Regulators Reassure Lawmakers That Banks’ CRE Distress Has Not Hit a Tipping Point (via CoStar.com): http://bit.ly/h3956wWith shoppers returning to the malls, retail expansion plans have kicked in to higher gear (via CoStar.com): http://bit.ly/eDvd1YState attorneys general are trying to change the …
Last week, the Financial Accounting Standards Board – the organization responsible for promulgating the set of accounting standards known as the “Generally Accepted Accounting Practices”, or GAAP — and its Europe-based sister group, the International Accounting Standards Board, met jointly …
A Summary of the Proposed FASB Rule Change for Lease Reporting Read more »
The “Don’t Tread On Me” flag caused a huge flap between a homeowner and his Home Owner’s Association. The homeowner felt he had the right to fly it, but the HOA said according to its rules, he did not have …
State attorneys general and federal agencies have given major banks a 27-page proposal to settle part of a massive federal and state investigation in shoddy foreclosure practices (via WashingtonPost.com): http://wapo.st/gcOvoxAllen Iverson, a former National Basketball Association most valuable player and …
In today’s real estate market, there are many ways in which a sale can be structured. Below are summaries of the most common real estate transaction structures and the legal and tax ramifications of each. Outright Sale The most common …
Legal and Tax Implications of Real Estate Transactions Read more »
Limited liability companies, or “LLCs” for short, have become the predominant form of liability limiting entity for a variety of situations. The LLC is a relatively new business structure authorized by state statute. The LLC is chiefly inspired by the …
Planning Techniques with Limited Liability Companies Read more »
While my “hereditaments” segment is going to be a hard one to top, in this month’s Legal Minute segments I hit some basic info on legal descriptions and then spend the rest of the month talking taxes:Legal Descriptions (March 5, 2011)Tax Consequences …
Real Estate Radio Hour Legal Minute – March 2011 Read more »
Two international accounting authorities appear to be moving to scale down proposed new standards that would require landlords and tenants to account for real estate and equipment leases as assets or liabilities on their balance sheets (via costar.com): http://bit.ly/ftIO9aRepublicans in …
The headlines were overflowing with real estate news today on all fronts. Here’s the best of the best:The delinquency rate for commercial mortgage-backed securities reached record levels in February, as commercial real-estate deals made in the market’s peak continue to …
Bank of America Corp., Citigroup Inc. and PNC Financial Services Group Inc. may face added costs or fines after investigators questioned the use of MERS’ mortgage database instead of original documents to justify foreclosures (via Businessweek.com): http://buswk.co/eS3Q9dThe White House on …