Real Estate Law News and Insights

U.S. Supreme Court Will Clarify The Constitutionality Of Legislatively-Authorized Land Use Exaction

Published: Oct 11, 2023
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The United States Supreme Court granted certiorari on September 29, 2023 in Sheetz v. County of El Dorado, a case that challenges the County of El Dorado's requirement that a property owner pay a Traffic Impact Mitigation Fee (TIM) as a condition to a development permit. By taking the case under...

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Renting vs. Buying In Today’s Home Market

Published: Oct 05, 2023
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According to the Census Bureau, the U.S. homeownership rate has consistently hovered around 66% for some time, but this does not mean purchasing a home—rather than renting—is the right choice for everyone. The decision to rent or buy is one that can cause heated debates, and while the American Dream...

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Changing Succession Rights Is A Tricky Puzzle For Co-Op Boards

Published: Sep 25, 2023
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Tricky succession issues are cropping up in many co-ops when it comes to who can inherit apartments when a shareholder dies. Old, and often outdated, proprietary leases stipulate that upon the death of a shareholder, his or her cooperative shares and accompanying proprietary lease may be transferred to a surviving spouse without the consent of the cooperative board....

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