Toxic Owner? HOA Remedies

Does your community have at least one Owner who exhibits consistently toxic behavior? For purposes of this article “toxic” means aggressive, abusive, annoying behavior exhibited towards Board Members and/or other homeowners within a community.  While there are...

Entitlements During Covid-19

lENTITLEMENTS DURING COVID-19By Kursten Canada, Garfield & Hecht Critical components of a real estate project are land use and development approvals, otherwise known as “entitlements.” Financial markets are in flux and many governmental agencies are operating a...

Beware of the ‘ROFR’

Right of First Refusal What is a “ROFR”?  The acronym stands for “Right of First Refusal.”  It is an option to purchase real property exercisable by the holder of the ROFR upon an offer to purchase a property made to a Seller by a third party that Seller is...

Foreign Sellers Take Note: FIRPTA Rate Increase

Effective for all dispositions on and after February 16, 2016:  Recent changes to the Foreign Investment in Real Property Tax Act (FIRPTA) have increased the withholding tax rate on the sale of a U.S. real property interest from 10% across the board to the...