There have been a number of new regulatory developments since our prior Alert, including updates on Prince George’s County rent control, Montgomery County tenant protections, Montgomery County Right of First Refusal (ROFR)...more
4/8/2024
/ Construction Industry ,
Housing Market ,
Landlords ,
LIHTC ,
Multi-Family Development ,
Real Estate Development ,
Rent ,
Rent Control ,
Rental Property ,
Right of First Refusal ,
State and Local Government ,
Tax Abatement ,
Tenants
Summary -
Numerous recent developments are having an impact on multifamily properties and owners throughout the region. These developments range from federal efforts to “protect renters and promote rental affordability” to...more
The DC Council has proposed legislation that would dramatically increase developers’ exposure for condominium warranty liability and could impact developers’ financial ability to finance, develop, and construct condominiums....more
The DC City Council has proposed two bills intended to make it easier for condominium associations and unit owners to pursue warranty claims against developers and obtain release of warranty funds....more
2/27/2020
/ City Councils ,
Condominiums ,
Construction Defects ,
Construction Disputes ,
Construction Project ,
Land Developers ,
Legislative Agendas ,
Proposed Legislation ,
Real Estate Development ,
Regulatory Agenda ,
State and Local Government ,
Warranties
The Department of Housing and Community Development (DHCD) of Prince George’s County in Maryland is reviewing numerous responses it received from developers on its recent Request for Qualifications (RFQ). The RFQ seeks to...more
President Obama signed the Housing Opportunity Through Modernization Act (H.R. 3700) into law on July 29. Title III of the Act will significantly modify Federal Housing Administration (FHA) condominium mortgage insurance...more
8/9/2016
/ Condominiums ,
Fannie Mae ,
Federal Housing Administration (FHA) ,
Freddie Mac ,
HUD ,
Mortgage Insurance ,
Mortgages ,
New Legislation ,
Popular ,
Real Estate Development ,
Real Estate Market
The Montgomery County Planning Board has approved—and will now send to the County Council for review—the Bethesda Downtown Plan, a potentially groundbreaking master plan that integrates the zoning and financing of public...more
Ballard Spahr’s mixed-use, condominium, and multifamily lawyers are pleased to provide this newsletter to keep you apprised of important developments and trends in real estate law in Maryland, Virginia, and Washington, D.C....more
7/12/2016
/ Condominiums ,
Construction Defects ,
Construction Industry ,
Construction Project ,
Disclosure Requirements ,
Dispute Resolution ,
Fees ,
First Time Homebuyers ,
Homeowners Association (HOA) ,
Land Transfer Taxes ,
Mixed-Use Zoning ,
New Legislation ,
Public Projects ,
Real Estate Development ,
Real Estate Market ,
Realty Transfer Taxes ,
Recordation Taxes ,
Resales Agreements ,
Security Deposits ,
Sewer Systems ,
Statute of Limitations ,
Tax Sales ,
Tenants ,
Utilities Sector ,
Vertical Restraints ,
Warranties ,
Zoning Laws
As discussed in Ballard Spahr’s previous alert sent on September 24, 2014, effective March 25, 2015, the sale of condominium units will no longer be subject to the registration requirements of the Interstate Land Sales Full...more
A decision by the District of Columbia Court of Appeals emphasizes the need for real estate developers to proceed with caution when making representations to potential home buyers in jurisdictions with consumer protection...more