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Condominiums Fair Market Value

Patton Sullivan Brodehl LLP

What’s the “California Housing Freeze” Proposition on the November Ballot?

A rent control initiative titled the “Affordable Housing Act” — but criticized by others as the “California Housing Freeze” — has qualified as Proposition 10 on the November 2018 ballot.  What is it?...more

Cozen O'Connor

Sixth Circuit Holds That Declines in Market Value are Not a Factor in Determining Actual Cash Value

Cozen O'Connor on

In a case of first impression in Michigan, the federal Court of Appeals determined last month that general market conditions could not be considered when calculating actual cash value. In Whitehouse Condominium Group, LLC v....more

Snell & Wilmer

Can an HOA "Super-Priority" Lien Extinguish a Lender's Deed?

Snell & Wilmer on

It is hard to imagine that a lender’s first-position deed of trust on a residence worth hundreds of thousands of dollars could be extinguished by a homeowners’ association (HOA) lien for overdue neighborhood assessments,...more

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