News & Analysis as of

Purchasers Real Estate Transactions

Lasher Holzapfel Sperry & Ebberson PLLC

Residential Sellers and Purchasers Beware: One Year Limitation to File Suit Under a Residential Construction Contract Held...

This past fall, in a split 5-4 decision, the Washington Supreme Court ruled that a one-year limit to file suit under a residential construction contract was unconscionable and, as a result, void and unenforceable. Tadych v....more

Nelson Mullins Riley & Scarborough LLP

Buyer Beware: The Risk of Ignoring Known Defects in Title Cannot be Cured by “Free and Clear” Bankruptcy Sale

Envision a scenario in which you purchased a right of first refusal for a parcel of real estate. That right, as bargained for, would let you purchase the parcel if it was put up for sale by matching any competing bidder’s...more

UB Greensfelder LLP

[Webinar] Environmental Due Diligence for Real Estate Transactions - June 10th, 2:00 pm - 3:00 pm EDT

UB Greensfelder LLP on

Join Ulmer attorney David A. Meyer as he takes a deep-dive into environmental due diligence for real estate transactions, covering topics including why prospective purchasers and tenants conduct environmental due diligence,...more

Dickinson Wright

A Reminder to Purchasers of the True Cost of Not Closing – It’s not “Just the Deposit”

Dickinson Wright on

In Prowse v. Noroozi 2021 ONSC 3099 (CanLII), Justice McCarthy of the Superior Court of Justice recently granted summary judgment for $806,380.59 against a purchaser of a luxury home in King City (the “Property”) in an...more

Troutman Pepper

Requirements for Assigning and Transferring Government Leases

Troutman Pepper on

When selling a multitenant property, it is common for sellers and purchasers to enter into a basic assignment and assumption agreement to assign the seller’s interest, as landlord, in all of the leases at the property to the...more

Maynard Nexsen

Developer Control of Homeowner Associations Could Diminish in South Carolina

Maynard Nexsen on

State Committee at work; legislation pending - The South Carolina 2015-2016 Appropriation Act established the "South Carolina Committee on Homeowners Associations." Thirteen individuals, consisting of lawmakers,...more

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