On July 17, 2023, Delaware Governor John Carney signed into law the 2023 amendments to the General Corporation Law of the State of Delaware (the “DGCL”), the Delaware Limited Liability Company Act (the “LLC Act”), the...more
New Castle County has announced that the firm conducting its countywide reassessment is now out in the field and inspecting properties, including commercial, office, and other non-residential properties. The goal is to...more
In response to comments from the development and engineering communities and in keeping with Governor Carney’s expressed objective to improve upon processes and procedures within state government, especially as it relates to...more
Court of Chancery holds that current assessments violate Delaware Constitution - In its May 8 opinion, the Delaware Court of Chancery declared that the current property tax assessment regime for all three of Delaware’s...more
Innovation, creativity, economic outlooks and some transformative ideas for the future were the key themes discussed at Saul Ewing Arnstein & Lehr’s 11th Annual Real Estate Conference in Baltimore, which was attended by...more
Increase will not apply to contracts signed before August 1st -
As part of passing the budget for fiscal year 2018, the Delaware General Assembly voted to increase the transfer tax charged on real estate transactions from...more