Residential

  • June 04, 2024

    LA Landfill Owner Faces Suits Over Foul Fumes, Runoff

    Some 800 people near a waste dump in Los Angeles County sued its operator for damages, alleging the company is liable for a smoldering underground fire at the site — the county's second-largest landfill — that has spewed toxic gas into the air for the last year, as well as geyser-like eruptions of polluted water from the ground.

  • June 04, 2024

    CFPB Cautions Firms Against Contractual 'Fine Print Tactic'

    The Consumer Financial Protection Bureau on Tuesday warned banks and other financial services firms against trying to "trick" consumers with unenforceable waivers in their customer contracts, saying their use of certain contractual terms and conditions can open them up to supervisory or enforcement action.

  • June 04, 2024

    Property Company Must Face Ex-Manager's Race Bias Suit

    A Pennsylvania federal judge denied a real estate firm's effort to take an early win over a discrimination and retaliation suit brought by one of its Black former property managers, ruling that there are still too many open questions about the worker's treatment as she oversaw a problem-ridden Ohio apartment complex.

  • June 04, 2024

    Developer, Buyer Settle $10M Miami Condo Dispute

    A German citizen and a developer have settled their dispute over a $9.6 million deal to buy a highly customized duplex condominium unit in a new Miami high rise, according to a notice filed in Florida federal court Monday.

  • June 04, 2024

    Troutman Real Estate Ace Rejoins Morris Manning In Atlanta

    Morris Manning & Martin LLP announced Tuesday that an attorney who left the firm as an associate for Troutman Pepper Hamilton Sanders LLP a little over a year ago has rejoined the firm in Atlanta as a partner in its real estate practice.

  • June 04, 2024

    Simpson Reps Frontdoor On $585M Home Warranty Co. Buy

    Simpson Thacher is representing Frontdoor Inc. on a newly inked deal to buy fellow home warranties provider 2-10 Home Buyers Warranty, guided by Ropes & Gray, for $585 million in cash, according to a statement Tuesday.

  • June 04, 2024

    11th Circ. Affirms Nix Of IRS Easement Disclosure Guidance

    The Eleventh Circuit affirmed Tuesday that an Internal Revenue Service notice imposing reporting requirements on potentially abusive conservation easements was invalid because the agency failed to solicit the public feedback required by administrative law.

  • June 04, 2024

    Colo. Orders Disclosure Of Info On Local Property Tax Levies

    Local jurisdictions in Colorado will be required to provide certain information about their property tax levies under legislation signed into law by Democratic Gov. Jared Polis.

  • June 03, 2024

    PacifiCorp To Pay $178M To 400 Oregonians Over Fires

    PacifiCorp has agreed to pay $178 million to more than 400 Oregon residents affected by a cluster of wildfires that burned more than a million acres of land on Labor Day 2020 amid dangerously dry and windy weather conditions, the utility announced Monday.

  • June 03, 2024

    Treasury Aims To Salvage Corp. Transparency Act At 11th Circ.

    The Corporate Transparency Act is a valid exercise of congressional authority to curb money laundering under the commerce clause and the necessary and proper clause in the Constitution, the U.S. Treasury Department told the Eleventh Circuit on Monday in a bid to restore the law's reporting requirements.

  • June 03, 2024

    Corcoran Settles Nonprofit's Housing Voucher Bias Suit

    A housing rights nonprofit has agreed to drop its housing voucher bias claims against real estate company Corcoran Group, which was accused in New York state court of discriminating against prospective tenants who use federal Housing Choice vouchers.

  • June 03, 2024

    Title Insurer Says Ga. Firm Must Repay $158K For Deed Error

    A title insurance company said a Georgia law firm must reimburse it $158,000 for negligently issuing a title insurance policy on a real estate closing, telling a Georgia federal court that it is entitled to contractual and common law indemnity for its losses.

