Residential

  • March 28, 2024

    Flood Risk Disclosure Law Uptick Offers Insurance Upsides

    A growing trend of states adopting and implementing flood risk disclosure laws must continue, experts say, touting such laws as protecting consumers and informing efforts to mitigate climate change costs through insurance and other risk management efforts.

  • March 28, 2024

    Texas Airbnb Host Says Suit Over Fatal Blast In Wrong Venue

    The Texas owner of an Airbnb rental unit in Jamaica where a gas stove exploded, causing fatal injuries to a Connecticut woman, says she cannot be sued where the victim lived, arguing that she never targeted the online listing for the property to anyone in Connecticut and that the federal court there lacks jurisdiction over her as a resident of Texas.

  • March 28, 2024

    Spokeo Accused Of Flouting NJ Judicial Protection Law

    Spokeo Inc., the people search database provider, violated New Jersey state law by not removing information about law enforcement personnel from its database after requests were filed, a data privacy company contends in a lawsuit.

  • March 28, 2024

    Investors Strike $42.5M Deal In Brookfield-GGP Merger Suit

    Brookfield Property Partners LP has reached a tentative $42.5 million deal to bring an end to a yearslong battle with stockholders who alleged they were given misleading information about the global real estate company's 2018 acquisition of U.S. mall operator GGP Inc.

  • March 28, 2024

    Va. Landowners Return To Supreme Court In FERC Challenge

    Virginia residents with property being condemned for the Mountain Valley Pipeline are asking the U.S. Supreme Court to review a D.C. Circuit decision dismissing their suit challenging the constitutionality of the Federal Energy Regulatory Commission's eminent domain authority, and its ability to delegate that authority to private companies.

  • March 28, 2024

    Ore. To Give Tax Break For Wildfire Settlement Payouts

    Oregon victims of wildfires who receive funds in civil actions will not owe income tax on those payments under legislation signed into law by the governor.

  • March 27, 2024

    5th Circ. Reissues Arb. Decision In Hurricane Damage Case

    The Fifth Circuit has reissued its opinion allowing a group of domestic insurers to force arbitration of a dispute over coverage for hurricane damage under an international arbitration clause after the insurers argued that the unanimous decision applied circuit precedent in a new context.

  • March 27, 2024

    Vrbo Host Is Breaking Zoning Regs, Conn. High Court Told

    Some justices of the Connecticut Supreme Court signaled on Wednesday that a lower court may have failed to provide a workable definition of the word "residence" when deciding that a Branford-based zoning board's regulations allowed short-term rentals through services like Vrbo and Airbnb.

  • March 27, 2024

    NYC Mayor Says City Laws Can't Expand Housing Vouchers

    New York City Mayor Eric Adams has urged a state court to rule against a proposed class that wants the court to enforce a set of local laws aiming to expand a housing voucher program, saying those measures conflict with state law.

  • March 27, 2024

    Zaxby's Co-Founder's $43M Easement Fight Headed For Trial

    A trial will be needed to determine whether a co-founder of the Zaxby's restaurant chain and his wife are entitled to a $43.3 million tax refund for donations of conservation easements, a Georgia federal judge ruled Wednesday, saying the value of the easements remains in dispute.

  • March 27, 2024

    4th Circ. Overturns Fraud Ruling In Suit Over $4.5M Home Buy

    The Fourth Circuit on Wednesday revived fraud claims brought by the buyers of a $4.5 million Virginia home who accuse the seller of lying about licenses and permits for improvements to lure them into the purchase, with the panel concluding a federal district court flubbed decisions on the claims.

  • March 27, 2024

    Minn. Justices Uphold Tax Break For Housing Charity

    A Minnesota charity is entitled to a property tax exemption for its low-income housing development, the state Supreme Court ruled Wednesday, finding that the property is operated by the organization in line with its charitable purpose.

  • March 27, 2024

    Kan. House Passes Tax Rate Cuts, Early End To Food Tax

    Kansas would change its income tax structure, lower its bank tax, exempt food from state sales tax and issue property tax relief under a bill passed Wednesday by the state House of Representatives.

