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CITIES BEGIN TO IMPOSE STRICTER REGULATIONS ON LANDLORDS -THE POTENTIAL IMPACT ON PRIVATE PROPERTY RIGHTS

2/24/2020 | Articles & Alerts

San Francisco and New York City have recently sought to impose tighter regulatory controls on multi-family landlords. These controls will likely cause landlords to incur unforeseen additional costs that will impact the economic value of their investment. The question is whether courts will allow constitutionally protected property rights and investment-backed expectations to be eroded by such regulation. Today, many landlords will not remember when Philadelphia had its own form of rent control, principally because it was struck down by the […]

PROTECTING REDEVELOPMENT OPPORTUNITIES IN RETAIL LEASES

2/24/2020 | Articles & Alerts

National retail tenants normally desire that the site plan of the shopping center not change from what is initially attached as an exhibit to the lease, and that the height of the other buildings not exceed one story in height (and sometime not exceed the height of their premises); however, such a provision will severely limit the ability to reconfigure the shopping center to maintain, keep and create value in the event of future vacancies. In recent years, landlords have […]

Yes, YOU Need Title Insurance

2/24/2020 | Articles & Alerts

Title insurance is the only kind of insurance coverage where – if the closing is done properly – the incidence of valid claims can be reduced to almost zero. It’s also inexpensive, and should be part of every real estate sale. Your homeowner’s carrier can’t make you less clumsy, or your all-wood house less flammable. Your automobile carrier can’t make you a better driver (though those plug-in gadgets that monitor your driving habits try to). Your life insurer can’t extend […]