Posts tagged Elizabeth A. Whitman
Anatomy of a Real Estate Transaction–Closing Preparation

During the time between the end of the due diligence inspection period and the closing, parties to a real estate transaction prepare for the closing, but they also must be sure that unexpected developments don't derail the transaction.

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Revenue Procedure 2019-38 and the Rental Real Estate Safe Harbor under Section 199A

On September 24, 2019, the IRS issued Revenue Procedure 2019-38, which provides a safe harbor under which income from rental real estate will be qualified business income under Section 199A.

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Anatomy of a Real Estate Transaction–Due Diligence Inspection Period

Most real estate purchase contracts include a due diligence inspection period. Although there are certain inspections which every buyer should conduct, others will depend upon the age, location, and use of the property and the buyer's plans.

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Anatomy of a Real Estate Transaction–Pre-Contract Period

The pre-contract period, when the parties negotiate contract terms and may share information is the important first stage in a real estate transaction.

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Anatomy of a Real Estate Transaction – Parts of the Transaction

Real estate transactions can be broken into seven standard parts. Despite this, each transaction is as different as the parcel of real estate being purchased.

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Real Estate Wire Fraud Hiding in Plain Sight

Julian Altman stole a Stradivarius violin and "hid" it in plain sight as he performed on it for nearly 50 years. Fraud in real estate transactions also has moved out of the shadows and into plain view as fraudsters impersonate transaction parties.

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How a Laudable Historic Renovation Led to ADA Violations

From a legal perspective, renovating a historic building is not for the faint of heart. In addition to obtaining the building permits and inspections required for any construction project, renovation of a historic building may trigger additional legal requirements, including the ADA.

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