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Commercial Real Estate
The General Assembly Passes a New Law Regarding Contracts for the Sale of New Homes
On April 4, 2015, the General Assembly of Maryland passed a new law under the Maryland Home Builder Registration Act, which states that contracts for the sale of new homes must include a written commitment for a loan secured by the property unless other provisions regarding the financial contingency are expressed. If the contract shall…
Read MoreReal Estate Law: Muddled Notice Means a Longer Wait to Take Possession in Foreclosure
Landlords, tenants, and foreclosure purchasers are often confused about how long a tenant may reside at a property if the property is sold at a foreclosure sale. The answer depends on the timing of the lease, the mortgage, and the clarity of the notice provided to the tenant. Here, the construction and real estate attorneys…
Read MoreReal Estate Law: Supreme Court EPA "Compliance Orders" Open to Challenge
The U.S. Supreme Court just handed a big win to all landowners who receive a “compliance order” pursuant to the federal Clean Water Act, issued by the Environmental Protection Agency (“EPA”). The nation’s highest court held that the landowner has the right to seek immediate, emergency relief in federal court to attempt to stop the…
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