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"Lien In": North Carolina General Assembly Revisits New Mechanics Lien Laws

Last April, we wrote about the significant changes to the North Carolina mechanics lien laws, which are continuing to create issues and opportunities for owners, contractors, subcontractors and title companies working in the...more

North Carolina Update: State Tax Developments - Spring 2014

This North Carolina update discusses significant legislative, judicial, and administrative developments in North Carolina tax laws during the period October 2013 through April 2014, including the outlook for the upcoming...more

U.S. Expands Sanctions on Russia in Light of Crisis in Ukraine

In response to Russian President Vladimir Putin's decision earlier this month to reclaim the Crimean Peninsula as a part of the Russian Federation, President Barack Obama issued three executive orders authorizing the...more

School Facilities

KMTG continues our series of updates on new legislation signed by Governor Brown. All laws became effective January 1, 2014, unless otherwise stated. School Facilities: Sale of Surplus Real Property; Return of State...more

"Chairman Camp’s Proposals Place REITs in the Crosshairs"

On February 25, House Ways and Means Committee Chairman David Camp (R. Mich.) proposed a dramatic overhaul of the U.S. tax code (the Code). While the “Tax Reform Act of 2014,” (the Proposals) contains a number of previously...more

Senate tax reform proposals: “chilling effect” on real estate industry

A tax reform proposal released by the Senate Finance Committee would have a major impact on the real estate industry, according to comments submitted to the committee by a number of industry groups. If enacted in their...more

Members Seek Update to Comprehensive Environmental Response Compensation and Liability Act

On January 9, the U.S. House of Representatives passed H.R. 2279, the Reducing Excessive Deadline Obligations Act. The package, composed of three separate bills, seeks to modernize existing federal law and increase the role...more

Senate Finance Committee Chairman Proposes Repeal of Like-Kind Exchange Deferral and Other Changes Affecting Real Estate

On November 21, 2013, Senate Finance Committee Chairman Max Baucus released the third package in a series of "Staff Discussion Drafts" containing proposals to reform the tax code. This third set of proposals focuses on...more

Senate Introduces Bill To Amend Endangered Species Act

A bill to amend the Endangered Species Act (ESA)—entitled the Endangered Species Management Self-Determination Act (Bill)—has been introduced in the United States Senate. The Bill, authored by Senators Rand Paul (R-Ky.), Mike...more

H.R.2612 - Public Buildings Savings and Reform Act of 2013 Underscores DMV Rent Caps

Following a May 2012 directive from the White House Office of Management and Budget, federal agencies are now prohibited from increasing their space while concurrently reducing the amount of space under lease. As a...more

Polanco Act 2.0 Set to Commence in 2014

When Governor Brown eliminated California’s redevelopment agencies with one swipe of his pen (OK, fine, he had a bit of help from the California Supreme Court as well), one of the things that got a bit lost in the ensuing...more

Local Agencies Empowered to Order the Cleanup of Contaminated Properties - Assembly Bill 440 Provides Agencies Immunity from...

Gov. Brown recently signed Assembly Bill 440 into law, providing an important tool for local agencies to force the cleanup of contaminated properties within their borders. AB 440 builds upon the Polanco Redevelopment Act...more

Governor Brown Vetoes Eminent Domain Bill, But I'm Not Sure Why

Earlier this week, Governor Brown vetoed AB 374, a bill to amend Code of Civil Procedure section 1263.510, the statute governing recovery of loss of business goodwill in an eminent domain case. But it's not the veto that...more

Comprehensive Tax Reform Remains a Top Priority for Key Members

Congressional Consideration Continues, Including Provisions That Would Impact the Real Estate Industry - The House Ways & Means Committee is currently holding Member-level discussions on tax reform and is in the...more

Governor Christie Enacts Cluster Development Legislation: Law amends MLUL to clarify authorization for cluster developments

Governor Christie yesterday signed into law legislation that amends the Municipal Land Use Law (MLUL) to expand authorization for the use of cluster developments. The legislation, S2608 (Senators Van Drew and Oroho)/A3761...more

Public Notice Town Of Ovid: Resolution Authorizing Transfer Of Surplus Property To The Village Of Ovid, Subject To Permissive...

PUBLIC NOTICE TOWN OF OVID Notice is hereby given that the Town Board of the Town of Ovid, Seneca County, New York at a meeting thereof, held on July 24, 2013, duly adopted, subject to a permissive referendum, a...more

Alert: Developments in Connecticut Municipal Law

Overhaul of Revenue Collection Statutes Goes into Effect this Fall - The most comprehensive overhaul of Connecticut’s municipal revenue collection statutes in decades will go into effect on October 1, 2013. Public Act...more

Emerging Statutory Threats to Recourse Triggers

A new type of threat is emerging that may thwart special servicer collections: retroactive state legislation. For most CMBS collection actions involving nonrecourse loans, the issue of springing recourse triggers (so-called...more

The Climate Change Compromise and Energy Efficiency: Congress and the President Intersect in Your Building Thermostat

As the 113th Congress grows more antagonistic, it seems that energy efficiency is one of the few issues on which almost everybody in the government can agree. Using energy more efficiently saves money, helps prevent...more

County’s Interpretation Of General Plan Amendment Amounted To Regulatory Taking

A county interpreted a voter-enacted amendment to its general plan to prohibit the completion of a self-storage facility on property owned by Lockaway Storage, a project that was in the works before the amendment went into...more

Condominium And Homeowners Bills Enacted By The 2013 Florida Legislature

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

New Jersey Gets Federal Approval for $1.8 Billion in Hurricane Sandy Aid

The Obama administration recently approved more than $1.8 billion in aid to help New Jersey residents and businesses recover from Hurricane Sandy. The Community Development Block Grant (CDBG) funds for New Jersey, part of a...more

Capitol Report: Property Insurance Bill Creating Citizens Clearinghouse Passes 2013 Florida Legislature

Committee Substitute for Senate Bill 1770 (CS/SB 1770) passed by the 2013 Florida Legislature creates a “keep-out” clearinghouse to reduce the size and type of exposures insured by Citizens Property Insurance Corporation...more

CEQA Reform Update

This year has seen more momentum for CEQA reform than in many previous years. California’s economy has placed a spotlight on the burdens that environmental regulations and litigation, particularly CEQA litigation, impose on...more

Sale of Seneca Falls building may be decided

SENECA FALLS — The battle over the Arcade Building may be over. Supervisor Don Earle said terms of a settlement are nearing completion and should be ready by Tuesday night’s Town Board meeting. Earle said attorney...more

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