IS YOUR PROPERTY TAX EXEMPT? DON’T BET ON IT
5/16/2022 | Articles & Alerts, News & Resources
Pennsylvania may be at the forefront of a national trend that has seen local governments remove or modify the favorable property tax treatment for nonprofits, particularly hospitals and universities. Municipalities and school districts are always on the hunt for additional tax revenue, and successfully challenging an exemption is one way to achieve that goal. Exemption law is rooted in the Pennsylvania Constitution, which permits the exemption of “institutions of purely public charity,” Pa. Const. Art. VIII, §2(a)(v). However, there is […]
Related Practices:
Real Estate Transactional
WAS 2021 GOOD OR BAD? YOUR PERCEPTION MAY BE THE REALITY
5/16/2022 | Articles & Alerts, News & Resources
“Move along, nothing to see here.” Officer Barbrady from South Park. Commentaries like this one, i.e., a retrospective of 2021, are often ubiquitous and contrarian. The particulars are dependent upon one’s point of view. For example, a pessimist will point to the next COVID variant, inflation, labor shortages, supply chain catastrophes, the imminent invasions of the Ukraine and Taiwan, and the seemingly interminable wait for the next episode of Ted Lasso. The optimist will cite the ever-burgeoning real estate market, […]
MidAtlantic Real Estate Journal – The BEST ATTORNEY of 2020
5/16/2022 | Articles & Alerts, News & Resources
Number of Attorney’s in your office: 33 Type of field Attorney specializes in: Real Estate Transactions and Litigation, and Land Use This attorney represents property owners and builders in all aspects of sophisticated transactions, including the preparation of acquisition, sale and financing documents, land use approvals and if necessary, eminent domain and tax appeal litigation. This attorney is an adjunct Professor of Law at the Temple University Beasley School of Law and holds leadership positions in the National Association of […]
TRYING TO PREDICT THE FUTURE REAL ESTATE IN THE NEW NORMAL
5/16/2022 | Articles & Alerts, News & Resources
Casey Stengel once said, “never make predictions, especially about the future.” I will temporarily ignore that wisdom. Nonetheless, the predictions that follow are pure speculation. The future of commercial real estate, at least for the remainder of 2020, may depend upon whether you consider your glass to be half empty or half full. If you are a “glass half empty” person, you will embrace the inevitable conclusion that the economy is already in a recession. As a result, […]
Related Practices:
Real Estate Transactional
Title Insurance is the Only Kind…..
5/16/2022 | Articles & Alerts, News & Resources
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 insuror can’t extend […]
Related Practices:
Business and Corporate Law, Commercial Litigation