News & Analysis as of

Real Estate Market Licensing Rules

Pierce Atwood LLP

Regulations Alert ! Rhode Island Contractors, Home Inspectors, & More

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On December 19, 2019, the Rhode Island Contractors Registration and Licensing Board’s (“CRLB”) revised regulations for contractors and new regulations home inspectors, well drillers/pump installers/water-filtration...more

Allen Matkins

Ulysses And Unlicensed Businesses

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In the Cyclops chapter of James Joyce's Ulysses, the narrator explains to one Joe Hynes that he is now working as a debt collector, albeit without great success...more

Pullman & Comley, LLC

Property Tax and Valuation Topics - Summer 2019

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Approximately 20% of Connecticut’s 169 municipalities usually conduct general revaluations every five years as required by law. Due to a quirk in the schedule, 2019 revaluations will be conducted by only 14 communities. While...more

Gray Reed

Ohio Land Professionals Saved by the Legislature … Kind Of

Gray Reed on

At least some landmen are once again free to be landmen in Ohio. You will recall that in Dundics v. Eric Petroleum the Ohio Supreme Court declared that the Ohio Real Estate Broker statute prohibited land professionals from...more

Bricker Graydon LLP

Court distinguishes oil and gas land professionals from real estate agents/brokers

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On December 19, S.B. 263 was signed into law by Governor Kasich, establishing the concept of an “oil and gas professional.”...more

Hogan Lovells

Holy HMOly

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Properties that qualify as Houses in Multiple Occupation (HMOs) have long presented a potential headache for unwary landlords, but from the start of this month the headache got bigger. ...more

Ballard Spahr LLP

Texas Adds Residential MLO Pre-Licensing Education Expiration Period

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The Texas Finance Commission of Texas adopted a new provision requiring the following individuals to retake the 20 hours of pre-licensing education as required by the S.A.F.E. Mortgage Licensing Act:...more

Ballard Spahr LLP

California Makes Changes to the Finance Lenders Law

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Recently, several changes were made to the California Finance Lenders Law with various effective dates. Effective immediately, the California Finance Lenders Law has been renamed the "California Financing Law."...more

Holland & Knight LLP

West Coast Real Estate Update: October 2016 #2

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California Legislature Revises De Minimis Exemption of Finance Lenders Law - Real estate projects that utilize federal New Markets Tax Credit (NMTC) financing recently received a reprieve from a state licensing...more

Ballard Spahr LLP

NMLS Release 2016.1.2 Targeted for May 2, 2016

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NMLS Release 2016.1.2 Targeted for May 2, 2016 - NMLS Release 2016.1.2 is targeted for delivery on May 2, 2016. The release contains general enhancements and system maintenance updates. For example, the MU2 section of...more

Ballard Spahr LLP

NMLS MCR Enhancements

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NMLS MCR Enhancements - Changes have been made to the NMLS Mortgage Call Report (MCR) which have been reflected as of April 1, 2016. The changes will affect the Residential Mortgage Loan Activity (RMLA) and the...more

King & Spalding

New Abu Dhabi Real Estate Law - Abu Dhabi Law No 3 of 2015 Concerning the Regulation of the Real Estate Sector in the Emirate of...

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The long-awaited real estate law aimed at regulating the real estate industry in the Emirate of Abu Dhabi has been released amid much enthusiasm with industry participants hoping it will give impetus to the real estate...more

Ballard Spahr LLP

Connecticut Adds New Licenses to NMLS

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The Nationwide Mortgage Licensing System (NMLS) is now accepting new applications and transition filings for new industry licenses for the Connecticut Department of Banking (Department). The Department is requiring companies...more

Ballard Spahr LLP

Texas Adds Exemptions to Texas SAFE Act Licensing Requirements

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Texas has amended its provisions relating to exemptions from the applicability of the Texas SAFE Act for certain nonprofit organizations and their residential mortgage loan originators (MLOs). Under the amendment, a nonprofit...more

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