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Residential Real Estate Updates

Read Residential Real Estate law updates, news, and legal analysis from leading lawyers and law firms:
Sheppard Mullin Richter & Hampton LLP

DOJ Moves to End $13 Million Redlining Consent Order

On May 28, the U.S. Department of Justice filed a motion to terminate its redlining consent order against a New Jersey-based bank. The five-year order, entered in September 2022, resolved allegations that the banks violated...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, June 12, 2025

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Gov. Shapiro, Amazon Unveil Historic $20B AI Investment in PA - On Monday, Governor Josh Shapiro (D) and Amazon announced a $20 billion investment to build AI infrastructure in Pennsylvania, including two major data centers...more

Cozen O'Connor

Broad Street Brief: City Council Passes FY26 Budget, HOME Bills

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City Council Passes FY26 Budget, HOME Bills- During their final meeting before summer recess, the City Council passed a staggering 58 bills, including the FY26 Capital and Operating Budgets, business and wage tax cuts, and...more

Blank Rome LLP

Executive Summary – New York Regulation and Disclosure – What Mortgage Applicants Need to Know

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A new law in New York took effect on June 11, 2025, requiring banking organizations, licensed lenders, and mortgage bankers provide a disclosure pamphlet titled “What Mortgage Applicants Need to Know” (the “Pamphlet”)....more

Hogan Lovells

UK Real Estate Horizon Scanner Summer 2025

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The UK government continues to make plenty of promises in terms of reform, a rental revolution and a planning shake-up. What is coming down the line in terms of new legislation over the next few months and which are the...more

Ballard Spahr LLP

Multifamily June 2025 Alert

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As spring begins to give way to summer, legislative activity shows no signs of cooling off. Our May TOPA Alert generated many questions and comments and a further update on the pending TOPA reform legislation is included...more

Tonkon Torp LLP

Big, Beautiful Opportunity Zones

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Deep in the 1,100 pages of the “big, beautiful bill” is a plan to retool and extend one of the big policies from the first Trump administration: Opportunity Zones. Under this tax incentive program, investors defer capital...more

Ballard Spahr LLP

House Financial Services Committee approves ‘trigger leads’ bill

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The House Financial Services Committee has approved a bill that would restrict the use of “trigger leads” in the mortgage industry. ...more

Pullman & Comley - For What It May Be Worth

Connecticut Focuses on Streamlining/Incentivizing Commercial to Residential Building Conversions

As part of an ongoing effort to address the affordable housing shortage, the Connecticut General Assembly has passed Senate Bill No. 1444 which is designed to facilitate the conversion of certain buildings to residential use....more

Cozen O'Connor

Cozen Cities - June 11, 2025

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BOSTON—City Receives $7.4M for Office-to-Residential Conversions -Massachusetts Governor Maura Healey (D) allocated $7.4 million to support two office-to-residential conversion projects in downtown Boston, part of a broader...more

Vinson & Elkins LLP

Justice Department’s “Civil Rights Fraud Initiative” Increases False Claims Act Risks Related to Alleged Discrimination

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On May 19, 2025, Deputy Attorney General Todd Blanche issued a memorandum announcing the creation of the Department of Justice’s (DOJ) Civil Rights Fraud Initiative (the Initiative), which directs DOJ attorneys to utilize the...more

Smith Debnam Narron Drake Saintsing & Myers,...

Buying? Not Married? Have You Considered Your Options for Real Estate Ownership and What Happens if You Break Up?

Purchasing a home is a significant financial investment, introducing unique legal considerations for unmarried couples. According to the National Association of Realtors’ 2024 Profile of Home Buyers and Sellers, unmarried...more

Mayer Brown

Licensing Link - June 2025

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Licensing Link is a periodic publication that will keep you informed on hot topics and new developments in state licensing laws, and provide practice tips and primers on important issues related to state licensing across the...more

Mayer Brown

Georgia On (Regulators’) Mind: Significant Changes Coming to Georgia Residential Mortgage Act

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On May 14, 2025, Governor Brian Kemp signed Georgia House Bill 15 into law. House Bill 15, which will take effect on July 1, 2025, will implement several major changes to Georgia’s residential mortgage licensing law, the...more

McGuireWoods LLP

Prince William County Approves New Voluntary Affordable Dwelling Unit Ordinance

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On June 4, 2025, the Prince William County Board of Supervisors approved a new Affordable Dwelling Unit Ordinance that becomes effective on Dec. 1, 2025. The ordinance, adopted under the authority of Virginia Code...more

Stark & Stark

What New Jersey Landlords Need to Know About the Safe Housing Act

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As a landlord in New Jersey, you’re likely familiar with standard lease agreements, notice periods, and tenant obligations. But what happens when a tenant wants to break a lease early not due to non-payment or a job...more

Snell & Wilmer

Insurance Claims and the LA Fires

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Insurance has always been a critical backdrop in risk analysis. This is because when buying insurance, “an insured usually does not seek to realize a commercial advantage but, instead, seeks protection and security from...more

Lerch, Early & Brewer

2025 Maryland Legislative Update

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The Maryland General Assembly’s 2025 legislative session saw the introduction of over 3,200 bills, with several new and impactful laws passing that will affect community associations....more

Otten Johnson Robinson Neff + Ragonetti PC

Colorado’s HB25-1004: Banning Algorithmic Rent-Setting Vetoed by Governor Polis

In May 2025, the Colorado legislature approved House Bill 25-1004 (“HB25-1004”), titled “No Pricing Coordination Between Landlords,” a groundbreaking piece of legislation aimed at prohibiting the use of certain algorithmic...more

Stange Law Firm, PC

Is the real estate assessor’s value accurate?

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In a dissolution of marriage, the value of the marital home is often a significant issue. For some marriages, the marital home may be the most valuable marital asset. Determining the value of the marital home is crucial...more

Troutman Pepper Locke

CFPB Signals Review of Mortgage Servicing and Larger Participant Rules

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Last week, the Consumer Financial Protection Bureau (CFPB or Bureau) submitted several regulatory proposals to the Office of Management and Budget (OMB) for review. Among the rules under consideration are those related to...more

Ballard Spahr LLP

CFPB Files Rulemaking Items With Office of Management and Budget

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The CFPB recently made filings with the Office of Management and Budget (OMB) regarding the following rules...more

Moritt Hock & Hamroff LLP

MHH Condo/Co-op Digest, (June 2025)

This newsletter explores the emerging legal topics and issues affecting the condominium and cooperative services industry. Thought-leading attorneys from Moritt Hock & Hamroff’s Condominium and Cooperative Services Practice...more

Bennett Jones LLP

Annulment Clauses and Good Faith

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The Ontario Superior Court of Justice has recently reaffirmed the importance of good faith—or the lack thereof—and reasonableness in real estate transactions, particularly when disputes arise over title defects, third-party...more

Cozen O'Connor

Broad Street Brief Special Edition: Council Approves FY26 City Budget

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On the evening of Thursday, June 5, the Philadelphia City Council granted preliminary approval to several bills related to Mayor Cherelle Parker’s $6.8 billion FY26 City Budget with minimal changes to the initial proposal,...more

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