  • June 03, 2024

    'Luxury' Wasn't Part Of Mansion Deal, 3rd Circ. Told

    An attorney for a luxury home-building company asked the Third Circuit on Monday to throw out a six-figure judgment against the company for allegedly falling short on its promise to construct a high-end house for two Western Pennsylvania homeowners, arguing the customers' suit was not based on promises made in the contract but on vague marketing statements.

  • June 03, 2024

    RI Panel OKs Providence Unrestricted Property Tax Rates

    Rhode Island would allow the city of Providence to adopt a classification system that allows for unrestricted tax rates for the city's property classes under a bill moved to the Senate floor for consideration.

  • June 03, 2024

    NYC Real Estate Week In Review

    Dylan Chan Law Firm and Kevin Kerveng Tung were among the law firms that guided the largest New York City real estate deals that hit public records last week, a period that saw six transactions above the $15 million mark become public.

  • June 03, 2024

    Conn. City Settles Suits Over Fatal Rooming House Fire

    The city of New Haven, Connecticut, has settled lawsuits by the families of two tenants who died attempting to rescue others from a 2019 house fire after officials failed to inspect and vacate the two-story house where 20 people were living, the estates' attorneys have confirmed.  

  • June 03, 2024

    Quarles & Brady Adds Real Estate Atty In Naples, Fla.

    Quarles & Brady said it has added a senior counsel in its real estate practice group to its Naples office from Kilinski Van Wyk.

  • June 03, 2024

    Allen Matkins Lands 5-Atty Goodwin Real Estate Team In Calif.

    Allen Matkins Leck Gamble Mallory & Natsis LLP announced Monday that it has picked up a real estate transaction team from Goodwin Procter LLP in California with three partners, a senior counsel and an associate attorney.

  • June 03, 2024

    NYC Condo Board Blames Damages On Seyfarth Atty

    The board of managers for a condominium building in Manhattan wants more than $1 million in damages from its former Seyfarth Shaw LLP attorney, who the board argues hurt it in litigation with the owner of a building unit by presenting "frivolous" and "bad faith" arguments.

  • June 03, 2024

    Conn. To Require Interest Waivers For Some Delinquent Taxes

    Connecticut will require municipal tax collectors to waive interest on delinquent property taxes when the delinquency is determined to be due to a mistake by a tax collector or assessor and not the taxpayer's fault under a bill signed by the governor.

  • June 03, 2024

    Ohio Property Sale Price Not Timely Enough To Raise Value

    An Ohio property made up of four lots was properly valued and should not have its value increased based on a 2017 sale, because the sale was not timely, the state Board of Tax Appeals ruled.

  • June 03, 2024

    Common Co-Living Company Files For Ch. 7 Liquidation

    The co-living company Common, which aimed to modernize apartment rentals and merged with Germany's venture backed Habyt in January 2023, filed for Chapter 7 liquidation in Delaware, listing between $10 million and $50 million of liabilities.

  • June 03, 2024

    Minn. Tax Court Lowers Home Value Over Native Burial Mound

    The valuation of a lakeside parcel including a legally protected Native American burial mound must be lowered because a split of the property as envisioned by assessors would have been unlikely to gain the needed approvals, the Minnesota Tax Court said.

  • June 03, 2024

    Nursing Home Co. LaVie Hits Ch. 11 In Ga. With $1.1B Debt

    Nursing home operator LaVie Care Centers LLC hit Chapter 11 on Monday in Georgia with $1.1 billion in debt, saying it has not been able to recover from the COVID-19 pandemic.

  • May 31, 2024

    Zillow Rival Tells 9th Circ. Listing Snub Not 'Optional'

    Defunct brokerage platform REX-Real Estate Exchange Inc. urged the Ninth Circuit to revive its deceptive practices suit against Zillow, arguing a Washington federal judge wrongly let the property listing giant off the hook for relegating REX home sale listings to a secondary tab on its website.

