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Residential Real Estate Updates

Read Residential Real Estate law updates, news, and legal analysis from leading lawyers and law firms:
Ballard Spahr LLP

HUD further revises servicing and claims requirements and loss mitigation options

Ballard Spahr LLP on

In January 2025 the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2025-06 revising servicing and claims requirements and loss mitigation options for FHA insured mortgage loans effective...more

Cozen O'Connor

Pennsylvania Perspective for Monday, April 21, 2025

Cozen O'Connor on

Gov. Shapiro Orders Flags to Half-Staff in Honor of Pope Francis- Governor Josh Shapiro (D) has ordered U.S. and Commonwealth flags to be flown at half-staff across Pennsylvania in honor of Pope Francis, who passed away...more

Katten Muchin Rosenman LLP

CFPB Suggests Shift In Supervision and Enforcement Priorities

On April 16, the Consumer Financial Protection Bureau (CFPB) seemingly provided its employees with a memorandum outlining its ongoing supervisory and enforcement priorities (Memo). Although the Memo has not been made publicly...more

Otten Johnson Robinson Neff + Ragonetti PC

Denver Proposes to Eliminate All Minimum Vehicle Parking Requirements

The City of Denver (“Denver”) released the first draft of its proposed amendment to the Denver Zoning Code (“Zoning Code”) known as Modernizing Parking Requirements Text Amendment (“Text Amendment”), in which it proposes...more

Mayer Brown

Update on Maryland Licensing Guidance: A “Fix” In The Works?

Mayer Brown on

In a prior Legal Update, we discussed the introduction of legislation in the Maryland General Assembly that would amend Maryland law to address guidance issued by the Maryland Office of Financial Regulation (“OFR”). That...more

Farrell Fritz, P.C.

Sales of Real Estate Involving Non-U.S. Sellers – FIRPTA Considerations for Both Parties

Farrell Fritz, P.C. on

Transactions involving the disposition of a U.S. real property interest (“USRPI”) by a foreign person (i.e., a nonresident alien individual or foreign entity, the seller) are subject to the Foreign Investment in Real Property...more

McGuireWoods Consulting

House and Senate Begin Preparing Housing Plans

Across the country, housing costs are steadily rising due to the growing shortage of homes available to sell or rent. With new leadership in key House and Senate committees and provisions of the 2017 Tax Cuts and Jobs Act set...more

Lasher Holzapfel Sperry & Ebberson PLLC

Navigating Technical Terminology in Residential Construction Contracts

Residential construction contracts will often contain technical terms or jargon that leave many homeowners with uncertainty. Homeowners should be cautious of implicitly agreeing to language they do not understand when...more

Pullman & Comley - For What It May Be Worth

New Connecticut Appeals Board for Property Valuation Proposed

Senate Bill No. 1556 has been introduced proposing to create a new Connecticut Appeals Board for Property Valuation (the “Board”).  If the bill is adopted, the Board would be constituted this year to hear appeals from the...more

White and Williams LLP

In Texas, a Certificate of Merit Must Address the Conduct of Each Defendant Specifically  

White and Williams LLP on

In Ryan Eng’g, Inc. v. Mond Homeowners Ass’n, Inc., No. 14-23-00960-CV, 2025 Tex. App. LEXIS 1681, the Court of Appeals of Texas (Court of Appeals) affirmed a trial court ruling denying the Motion to Dismiss of defendant Ryan...more

A&O Shearman

BoE reports on digital pound developments and implementation

A&O Shearman on

The Bank of England (BoE) has published a series of documents regarding its work on implementing the digital pound. The Digital Pound Experiment Report on Offline Payments assesses the technical feasibility of implementing an...more

Bradley Arant Boult Cummings LLP

FHFA Has Fraud on Its Mind

In recent days, Federal Housing Finance Agency (FHFA) Director Bill Pulte has made it clear that he believes fraud is a rampant problem at FHFA. In a stream of related activities, Pulte has called on the public to report...more

