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The Internal Revenue Service (IRS) recently issued Notice 2017-4, which contains guidance for the "beginning construction" requirement for several renewable energy tax credits under the Internal Revenue Code (IRC).
A California court of appeals recently limited the use of the sham guaranty defense by guarantors seeking to prevent a lender from collecting on a guaranty in a real estate transaction. This defense prevents lenders from circumventing anti-...
New changes to Pennsylvania's mechanic's lien law go into effect December 31, 2016, creating the Pennsylvania State Construction Notice Directory, which allows for the registry and tracking of construction projects valued at over $1.5 milli...
Standard and Poor's recently announced that Real Estate would become a distinct headlining sector within the Dow Jones Global Industry Classification Standard, which bolsters the economic status of real estate investment trusts (REITs).
Voters in San Francisco recently passed Proposition W, which increases the transfer tax rate for transfers of real property valued at $5 million or more. The transfer tax increase does not affect transfers of real property under $5 million.
The Philadelphia City Council recently passed a bill imposing stricter realty transfer tax rules to prevent the use of commercial real estate deal structures that avoid or minimize the payment of real estate transfer tax to the city.
The Environmental Protection Agency recently added subsurface intrusion as an exposure pathway to the Hazard Ranking System for placement of contaminated properties on the Superfund National Priorities List.
The California Supreme Court recently held that a brokerage company owes a fiduciary duty to both the purchaser and the seller when it represents both parties in a real estate transaction, even if the parties are separately represented by d...
Los Angeles voters recently approved ballot Measure JJJ, also known as the Build Better LA Initiative. This measure creates affordable housing requirements and establishes wage and hiring requirements for projects seeking beneficial zoning ...
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