The Supreme Court on Thursday ended the eviction moratorium created by the Centers for Disease Control and Prevention .
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Key Terms to Look for in Your Real Estate Purchase Agreement
At the heart of every real estate transaction, there is a Purchase Agreement. The Purchase Agreement is the document that the Buyer and Seller both sign to officially enter into the transaction. The Purchase Agreement is the fundamental document as the parties navigate through the real estate transaction process. The Purchase Agreement is a binding…
Commercial Real Estate During a Pandemic
Particularly worrisome in the real estate legal world during this second wave of the COVID-19 pandemic is the $2 Trillion dollars in commercial real estate loans at risk. Small and medium-sized local and regional banks may not have enough set aside in allowance for loan and lease losses, especially now that hotels, restaurants, stores, and…
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Small Business Loan Program Creates Opportunity for Investment
Small Business Loan Program Creates Opportunity for Commercial Real Estate Investment
During the times of general uncertainty due to the COVID-19 pandemic, there has been an immediate economic impact. American small businesses have been hit as hard as any other player in our economy. However, recovery will come and opportunity will arise. Let’s take a…
U.S. Census Bureau Worker?
NO SOLICITING.
Almost all apartment communities have this policy. Landlords and property management companies prohibit soliciting to prevent the public from entering their apartment buildings to make requests, such as attempting to sell something or asking for a donation from tenants. So when a field representative for the U.S. Census Bureau asks a property manager…
Real Estate Property Disclosures: Iowa vs. Nebraska
Since 1994, Nebraska and Iowa have required sellers of residential property to disclose known material defects. Neb. Rev. Stat. § 76-2,120 & Iowa Code § 558A. Many people encounter this when purchasing their first home. Buyers can rest easy knowing that if the seller fails to disclose a known defect, they have the opportunity to…
HUD Starts with Criminal Background Checks
April is Fair Housing Month.
HUD kicked it off with issuing guidelines for the use of criminal records by housing providers. Using the Disparate Impact theory, HUD has stated that a landlord may violate the Fair Housing Act if the practice of using criminal background records has a disparate impact on a protected class under the…
My Property Taxes Went WAY Up…What Now?
Property taxes.
Every homeowner has them (unless you’re fortunate enough to own a property that is currently enjoying a tax abatement) and every homeowner begrudges having to pay them. As a general rule, you should always expect your property taxes to increase year-over-year. On one hand, that means the assessed value of your property has…