Rent control continues to be headline news, with local legislation being enacted and national legislation being proposed. The rent control law in Prince George’s County was enacted yesterday and it appears that the rent...more
7/18/2024
/ Housing Market ,
Landlords ,
Local Ordinance ,
Multi-Family Development ,
New Regulations ,
Rent ,
Rent Control ,
Rental Property ,
Residential Leases ,
Right of First Refusal ,
State and Local Government ,
Tenants
Rent control laws continue to evolve in Montgomery and Prince George’s Counties. The rent control law enacted last year in Montgomery County will become effective once regulations are adopted. Our recent Alert discussed these...more
7/16/2024
/ Deed of Trust ,
Housing Market ,
Landlords ,
Leases ,
Proposed Regulation ,
Regulatory Agenda ,
Rent ,
Rent Control ,
Rental Property ,
Right of First Refusal ,
State and Local Government ,
Tenants
There have been a number of new regulatory developments since our prior Alert, including updates on Prince George’s County rent control, Montgomery County tenant protections, Montgomery County Right of First Refusal (ROFR)...more
4/8/2024
/ Construction Industry ,
Housing Market ,
Landlords ,
LIHTC ,
Multi-Family Development ,
Real Estate Development ,
Rent ,
Rent Control ,
Rental Property ,
Right of First Refusal ,
State and Local Government ,
Tax Abatement ,
Tenants
Our recent Alert focused on the D.C. Housing in Downtown program, the Montgomery County Right of First Refusal legislation, rent control in Montgomery and Prince George’s Counties, the SCOTUS rent control challenge denial,...more
3/13/2024
/ BEPS ,
Housing Market ,
Landlords ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rental Property ,
Residential Leases ,
Right of First Refusal ,
State and Local Government ,
Tenants
Our recent Alert included details and updates on new Montgomery County rent control regulations, an expanded right of first refusal (ROFR) process, and our related advocacy efforts....more
2/23/2024
/ Housing Market ,
Landlords ,
Multi-Family Development ,
Proposed Regulation ,
Regulatory Agenda ,
Rent ,
Rent Control ,
Rental Property ,
Right of First Refusal ,
SCOTUS ,
State and Local Government ,
Tax Abatement ,
Tenants
Regulation of the multifamily industry appears to be continuing. Our most recent Alert discussed Maryland Governor Moore’s proposals for the Renters Rights and Housing Stabilization Act of 2024; rent control updates; our Rent...more
2/5/2024
/ Landlords ,
LIHTC ,
Low Income Housing ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rental Property ,
Right of First Refusal ,
State and Local Government ,
Tenant Opportunity to Purchase (TOPA) ,
Tenants
Happy Holidays to all. We are still hopeful that Santa brings everyone some relief from rent control and other multifamily restrictions (we heard that the new BEPS Regulations preclude Santa from leaving coal for legislators...more
1/3/2024
/ Comment Period ,
Condominiums ,
Federal Trade Commission (FTC) ,
Fees ,
Housing Market ,
Landlords ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rent Stabilization Codes ,
Rental Property ,
Right of First Refusal ,
Tenants
Our most recent Alert included details and updates on rent control, proposed FTC regulation of rental housing junk fees, security camera mandates, and new ROFR proposals. Here is a link to the November 15 Alert. Below are...more
12/11/2023
/ Algorithms ,
Antitrust Litigation ,
Antitrust Provisions ,
Federal Trade Commission (FTC) ,
Landlords ,
Multi-Family Development ,
Price-Fixing ,
Rent ,
Rent Control ,
Rent Stabilization Codes ,
Rental Property ,
Right of First Refusal ,
Tenants
Our most recent Client Alert provided updates on our Rent Control Coalition, the new Howard County and Montgomery County ROFR and Rent Control legislation, new FTC Junk Fee proposals, and several other important matters...more
11/16/2023
/ Federal Trade Commission (FTC) ,
Fees ,
Financial Services Committee ,
Landlords ,
Multi-Family Development ,
Proposed Rules ,
Regulatory Agenda ,
Rent ,
Rent Control ,
Rental Property ,
Right of First Refusal ,
Tenants
As a follow-up to our recent alert, here are some updates on regional and national legislative activity impacting real estate...more
11/13/2023
/ BEPS ,
Consumer Price Index ,
Housing Market ,
Landlords ,
LIHTC ,
Low Income Housing ,
Multi-Family Development ,
Rent ,
Rent Control ,
Rental Property ,
Residential Leases ,
Right of First Refusal ,
State and Local Government ,
Tax Credits ,
Tenants
As a follow-up to our prior alert, here are some updates on legislative activities in the region...more
County Council President Evan Glass introduced Expedited Bill 38-23 to modify the Montgomery County, Maryland (County) right of first refusal (ROFR) law to permit the County to assign its ROFR rights to a “qualified entity.”...more
The Right of First Refusal (ROFR) program in Prince George’s County, Maryland, continues to evolve with the implementation of two new initiatives through the Department of Housing and Community Development....more
Summary -
The new right of first refusal (ROFR) law in Howard County, Maryland, differs significantly from similar requirements in Prince George’s County and Montgomery County, Maryland, as well as the District of...more
Summary -
Prince George’s County adopted revised regulations that expand the multifamily rental property right of first refusal provisions of County law....more
The Howard County, Maryland, Council passed Bill 13-2020—the Affordable Housing Retention Act—last week. This legislation provides the County and the Howard County Housing Commission with the right to purchase rental housing...more
The Department of Housing and Community Development (DHCD) of Prince George’s County in Maryland is reviewing numerous responses it received from developers on its recent Request for Qualifications (RFQ). The RFQ seeks to...more
The District of Columbia Court of Appeals recently determined, in Williams v. Kennedy, that a conveyance of ownership interests in a rental property does not constitute a sale under D.C.’s Tenant Opportunity to Purchase Act...more
The Prince George's County Council is considering legislation that would require sellers of multifamily rental facilities with 20 or more dwelling units to provide the County Department of Housing and Community Development...more