  • March 27, 2024

    Detroit Claims Feds' Headcount Skewed By Demolitions

    The federal government is underestimating Detroit's population as it penalizes the city for demolishing abandoned homes and ignores the rehabilitation of vacant homes, causing the city to lose out on federal funds tied to population, Detroit said in a lawsuit filed Tuesday.

  • March 27, 2024

    CoreLogic Sued For Violating NJ Judicial Protections Law

    A proposed class action removed to New Jersey federal court on Tuesday accuses property data company CoreLogic of failing to comply with a state law requiring it to delete records of certain public officials, including judges and law enforcement officials.

  • March 27, 2024

    11th Circ. Affirms Experian's Win In Credit Reporting Suit

    The Eleventh Circuit has determined a district court didn't err in evidentiary rulings in a case brought by a Florida resident against Experian Information Solutions Inc. alleging it inaccurately reported a discharged mortgage in his credit history, upholding a verdict in favor of the company.

  • March 27, 2024

    Disney Affordable Housing Complex Teed Up For State Review

    Disney's proposal to build a 1,410-unit affordable housing complex in Orange County, Florida, is headed to the state for approval after a county Board of Commissioners vote that followed on the heels of residents' divided testimony.

  • March 27, 2024

    Yardi Says Interest Rates Are Slowing Self-Storage Demand

    Real estate software company Yardi said tough market conditions and high interest rates are showing signs of slowing deal volume and construction for self-storage projects, although an improvement in the housing market could bring fresh demand.

  • March 27, 2024

    Real Estate Exec Asks To Toss Shareholder's Self-Dealing Suit

    The president of a real estate management and investment firm asked a California federal court to toss a derivative shareholder suit accusing him of misusing nearly $35 million of company revenue in various ways, including hiring a business he owned with his mistress.

  • March 27, 2024

    Legal Patchwork On Foreign Land Ownership Stirs Confusion

    In the last year and a half, 39 states have taken action to restrict foreign entities and people from owning various forms of real estate. Some lawyers say the patchwork of new legislation has created a quagmire of confusion, chaos and uncertainty for investors, particularly private equity funds with large pools of backers.

  • March 27, 2024

    Developers Get Creative With Adaptive Reuse In South Florida

    South Florida residents may not be expecting to attend a doctor's appointment in a shuttered movie theater, play pickleball in a former warehouse or move into an apartment building in a shopping center's parking lot, but creative redevelopment projects like these are catching on in the region.

  • March 27, 2024

    Extreme Heat Presents Extreme Threat To Real Estate

    Extreme heat and the growing body of risks created by climate change are becoming prominent factors in real estate deals, according to Urban Land Institute urban resilience vice president Lindsay Brugger.

  • March 26, 2024

    Meridian Capital Taps Former Top Regulator As New CEO

    Meridian Capital Group announced Tuesday that it has appointed top banking executive and former financial regulator Brian Brooks as its CEO and chairman amid a breakdown in the firm's relationship with Freddie Mac.

  • March 26, 2024

    Pilot HOA Tells Justices Rail Easement Clouds Airstrip Access

    An Alaska homeowners association made up largely of pilots has asked the U.S. Supreme Court to review a Ninth Circuit ruling granting a railroad full control of an easement jutting into an airstrip used by residents of a surrounding subdivision.

  • March 26, 2024

    Essex Buys Out West Coast Apartment JV Partner For $505M

    Essex Property Trust Inc. announced that it will purchase a joint venture partner's stake in an apartment property portfolio that includes four properties along the West Coast for $505 million, according to a statement from the company.

Expert Analysis

  • FCRA Legislation To Watch For The Remainder Of 2023

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    If enacted, pending federal and state legislation may result in significant changes for the Fair Credit Reporting Act landscape and thus require regulated entities and practitioners to pivot their compliance strategies, say attorneys at Troutman Pepper.

