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2017 Legislative Changes to the Florida Condominium Act

On June 26, 2017, Governor Scott approved House Bill 1237, changing or amending a number of statutes regulating condominium associations. These statutes address conflicts of interest and access to official records, changes...more

Emmanuel Macron Elected President: French Taxation to Fall in Line with the European Average?

by Dechert LLP on

Following the election of Emmanuel Macron as President of the French Republic, you will find below a few examples of expected tax changes of potential importance to our clients....more

Have Yourself a Very Trumpy Tax Plan

by Dechert LLP on

Well, we’ve had the big reveal and the administration’s new tax plan is out. This plan, announced with a great deal of fanfare, feels more like a campaign promise than an actual executable plan. At two hundred forty-six...more

2017 Proposed Legislation Regarding Florida Statutes, Chapter 718

In recent legislation, Senate Bills 1258 and 1682 and House Bills 1001 and 1237 seek to amend Florida Statutes, Chapter 718....more

Homeowner's Association Bill Dies During First Funnel Week

by Davis Brown Law Firm on

As you may know, earlier this year a bill was introduced at the Iowa legislature that included proposed changes to the law applicable to homeowner’s associations. The bill, House File 158, was entitled the “Iowa Common...more

Reaction to Uncertainty in Affordable Housing Industry Brought on by Trump Election

The 2016 Election has created more questions than answers for the affordable housing industry. Very little is known about President-elect Trump's vision for affordable housing. On one hand, Mr. Trump has described himself as...more

Changes to the PA Uniform Planned Communities Act and the Uniform Condominium Act.

by Tucker Arensberg, P.C. on

Governor Wolf recently signed into law House Bill No. 1340 of 2015 which amends both the Uniform Planned Communities Act and Uniform Condominium Act. The two statutes are complementary and have substantially similar...more

New draft regulation on REITs

by DLA Piper on

On 14 October 2016, the Polish government published a long-awaited draft of a new law on real estate investment trusts (REITs) (Polish: spólki rynku wynajmu nieruchomosci). The draft has now been referred to public...more

Major Tax Legislation Enacted by the Short Session of the 2015-16 General Assembly

by Smith Anderson on

This Alert summarizes the major tax provisions included in legislation passed by the 2015-2016 North Carolina General Assembly in its short session, which concluded earlier this month. The most widely discussed tax...more

Contractors Do It, PIs Do It; Why Not Real Estate Brokers?

by Allen Matkins on

Individuals and corporations, but not limited liability companies, may be licensed as real estate brokers under the California Real Estate Law. This is a result of a bargain reached when California’s enacted its first...more

Financial Services Weekly News - April 2016 #3

by Goodwin on

Regulatory Developments - FHFA Announces Principal Reduction Program for Struggling Underwater Homeowners - On April 14, the Federal Housing Finance Agency (FHFA) announced a new Principal Reduction Modification...more

Bill to Tax Vacation Home Rentals Is Alive but Not Quite Kicking

by PretiFlaherty on

Attention, Massachusetts vacation home owners who earn money renting your properties! An Act Providing for Local Aid Enhancement is showing signs of kinetic energy....more

UK Budget 2016: Real Estate

by DLA Piper on

Yesterday George Osborne delivered the 2016 Budget. There were some significant announcements for the real estate industry....more

UK Budget 2016 – Overview

by White & Case LLP on

The Chancellor has presented a packed March Budget bursting at its seams with measures impacting businesses and individuals alike... ..The first reference to tax in his statement was to "tax avoidance" and that tells...more

Senator Introduces Bill To Allow LLCs To Be Licensed As Real Estate Brokers

by Allen Matkins on

Section 17701.04(b) of the California Corporations Code provides: A limited liability company may have any lawful purpose, regardless of whether for profit, except the banking business, the business of issuing policies...more

Mandatory Training for Community Association Board Members

by Ballard Spahr LLP on

Following the release of a report evaluating the Montgomery County Commission on Common Ownership Communities, the Montgomery County Council in Maryland enacted legislation that requires training and certification for board...more

Condominium And Homeowners Bills Enacted By The 2013 Florida Legislature

by Bilzin Sumberg on

HB 73- Omnibus Legislation - This bill containing 74 pages is a "stripped down" version of a bill which passed the House last year but failed to obtain Senate approval. It contains a potpourri of changes to the...more

Distressed Condominium Relief Act Extended

by Bilzin Sumberg on

On Friday, April 6, 2012, Governor Rick Scott signed HB 517 which contains a provision extending the Distressed Condominium Relief Act (Act) otherwise due to sunset July 1, 2012. The Act was adopted in 2010 as a way to...more

Legal Update: Redevelopment Bills Challenged: CRA Files Lawsuit Challenging Redevelopment Bills By Basil "Bill" Shiber and JoAnne...

by Miller Starr Regalia on

ABX1 26 and ABX1 27 were enacted by the State Legislature in late June as “trailer bills” to help implement the state budget bill. The purpose and effect of the bills is to reallocate tax revenue which would otherwise go to...more

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