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Are Condo Hotels Subject to SEC Regulations?
January 27, 2006
The latest real estate trend in the hospitality industry, across the country and around the world, is the "condo hotel." A condo hotel resembles, and is managed and operates as, a traditional hotel, except that certain hotel rooms are offered for sale as condominium units to individual buyers. In addition, unit owners usually have the option of placing those units in a reservation system or rental program and sharing in any associated fees. The proliferation of the condo hotel is largely the result of the benefits that condo hotels afford developers, lenders, and buyers. For a developer, the condo hotel provides the opportunity to turn a quick profit upon sale of condominiums as opposed to the incremental profits traditionally associated with the cyclical hotel industry. Lenders are also more likely to support developers as a result of the potential return on investment realized with condominium sales (even prior to construction). Finally, the condo hotel is attractive to buyers seeking a residence that includes all the amenities associated with traditional hotel stays. Condo hotel purchases and sales also raise new and unresolved legal issues, particularly whether the sale of a condo hotel unit constitutes the sale of a security requiring registration and compliance with federal securities laws.
Index
January 27, 2006
Everything contained within this issue.
Landlord & Tenant
January 27, 2006
Cases of interest to you and your practice.
Development
January 27, 2006
Recent rulings you need to know.
Real Property Law
January 27, 2006
Recent rulings for your review.
Eminent Domain Law
January 27, 2006
The latest rulings.
Cooperatives & Condominiums
January 27, 2006
All the latest cases.
Index
January 04, 2006
A complete listing of cases covered in this issue.
Real Property Law
January 04, 2006
Analysis of recent key rulings.
Landlord & Tenant
January 04, 2006
Discussion of recent cases.

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