  • Regulators Must Get Creative To Keep Groundwater Flowing

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    Even as populations have boomed in Sun Belt states like Arizona, California and Texas, groundwater levels have diminished due to drought and overuse — so regulators must explore options including pumping limits, groundwater replenishment and wastewater reuse to ensure future supplies for residential and commercial needs, says Jeffrey Davis at Integral Consulting.

  • Law Firm Professional Development Steps To Thrive In AI Era

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    As generative artificial intelligence tools rapidly evolve, professional development leaders are instrumental in preparing law firms for the paradigm shifts ahead, and should consider three strategies to help empower legal talent with the skills required to succeed in an increasingly complex technological landscape, say Steve Gluckman and Anusia Gillespie at SkillBurst Interactive.

  • What Upholding Of Short-Term Rental Law Means For NYC

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    A New York state judge's dismissal of Airbnb's challenge against the Short-Term Rental Registration Law will benefit the city's hospitality industry and exert downward pressure on apartment rents, and potentially provide a model for other local governments around the U.S. to curb short-term apartment rentals, says Alexander Lycoyannis at Holland & Knight.

  • Key Provisions In Florida's New Insurer Accountability Act

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    Florida's recent bipartisan Insurer Accountability Act introduces a range of new obligations for insurance companies and regulatory bodies to strengthen consumer protection, and other states may follow suit should it prove successful at ensuring a reliable insurance market, say Jan Larson and Benjamin Malings at Jenner & Block.

  • Fair Lending Activity: Calm On The Surface, Churning Below

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    The Consumer Financial Protection Bureau's recently released annual fair lending report to Congress confirms that despite the paucity of public fair lending enforcement actions in 2022, the CFPB and prudential banking agencies are engaged in significant nonpublic oversight, examination and enforcement activities, say attorneys at Cooley.

  • The Basics Of Being A Knowledge Management Attorney

    Excerpt from Practical Guidance
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    Michael Lehet at Ogletree Deakins discusses the role of knowledge management attorneys at law firms, the common tasks they perform and practical tips for lawyers who may be considering becoming one.

  • To Hire And Keep Top Talent, Think Beyond Compensation

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    Firms seeking to appeal to sophisticated clients and top-level partners should promote mentorship, ensure that attorneys from diverse backgrounds feel valued, and clarify policies about at-home work, says Patrick Moya at Quaero Group.

  • Negotiating Material Escalation In Construction Contracts

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    As material price escalation clauses have remained popular in construction contracts despite an easing of recent supply chain issues, attorneys representing owners should understand key considerations for negotiating such clauses, and strategies to mitigate potential exploitation by contractors, says H. Arthur Black II at Brooks Pierce.

  • Identifying Trends And Tips In Litigation Financing Disclosure

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    Growing interest and controversy in litigation financing raise several salient concerns, but exploring recent compelled disclosure trends from courts around the country can help practitioners further their clients' interests, say Sean Callagy and Samuel Sokolsky at Arnold & Porter.

  • Key Drivers Behind Widespread Adoption Of NAV Financing

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    While net asset value-based lending has existed for years, NAV lending has only started to move into the mainstream recently — likely due to difficult market conditions faced by sponsors including persistent inflation, high interest rates and a lack of exit opportunities, say Matthew Kerfoot and Jinyoung Joo at Proskauer.

  • The Pop Culture Docket: Judge Elrod On 'Jury Duty'

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    Though the mockumentary series “Jury Duty” features purposely outrageous characters, it offers a solemn lesson about the simple but brilliant design of the right to trial by jury, with an unwitting protagonist who even John Adams may have welcomed as an impartial foreperson, says Fifth Circuit Judge Jennifer Elrod.

  • Beware Unique Compliance Risks In Home Equity Lending

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    As borrowers increasingly look to junior-lien mortgages and home equity lines of credit instead of first-lien mortgages, regulators will pay increased attention in turn and lenders will have to watch for a number of legal and regulatory pitfalls as they rush to meet this newfound demand, say attorneys at Orrick.