Real Estate Law News. Crime Stories, Law on News and Legal Publications in February, 2012

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When entitlement to leave lapses under EU law – a neverending story?
International Law OfficeFebruary 1, 2012

Under German law, the statutory minimum entitlement to leave is four weeks per year. However, six weeks' paid annual leave is often agreed under collective bargaining agreements or in employment contracts. For example, if an employee is unable to work ...more »

Letter: Strict gun laws make citizens safer
Knoxville News SentinelFebruary 1, 2012

If the writer is interested in facts, then he would have to admit that New York City's strict gun laws have actually kept the city's residents safer than in places with laxer regulations. New York and neighboring New Jersey have among the lowest rates ...more »

Real Estate Law News and Stories

Building Codes
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Realtor Q and A: What types of deeds are there?
The Union LeaderFebruary 4, 2012

To understand a foreclosure deed, it may help to begin with an understanding of the purpose of a real estate deed. Many people compare their deed to the title to their car. As the date of the sale of their home approaches, they look frantically in old ...more »

Industrial Development Issues
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BIO Testifies on Importance of Prompt Enactment of PDUFA V Recommendations
MarketWatch (press release)February 1, 2012

WASHINGTON, Feb 01, 2012 (BUSINESS WIRE) -- Richard Pops, Chairman and CEO of Alkermes plc, testified today on behalf of the Biotechnology Industry Organization (BIO) before the House Energy and Commerce Subcommittee on Health during a hearing entitled ...more »

Commercial Real Estate
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Realogy Completes Offering of Two Series of Senior Secured Notes
MarketWatch (press release)February 2, 2012

Realogy's brands and business units include Better Homes and Gardens(R) Real Estate, CENTURY 21(R), Coldwell Banker(R), Coldwell Banker Commercial(R), The Corcoran Group(R), ERA(R), Sotheby's International Realty(R), NRT LLC, Cartus and Title Resource ...more »

Mechanic's Liens
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3 Things To Ask Your Mechanics Lien Company
JD Supra (press release)February 2, 2012

Deciding on a mechanics lien and preliminary notice provider is an important decision. Here are three things to keep in mind when reviewing providers. ABC Supply Mechanic Liens In Pittsburgh Demonstrate Why Liens Work ABC Supply Co. is a wholesale ...more »

Mortgage Plan Aims at Refinancing
New York TimesFebruary 1, 2012

“I am sending Congress a plan that will give every responsible homeowner in America a chance to save about $3000 a year on their mortgage by refinancing at historically low rates,” he told an audience in Falls Church, Va. “No more red tape.more »

Construction Contracts & Disputes, Boundaries
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When hindsight is 20/20 in calculating construction claims
Business Valuation LawFebruary 1, 2012

The key question: when can an expert “unclasp” the rule of law to consider hindsight in determining construction damages? Complicating the issue in a recent case was the nature of damages; ie, the losses arose from contracts collateral to the broken ...more »

Reits And Limited Partnerships
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Marathon Petroleum Corporation Announces Evaluation of Strategic Alternatives ...
ReutersFebruary 1, 2012

... that it is evaluating strategic alternatives to enhance shareholder value with respect to certain of its midstream assets, including, but not limited to, the possible formation and initial public offering of a master limited partnership (MLP).more »

Construction Litigation
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VY decision could have far-reaching ramifications
Brattleboro ReformerFebruary 3, 2012

In that case, which was decided in 1983, California refused to allow the construction of a new nuclear power plant because there was no adequate plans to deal with high-level nuclear waste. The state's resource commission had ruled that a new power ...more »

Residential Real Estate
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Property disclosure ranks high among real estate legal disputes
Los Angeles TimesFebruary 5, 2012

Combining surveys of state real estate commissions and other key people in the business with a close analysis of case law and recently enacted statutes, the document identifies potential pitfalls that can ensnare anyone. Property condition disclosures ...more »

Eminent Domain
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Silverthorne trail fight takes a new twist
Summit Daily NewsFebruary 3, 2012

By Janice Kurbjun Plaintiffs in the lawsuit surrounding the latest segment of Silverthorne's Blue River Trail recpath introduced a petition Thursday to amend provisions in the town's charter relating to eminent domain. Eminent domain is a right granted ...more »

Restrictive Covenant Injunctions
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Desegregation an unsung success story
Tbo.comFebruary 6, 2012

Cities couldn't zone by race, but developers could still insert restrictive covenants into new subdivisions that prevented units from being sold to minorities. Helen C. Monchow's 1928 study of deed restrictions found that these racial caveats were ...more »

Foreclosure
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Flower Mound squatter avoids hearing, faces eviction
WFAAFebruary 7, 2012

Bank of America said it took ownership of the house in Flower Mound through a foreclosure sale in January. It says it paid more than $400000 for the home that Robinson claimed with a $16 affidavit of adverse possession. His original claim set off a ...more »

Title Litigation
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Sandra Shoupe-Gorga opens Scottsdale practice
AZ Central.comFebruary 2, 2012

By John McLean, Arizona Business Gazette | azcentral.com Sandra Shoupe-Gorga has opened a private law practice in Scottsdale. She focuses in municipal liability, employment law, tort litigation, sports law and commercial litigation.more »

Hotel Reit Practice
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New Trend on China Real Estate Finance—Analysis on Real Estate Trusts and ...
JD Supra (press release)February 6, 2012

Now the business is moving from residential projects to commercial buildings and subsidiary houses, while more are targeting listed companies, large-scale groups or regional leading developers, and in the end may bring out REITs product.more »

Zoning Regulations, Land Use
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Meanwhile, in Brooklyn ...
New York TimesFebruary 3, 2012

Given the diversity of neighborhoods in the borough, the requirements vary, but in general the zoning regulations are car-friendly. That, however, could be changing. In light of a new study of parking in the Manhattan core, city officials are planning ...more »

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