Harris Beach Murtha PLLC

New Reporting Requirement for Certain Residential Real Estate Transfers

Effective December 1, 2025, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) will implement new rules for non-financed residential real estate transfers. The purpose of the rule is to increase...more

Snell & Wilmer

Tenth Circuit Revives Takings Claims for Public Use of Property Held Under the State’s Unclaimed Property Act

Snell & Wilmer on

In a decision that may reshape how states administer their unclaimed property statutes, the Tenth Circuit held that property owners can pursue takings claims against the Colorado State Treasurer (Treasurer) without exhausting...more

Partridge Snow & Hahn LLP

What We’re Watching: Peebles, et al. v. JRK Property Holdings, Inc.

What We’re Watching:  Peebles, et al. v. JRK Property Holdings, Inc. Massachusetts SJC hears arguments on what is “Reasonable Wear and Tear” under the Security Deposit Statute - On April 7, 2025, the Supreme Judicial Court...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (4/16/25) – Multifamily Construction Opportunities, a Tariff Timeout for Commercial...

In our latest roundup, REITs ramp up development, U.S. water infrastructure funding plateaus, Giant’s mixed-use development raises questions, and more!...more

Partridge Snow & Hahn LLP

Short Term Rentals in Rhode Island: Municipality Restrictions and Subsequent Litigation

The legality and regulation of Short Term Rentals, which in some municipalities are defined as “guest house” or “transient guest facility” uses (“STRs”), has, with the explosion in popularity and use of hosting platform...more

Cozen O'Connor

Pennsylvania Perspective for Thursday, April 17, 2025

Cozen O'Connor on

Gov. Shapiro Addresses Arson Incident - During a press conference following the opening of the Hershey Corporation’s new manufacturing plant, Governor Josh Shapiro made his first public comments since the arson at the...more

Cozen O'Connor

Broad Street Brief: City Council Talks Land Bank, SEPTA Support

Cozen O'Connor on

Mayor Parker's Housing Plan Relies on $800M in Bonds- Mayor Cherelle Parker’s Housing Opportunities Made Easy (HOME) Initiative aims to build or preserve 30,000 housing units in Philadelphia, primarily funded through $800...more

Bradley Arant Boult Cummings LLP

Updates to the Updates of FHA’s Servicing, Loss Mitigation, and Claims Processes

At the tail end of the Biden administration, the Federal Housing Administration (FHA) published Mortgagee Letter 2025-06, which was tilted Updates to Servicing, Loss Mitigation, and Claims. The 251-page mortgagee letter...more

Holland & Knight LLP

Tax Consequences of a Natural Disaster

Holland & Knight LLP on

Between wildfires such as the ones in Southern California earlier this year and hurricanes and other major storms experienced by other parts of the country annually, there is no shortage of natural disasters affecting people...more

Troutman Pepper Locke

CFPB Announces 2025 Supervision and Enforcement Priorities

Troutman Pepper Locke on

This week, the Consumer Financial Protection Bureau (CFPB or Bureau) released a memo to staff outlining its new supervision and enforcement priorities for 2025....more

Brownstein Hyatt Farber Schreck

California Residential Landlords to Be Required to Photograph Units

Changes to California law (specifically, Cal. Civ. Code Section 1950.5(g)-(h)) effective this year will obligate residential landlords to photographically document the condition of rental units at the outset and conclusion of...more

Goulston & Storrs PC

Navigating Tariff Risk in Construction and Development Deals

Goulston & Storrs PC on

Tariff Policy Shifts Introduce New Real Estate Risks - Over the past few months, there have been significant changes to tariffs by the United States and other countries around the world....more

Bricker Graydon LLP

New Tool Aims to Ease Kentucky's Housing Shortage

Bricker Graydon LLP on

Good news for Kentucky local governments—they’ve got a new tool to help tackle housing shortages, thanks to legislation passed during the 2025 Kentucky General Assembly. Senate Bill (SB) 25 now allows local governments to...more

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