Posts tagged Whitman legal solutions
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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.

Read More
Moehrl v. NAR and Competition in the Real Estate Industry

For home sales, multiple listing services (MLS) are the main source of information about properties listed for sale. Buyers cannot access MLS completely on their own because MLS limits most access to licensed real estate brokers and agents. Although sellers can try to sell their own homes, they cannot replicate the advertising brokers can provide due to their access clients through access to MLS.

Read More
Smart Use of Smart Tech in Commercial Real Estate: Video Surveillance and Facial Recognition

Facial recognition has the potential to revolutionize commercial real estate access system and security. Yet, privacy advocates express concerns about how this technology might be used. In response, San Francisco now prohibits police from using facial recognition, and New York lawmakers have proposed a ban on facial recognition in residential buildings.

Read More
How a Swimming Pool Use Schedule Violated the Fair Housing Act

It's unfortunate when young musicians are pigeonholed into instrument selection based upon gender stereotypes. Those stereotypes eventually result in gender imbalances in professional orchestras. However, it's illegal to stereotype multifamily residents based upon gender and other attributes. Now, the Third Circuit Court of Appeals has held it violates the Fair Housing Act to establish an amenity use schedule based upon gender stereotypes.

Read More
How Allowing Smoking in Apartments Can Lead to a Fair Housing Violation

Many major cities have passed laws prohibiting smoking in public areas. Some apartment complexes have adopted smoke-free policies. But even in buildings that are not smoke-free, tenants who do not smoke may have a right under fair housing laws to a smoke-free environment.

Read More