder by market value, Daiwa House Industry Co., announced its plan to invest ¥ 150 billion ($1.5 billion) …

CFPB Takes Enforcement Action Against Mortgage Lender for Alleged RESPA Violations

The CFPB announced it has entered into a consent order with a mortgage lender, engaged primarily in loss-mitigation refinancing, for violations of …

Lender