Insights
Ohio Real Estate Law
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February 8, 2016
New Survey Standards Take Effect On February 23, 2016
New ALTA/NSPS (fka AlTA/ACSM) standards were adopted and take effect on this month on February 23rd. The new survey standards replace ALTA/ACSM standards
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February 1, 2016
Bankruptcy Sale of Thistledown Racetrack Held not an “Arms-Length” Transaction
the Board of Education of Warrensville Heights City School District (“Board of Education”) appealed from a decision of the Board of Tax Appeals (“BTA”) finding …
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January 25, 2016
Real Estate Law 101: Open-End Mortgages
An open-end mortgage remains open after it has been delivered to the county recorder, and it permits the lender to make advances on the loan.
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January 18, 2016
Tax Relief Extension Act of 2015
Putting valuable tax dollars back into the pockets of U.S. businesses for job creation and growth.The new law makes some temporary tax provisions
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January 11, 2016
Broker Open Houses — An Ounce of Prevention Is Worth a Pound of Cure
duty of care owed by real estate brokers/agents and the expensive consequences that result when communication between a real estate agent and a homeowner is imp…
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December 21, 2015
Human v Machine-Handwritten vs. Word-Processed Assignment Provision Rules
If the parties truly intended that assignment of partial lease rights vs. the entire lease was permissible, without notice or consent to the landowner-landlord,…
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December 14, 2015
Updates Regarding the NEORSD’s Stormwater Management Program and Fees
NEORSD has been posting updated information on their web site to respond to questions it receives about the stormwater program restart, fees, credits, cost
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December 7, 2015
Don’t Stop Reading the Lease at the Signature Page
Many stop reading at the signature page of a lengthy lease, ignoring the numerous exhibits, definitions, work letters, rules and regulations
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November 30, 2015
Casualty and Condemnation Provisions in Loan Agreements
Every mortgage loan agreement contains provisions that address casualty and condemnation (i.e., eminent domain) affecting the property.
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November 23, 2015
When in Doubt, Take the Notary Route-(Don’t be Left at the Alter with an Unenforceable Commercial Lease)
Notarization, when not required will result in “no harm, no foul”. On the other hand, odds are that failing to notarize when required will cause
