Residential Real Estate. Legal news and articles for October 30 - 31, 2011

Secure your homeHealth Care REIT, Inc. Increases 2012 Dividend RateDaniel Decker Joins Health Care REIT, Inc. Board of DirectorsStalled projects leave Miami with high-rise skeletonsCheck law on transfer feesXinyuan Real Estate Co., Ltd. to Hold Annual General Meeting of Shareholders ...Law firms announce mergerIRA Financial Group Introduces Flex Real Estate IRA product for Real Estate...Charges of favoritism tinge Indialantic property disputeBusiness peopleAt 94, there's no stopping Billy BresciaFlexing legal muscles pumps up land prices for transit projectSome condo owners face 'takeover'Now real estate sector needs reform: Vinod BehlE&O underwriters find some legal practice areas problematic

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Law firm secretary charged with embezzlement
Scranton Times-TribuneOctober 1, 2011

An investigation by Detective Barrett discovered 138 fraudulent checks, signed by her, either cashed or deposited in one of the firm's little-used real estate accounts at PNC Bank, arrest papers stated. Ms. Farino allegedly embezzled $46976.45 to cover ...more »

Vacant buildings a rising blight
Bethany Beach WaveOctober 2, 2011

The real estate market officially crashed in 2008, and experts say there's no clear end in sight. Arvi Arunachalam, an assistant professor of finance at Salisbury University, said there are two types of financial home abandonment: low income households ...more »

Residential Real Estate. News and Stories

Secure your home
Fiji TimesOctober 31, 2011

The Consumer Council of Fiji welcomes Government's latest initiative to strengthen laws and regulations governing the real estate sector. The amendments to the Real Estate Agents Act will prohibit the deep involvement of lawyers acting on behalf of ...more »

Health Care REIT, Inc. Increases 2012 Dividend Rate
FierceHealthcareOctober 31, 2011

Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is a real estate investment trust that invests across the full spectrum of senior housing and health care real estate. The company also provides an extensive array of ...more »

Daniel Decker Joins Health Care REIT, Inc. Board of Directors
MarketWatch (press release)October 31, 2011

... environmental laws affecting the company's properties; changes in rules or practices governing the company's financial reporting; and legal and operational matters, including real estate investment trust qualification and key management personnel ...more »

Stalled projects leave Miami with high-rise skeletons
MiamiHerald.comOctober 31, 2011

A few of the ghosts of Miami's real estate boom still linger above the city as grayed, abandoned towers, frozen in mid-development poses. These concrete skeletons are mired in lengthy legal battles, abandoned by vanished developers ...more »

Check law on transfer fees
Hometownlife.comOctober 31, 2011

While transfer fees have not been frequently seen here in Michigan, and particularly in residential property, they have been very popular around the country. Q: I understand that an organization called HomeSteps which is a real estate sales agent of ...more »

Xinyuan Real Estate Co., Ltd. to Hold Annual General Meeting of Shareholders ...
Sacramento BeeOctober 31, 2011

Xinyuan Real Estate Co., Ltd. ("Xinyuan") (NYSE: XIN) is a developer of large scale, high quality residential real estate projects aimed at providing middle-income consumers with a comfortable and convenient community lifestyle. ...more »

Law firms announce merger
Place North WestOctober 31, 2011

DAC Beachcroft works with clients in industry sectors including real estate, health and insurance. The new firm will have practice group and sector heads leading teams of legal experts across industry sectors. Based in Manchester, Sue Jenkins is sector ...more »

IRA Financial Group Introduces Flex Real Estate IRA product for Real Estate...
PR Web (press release)October 31, 2011

IRA Financial Group, the leading facilitator of self-directed IRAs with checkbook control, announces the launching of the Flex Real Estate IRA. The Flex Real Estate IRA solution was designed to serve as the self-directed retirement choice for real ...more »

Charges of favoritism tinge Indialantic property dispute
Florida TodayOctober 31, 2011

Lori Halbert, in front of her home in Indialantic, shows a TRIM notice stating a proposed property tax. / Tim Shortt/FLORIDA TODAY Along with his lawsuit, Brevard County Property Appraiser Jim Ford has proposed recommendations he's pushing legislators ...more »

Business people
Concord MonitorOctober 31, 2011

... DOUGLAS PATCH, energy law; EMILY GRAY RICE, legal malpractice law/defendants; GEORGE ROUSSOS, government relations practice/insurance law; RICHARD UCHIDA, real estate law/real estate litigation; and MARTHA VAN OOT, legal malpractice/law-defendants.more »

At 94, there's no stopping Billy Brescia
Columbus Ledger-EnquirerOctober 31, 2011

Leaving the service in 1945, Brescia worked part-time with his brother-in-law's real estate agency while working his way up the ranks at the textile mill, starting in the shipping department and becoming a production executive. ...more »

Flexing legal muscles pumps up land prices for transit project
Minneapolis Star TribuneOctober 31, 2011

MnDOT valued it and an adjacent piece of land needed temporarily during construction at $20900. But Peterson insisted that the construction work would depress the rental value of a sound studio in the building's basement, so he hired a lawyer. ...more »

Some condo owners face 'takeover'
Orlando SentinelOctober 30, 2011

Under Florida law, the majority ownership of a condominium — such as Karlin Real Estate in the Element's case — can dissolve the condo association and do one of two things: give owners of the remaining units a percentage share of the newly converted ...more »

Now real estate sector needs reform: Vinod Behl
Daily News & AnalysisOctober 30, 2011

Today residential property accounts for 80 percent of real estate market in terms of volume, growing at about 35 percent annually. And low-cost housing forms a predominant part of it. As much as 99 percent of the shortage of 24.71 million housing units ...more »

E&O underwriters find some legal practice areas problematic
Business InsuranceOctober 30, 2011

Law firms that specialize in real estate comprise another challenging area. This includes any firm that has been involved with credit default options and “robo-signing” of mortgage foreclosure documents, said Ms. Quarles. “What we're hearing from ...more »

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