Residential Real Estate. Legal news and articles for April 26 - 30, 2017

Small brokers worried over impact of new realty lawGrowth Is Good, And Generally LegalA Selective 'No Pets' PolicyFormer RI Real Estate Attorney, Mortgage Loan Originator Sentenced to Federal Prison for FraudLuxury Rentals Use Apps to Pique InterestBeauty institute opening first US location at AyrsleyReport: County's biggest mortgages in March included trio in Palm BeachAsk George & Chuck: Including wife in title to house requires legal adviceFlorida Coastal Closing and Escrow expands to 30ATips for Living Together Without Going NutsVirginia's new law allows localities to require registrationImplementation of new real estate law to impact project launches in short term: report23 States Considering Valuation LegislationMayer Brown Adds LA Real Estate Finance Pros From SidleyBribe Cases, a Jared Kushner Partner and Potential Conflicts

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NJ Justices Update Real Estate Contract Cancellation Rules
New Jersey Law JournalApril 3, 2017

Guerrero's attorney, Martin Liberman, said the community of real-estate lawyers had been waiting for an update to the 1983 ruling. "The law has finally changed," said Liberman, who runs a firm in Morristown. "This was a perfect case for appellate review.".more »

How to Host on Airbnb Legally
New York TimesApril 7, 2017

The New York State attorney general believes most Airbnb listings in New York are illegal. It is essential to consult a law and tax professional to help determine the liabilities of your Airbnb listing. Here are some guidelines to keep in mind before ...more »

Residential Real Estate. News and Stories

Small brokers worried over impact of new realty law
Hindu Business LineApril 30, 2017

Anuj Puri, Chairman, JLLR (a brokerage firm for residential real estate), says, “Even property brokerage houses will come under the ambit of RERA, meaning that agents or agencies operating in smaller pockets who did not hesitate to foist inferior or ...more »

Growth Is Good, And Generally Legal
Banker & TradesmanApril 30, 2017

Realogy is the largest franchisor of residential real estate brokerages in the world, according to the company's 2016 annual filing with the Securities and Exchange Commission (SEC). It's a $5.81 billion company that owns multiple real estate agency ...more »

A Selective 'No Pets' Policy
New York TimesApril 29, 2017

A. Under New York City rules, if a tenant has openly owned a pet for three months and the landlord or management knew about it or should have known about it, the landlord waives the right to evict the pooch or the tenant. Assuming your Chihuahua has ...more »

Former RI Real Estate Attorney, Mortgage Loan Originator Sentenced to Federal Prison for Fraud
GoLocalProvApril 28, 2017

Former real estate attorney Louis Marandola, 42, of Providence and former licensed loan originator Brian McCaffrey, 38, of Warwick, have been sentenced to 48 and 18 months in federal prison respectively, followed by 3 years supervised release for their ...more »

Luxury Rentals Use Apps to Pique Interest
New York TimesApril 28, 2017

App developers see an opportunity. Francesca Loftus is a creator of hOM, an app used by a number of developers, including Rose, AvalonBay, Brookfield and Kushner Real Estate, the company inherited by Jared Kushner, President Trump's son-in-law.more »

Beauty institute opening first US location at Ayrsley
South Charlotte WeeklyApril 28, 2017

The first webinar takes place April 27, focusing on “Divorce & Your Business.” Future topics will include prenuptial and postnuptial agreements; what to expect when starting down the path to divorce; co-parenting and custody agreements; and how to have ...more »

Report: County's biggest mortgages in March included trio in Palm Beach
Palm Beach Daily NewsApril 28, 2017

Rabideau Law 's “Million Dollar Mortgage Brief” is always a good read for those keeping an eye on pricey property in Palm Beach County – and the amount of money said pricey property can generate in loans. Compiled from public records by Palm Beach ...more »

Ask George & Chuck: Including wife in title to house requires legal advice
Laredo Morning TimesApril 28, 2017

If you wish to obtain legal advice, you should consult your own attorney. George Stephens is the broker of Stephens Properties. Charles J. Jacobus, J.D. is board certified by the Texas Board of Legal Specialization in residential and commercial real ...more »

Florida Coastal Closing and Escrow expands to 30A
Walton SunApril 28, 2017

“It's a beautiful location with a great customer base, and we have a lot of experience to bring,” said real estate attorney Keith Carroll, who splits his time between Florida Coastal Closing and the law firm of Denise Hallmon Rowan and Associates, P.A ...more »

Tips for Living Together Without Going Nuts
New York TimesApril 28, 2017

Informal agreements can backfire. Legal documentation is best. If buying a house, consider how you will divide mortgage, property tax, maintenance, homeowner association fees and insurance payments. Decide how, and under what conditions, the house ...more »

Virginia's new law allows localities to require registration
Virginia Business MagazineApril 28, 2017

It's reaffirming that the localities have the authority to regulate real estate,” says Julia Ciarlo Hammond, a lawyer with Eckert Seamans in Richmond and the lead lobbyist for the legislation. One benefit, she added, could be that “by registering with ...more »

Implementation of new real estate law to impact project launches in short term: report
LivemintApril 27, 2017

Despite the short term impacts of demonetisation and the new real estate law which will come into effect from May 1, there is a growing interest from large sovereign and foreign institutional funds as they expect the regulatory reforms would bring ...more »

23 States Considering Valuation Legislation
JD Supra (press release)April 27, 2017

Florida SB 716/HB 927 which makes changes to the state's AMC law and would allow appraisers to perform evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines and allow the Florida Real Estate Appraiser Board to consider the ...more »

Mayer Brown Adds LA Real Estate Finance Pros From Sidley
Law360 (subscription)April 26, 2017

Law360, Los Angeles (April 26, 2017, 4:58 PM EDT) -- Mayer Brown LLP on Tuesday deepened its Los Angeles real estate bench with the hiring of former Sidley Austin LLP partners M. Scott Cooper and Daniel Liffmann, who bring a combined 50 years of ...more »

Bribe Cases, a Jared Kushner Partner and Potential Conflicts
New York TimesApril 26, 2017

Although Mr. Kushner resigned in January from his chief executive role at Kushner Companies, he remains the beneficiary of trusts that own the sprawling real estate business. The firm has taken part in roughly $7 billion in acquisitions over the last ...more »

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