Features
The Tax Cuts and Jobs Act and How It Affects Real Estate
<b><i>Part Two of a Two-Part Article</b></i><p>Part One of this article discussed changes affecting real estate including the pass-through business deduction adopted in new §199A of the Tax Act. Part Two expands upon the workings of the pass-through business deduction (pass-through deduction).
Features
Tenant Liability CERCLA Changes Under 2018 BUILD Act
One of the significant updates to the law is that now, a tenant at an industrial or manufacturing site can, under appropriate circumstances, claim the “bona fide prospective purchaser” defense to Superfund liability and escape strict, joint, and several owner/operator liabilities when leasing previously-contaminated property.
Columns & Departments
Case Notes
Lease Assignee Can Make Claim that Appears to Concern Only Property's Owners
Features
Thinking Outside of the Big-Box: Understanding License Agreements
One critical component to the successful evolution of a shopping center is creating a stronger connection with community through attractions, events and promotions that bring a fresh vibrancy to the centers. These specialty relationships and other short-term relationships are generally memorialized in a license agreement rather than a traditional lease.
Features
The Comprehensive Plan Requirement
Does a local law requiring site plan review satisfy the statutory requirement when a town (or village) has enacted neither a formal comprehensive plan for a zoning ordinance?
Features
The Tax Cuts and Jobs Act — How It Affects Real Estate
<b><i>Part One of a Two-Part Article</b></i><p>The Tax Act is the most sweeping change to the U.S. federal income tax laws since 1986. This and future articles discuss the individual tax and business tax provisions that affect real estate investment and investors in real estate.
Columns & Departments
Development
Developer Had No Vested Right to Subdivision<br>TDR Provision Not Adequately Referred to County Planning Board
Columns & Departments
Landlord & Tenant
Vacancy Increase Counts in Determining Rent Deregulation Threshold<br>LINC Program Violates Urstadt Law<br>Fraud Justifies Rent Overcharge Award<br>Fair Housing Act Claim Not Barred By Statute of Limitations
Features
Trump Administration Bars SBA Loans to Cannabis Industry Support Businesses
The U.S. Small Business Administration updated its standard operating procedures to prohibit providing loans to both marijuana- and hemp-related businesses and businesses deriving any gross revenue from sales to marijuana-related businesses (MRBs) including those providing lighting, hydroponic equipment or testing services.
Columns & Departments
Real Property Law
Contract Satisfies Statute of Frauds<br>Contract Vendee Failed to Perform<br>Questions of Fact Preclude Dismissal of Constructive Trust Claim<br>Questions of Fact About Scope of Mortgage
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