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International Lawyers Network

Buying and Selling Real Estate in Colombia (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER COLOMBIAN LAW- 1. Standard Forms of Agreements to buy and sell Real Estate: Despite the existence of several types of agreements to implement real estate transactions in...more

Bennett Jones LLP

Fair Market Value—What Does it Mean?

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In the world of real estate, it is common to use fair market value (FMV) as a way of describing the value of real estate or rents payable. However, perhaps not often considered is the issue that the term FMV can mean...more

Seward & Kissel LLP

Swedish Fish-ing for Venue, Food for Thought, and Office Space

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Intrum files for bankruptcy in US to restructure $4.5 billion debt pile | Reuters - Europe’s largest debt collector Intrum filed for Chapter 11 bankruptcy in the U.S. to restructure its debt after struggling with the...more

Katten Muchin Rosenman LLP

Differentiating Between ROFOs and ROFRs

Rights of first offer (ROFOs) and rights of first refusal (ROFRs) are two tools often used to provide rights to potential purchasers with respect to all types of assets and business opportunities. These rights grant their...more

International Lawyers Network

Buying and Selling Real Estate in Chile (Updated)

KEY ASPECTS OF REAL ESTATE ACQUISITIONS UNDER CHILEAN LAW - I. STANDARD FORMS OF AGREEMENTS - 1. Offer to Purchase: Offer to Purchase sets forth Buyer's offer of price, date for closing, contingencies for...more

Vinson & Elkins LLP

Balancing Act: Lithium Extraction and a New Era of Legal Issues

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As the world moves toward cleaner energy, lithium has become crucial, powering electric vehicles and renewable-energy storage systems. With lithium demand set to increase more than 40-fold by 2040, the race to extract this...more

Bennett Jones LLP

2024 Taxation Year Reporting Exemption for Bare Trusts

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On October 29, 2024, the Canada Revenue Agency (CRA) announced that bare trusts are once again exempt from filing the T3 Income Tax and Information Return (including Schedule 15 regarding beneficial ownership information of a...more

Buchalter

Landlord’s Guide to Commercial Leasing: Strategies to Protect Your Investment and Enforce Judgments Against Tenants

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If you have ever had to file suit against a non-paying commercial tenant, you know first‑hand collecting a monetary judgment can be complicated, especially if the tenant is a business entity (e.g., an LLC, corporation, etc.)....more

Otten Johnson Robinson Neff + Ragonetti PC

2024 Legislative Updates: New Landlord-Tenant Laws in Colorado

In response to Colorado’s limited affordable housing supply, the General Assembly recently enacted several laws affecting residential landlords and tenants. These new laws involve tenant evictions, occupancy limits, housing...more

Marshall Dennehey

Superior Court of Pennsylvania Held that Landowner Was Not Relieved of Its Duty of Care for Open and Obvious Dangers When It...

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Robinson v. Seven Springs Mountain Resort, Inc., 2024 WL 2955263 (Pa. Super. June 12, 2024) - The plaintiff, a business invitee, broke her ankle while playing disc golf at the defendant’s disc golf course....more

International Lawyers Network

Buying and Selling Real Estate in Canada - Québec (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER CANADIAN (QUÉBEC) LAW - Unlike the other Canadian provinces and territories, which are all common law jurisdictions, Québec is a civil law jurisdiction. It is governed by the...more

DLA Piper

REIT Tax News - November 2024

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Welcome to the November 2024 issue of REIT Tax News. Below, we summarize five key developments impacting REITs this past year....more

Holland & Knight LLP

Navigating Cannabis Leasing: Legal and Practical Considerations for Landlords

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The cannabis industry in the United States has experienced rapid growth, with an increasing number of states legalizing the use of marijuana for medical and recreational purposes. As of 2023, nearly half of the U.S....more

Freeman Law

The Meaning of a U.S. Real Property Interest Under FIRPTA

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Section 897 of the Internal Revenue Code provides that gain or loss of a nonresident alien or foreign corporation from the disposition of a United States real property interest is subject to U.S. federal income tax. And,...more

Hogan Lovells

UK Rooftop Solar – guiding landlords and tenants

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While we often associate solar panels with homes, businesses are also turning to renewable alternatives to power their properties. As electricity costs remain volatile one of the ways environmentally aware landlords and...more

Goulston & Storrs PC

Democratizing Development Without Losing Sight of the Social Impact of Economic Growth

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As addressed in our prior advisory, Boston is reforming the impact review process in Article 80 of its zoning code. This process is analogous to “site plan review” outside of Boston, involving public review of a project’s...more

Hinckley Allen

The Legal Implications of a Continuing Lease Guaranty

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A guaranty secures the faithful and timely performance of a tenant’s obligations under a lease and ensures that the landlord can legally pursue the guarantor in the event of a tenant’s default. A lease guaranty can come in a...more

Cadwalader, Wickersham & Taft LLP

REIT PLR: No Assets? No Income? No Problem.

Tax advisors to REITs have long pondered the metaphysical question of whether a REIT with no assets or income in its first year can pass the requisite REIT asset and income tests to qualify as a REIT. In a recent private...more

Hinckley Allen

A New Era of Energy Efficiency: The Impacts of Boston’s BERDO and New York City’s Local Law 97 on Commercial Lease Transactions

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As the effects of climate change become more urgent, municipalities across the United States are enacting laws attempting to reduce carbon emissions and improve energy performance. These initiatives present both landlords and...more

Goulston & Storrs PC

Governor Healy Enacts Permit Extension Act of 2024: Boosting Development and Protecting Approvals

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On November 20, 2024, Governor Healy signed the Permit Extension Act of 2024 (the “PEA”) into law as part of the Mass Leads Act. Effective immediately, the PEA extends the term of a wide array of permits and approvals in...more

Hinckley Allen

Not All Retail Leases Are Created Equal

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This article highlights some of the important differences between in-line leases, ground leases, and leases of stand-alone buildings for retail uses. Understanding the complexities of retail leases is essential for both...more

International Lawyers Network

Buying and Selling Real Estate in Canada - Ontario (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER CANADIAN (ONTARIO) LAW - INTRODUCTION - Canada, a bijural country, utilizes both common and civil law. Except for Québec, a civil law jurisdiction, the common law operates in...more

Holland & Knight LLP

A Look at the CTA's Subsidiary Exemption as Applied to CMBS Special Purpose Entities

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The Corporate Transparency Act (CTA) requires certain domestic and foreign entities, called "reporting companies," to file a beneficial ownership information (BOI) report – which provides information about their owners,...more

Mayer Brown

Warehouse Transactions

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Join us for a new episode of Financial Services Focus with partner Susannah Schmid and associate Jenna Siebold from Mayer Brown's Banking & Finance practice in Chicago, as they discuss the traditional plain-vanilla structure...more

Hogan Lovells

Final rule expands CFIUS’s reach over real estate transactions

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On November 1, 2024, the U.S. Department of the Treasury (“Treasury”), in its role as chair of the Committee on Foreign Investment in the United States (“CFIUS”), issued a final rule (the “Final Rule”) amending CFIUS’s...more

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