Commercial Real Estate – May 23, 2012

by McNees Wallace & Nurick LLC on 5/23/2012

In a much anticipated decision, the Pennsylvania Supreme Court in Tech One Associates v. Board of Property Assessment, Appeals and Review of Allegheny County, 32 WAP 2010 (April 25, 2012), held there is statutory authority...more

by Franczek Radelet P.C. on 5/14/2012

The Illinois Department of Revenue has released the final 2011 Cook County equalization factor. The factor for 2011 is 2.9706. The press release from the Department of Revenue is available here. The preliminary...more

by Ballard Spahr LLP on 5/8/2012

For charitable organizations in Pennsylvania, obtaining and preserving real estate tax exemptions just got a little more difficult. The Pennsylvania Supreme Court has ruled that the statute intended to clarify the...more

by Reed Smith on 5/7/2012

On April 25, 2012, the Pennsylvania Supreme Court issued a potentially explosive decision to 501(c) corporations in Mesivtah Eitz Chaim of Bobov, Inc. v. Pike County Board of Assessment Appeals; No. 16 MAP 2011. At issue was...more

by Pullman & Comley, LLC on 5/3/2012

In This Issue: - 2012 Revaluations Loom - Not All Comparables Are Equal - The Bubble Returns? - Odd Tax Exemption Case Decided Excerpt from 2012 Revaluations Loom The western Connecticut communities of...more

by Dinsmore & Shohl LLP on 5/3/2012

The Kentucky Supreme Court recently ruled that a private, non-profit entity which acquired and marketed property in order to attract new business to Floyd County, did not qualify for an exemption from paying ad valorem real...more

by Franczek Radelet P.C. on 4/25/2012

It may seem as though paying property tax refunds is only a problem for school districts in Illinois, or perhaps only for school districts in certain parts of Illinois. But school districts across the country face the...more

by McDermott Will & Emery on 4/13/2012

The UK Government Budget announced by Chancellor George Osborne on 21 March 2012 (the Budget) makes substantial changes in relation to the structure of stamp duty land tax (SDLT). The UK Government Budget announced by...more