Expert Analysis

  • Wave Of Final Rules Reflects Race Against CRA Deadline

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    The flurry of final rules now leaping off the Federal Register press — some of which will affect entire industries and millions of Americans — shows President Joe Biden's determination to protect his regulatory legacy from reversal by the next Congress, given the impending statutory look-back period under the Congressional Review Act, say attorneys at Jenner & Block.

  • A Deep Dive Into High Court's Permit Fee Ruling

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    David Robinson and Daniel Golub at Holland & Knight explore the U.S. Supreme Court's recent ruling that a local traffic impact fee charged to a California property owner may be a Fifth Amendment taking — and where it leaves localities and real estate developers.

  • The Case For Overturning Florida Foreclosure Ruling

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    A Florida appellate court's recent decision in Desbrunes v. U.S. Bank National Association will potentially put foreclosure cases across the state in jeopardy, and unless it is reconsidered, foreclosing plaintiffs will need to choose between frustrating and uncertain options in the new legal landscape, say Sara Accardi and Paige Knight at Bradley.

  • Bracing For The CFPB's War On Mortgage Fees

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    As the Consumer Financial Protection Bureau homes in on the legality of certain residential mortgage fees, the industry should consult the bureau's steady stream of consumer lending guidance for hints on its priorities, say Nanci Weissgold and Melissa Malpass at Alston & Bird.

  • DOJ Consent Orders Chart Road Map For Lending Compliance

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    Two recent consent orders issued by the U.S. Department of Justice as part of its efforts to fight mortgage lending discrimination highlight issues that pose fair lending compliance risks, and should be carefully studied by banks to avoid enforcement actions, says Memrie Fortenberry at Jones Walker.

  • Reverse Veil-Piercing Ruling Will Help Judgment Creditors

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    A New York federal court’s recent decision in Citibank v. Aralpa Holdings, finding two corporate entities liable for a judgment issued against a Mexican businessman, shows the value of reverse veil piercing as a remedy for judgment creditors to go after sophisticated debtors who squirrel away assets, says Gabe Bluestone at Omni Bridgeway.

  • Calif. Housing Overhaul May Increase Pressure On Landlords

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    Two recently enacted California laws signal new protections and legal benefits for tenants, but also elevate landlords' financial exposure at a time when they are already facing multiple other hardships, says Laya Dogmetchi at Much Shelist.

  • New Proposal Signals Sharper Enforcement Focus At CFIUS

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    Last week's proposed rule aimed at broadening the Committee on Foreign Investment in the United States' enforcement authority over foreign investments and increasing penalties for violations signals that CFIUS intends to continue expanding its aggressive monitoring of national security issues, say attorneys at Kirkland.

  • Climate Disclosure Mandates Demand A Big-Picture Approach

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    As carbon emissions disclosure requirements from the European Union, California and the U.S. Securities and Exchange Commission take effect, the best practice for companies is not targeted compliance with a given reporting regime, but rather a comprehensive approach to systems assessment and management, says David Smith at Manatt.

  • Playing Hockey Makes Me A Better Lawyer

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    Nearly a lifetime of playing hockey taught me the importance of avoiding burnout in all aspects of life, and the game ultimately ended up providing me with the balance I needed to maintain success in my legal career, says John Riccione at Taft.

  • Illinois EV Charging Act Sparks Developer Concerns

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    A recent state law in Illinois requiring multifamily housing to provide facilities for electric vehicle charging raises significant concerns for developers over existing infrastructure that isn't up to the task, says Max Kanter at Much Shelist.

  • What NAR Settlement Means For Agent Commission Rates

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    If approved, a joint settlement agreement between the National Association of Realtors and a class of home sellers will likely take the onus off home sellers to compensate buyers' agents, affecting considerations for all parties to real estate transactions, say attorneys at Jones Foster.

  • Calif. Banking Brief: All The Notable Legal Updates In Q1

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    The first quarter of the year brought the usual onslaught of new regulatory developments in California — including a crackdown on junk fees imposed by small business lenders, a big step forward for online notarizations and a ban on predatory listing agreements, says Alex Grigorians at Hanson Bridgett.