News & Analysis as of

Commercial Property Owners Disclosure Requirements

Saul Ewing LLP

Mandatory Disclosure Rules for All New Jersey Sellers and Landlords of Residential, Commercial and Industrial Property

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Introduction - Flood risks in New Jersey are growing due to the effects of climate change. Coastal and inland areas may experience significant flooding now and in the near future, including in places that were not previously...more

Genova Burns LLC

New Jersey’s New Flood Risk Information Law Goes Into Effect: Penalties for Nondisclosures In Sales and Leases (both Commercial...

Genova Burns LLC on

Beginning on March 20, 2024, the new NJ law requires sellers of real property and landlords to make disclosures regarding known and potential flood risks in purchase and sale agreements and new leases and renewals. ...more

Holtzman Vogel Baran Torchinsky & Josefiak

U.S. Supreme Court Issues New Code of Conduct Codifying Ethics Rules and Practices

On November 13, 2023, the U.S. Supreme Court published a Code of Conduct that codifies the ethics rules and principles governing the conduct of Justices and their staff. The Code consists of five Judicial Canons that draw...more

K&L Gates LLP

The Property Law Act 2023 Introduces Major Reforms

K&L Gates LLP on

Key Points - The Property Law Act 2023 (the New Act) was passed on 25 October 2023. It will likely receive Royal Assent in the next week and will commence on a date set by proclamation (to be announced soon)....more

Goodwin

Blind Pool REIT IPOs: Real Estate Sponsors Are Getting Ready To Jump Back In

Goodwin on

Coming out of the Great Recession, there was a rush by real estate sponsors to raise “blind pool” capital to take advantage of displacement and distress in the real estate market. From 2009 through 2010, 30 new public real...more

Goulston & Storrs PC

The SEC Proposed Rule on Climate-Related Disclosures and Its Implications for Commercial Leasing

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In March of 2022, the Securities and Exchange Commission (the “SEC”) proposed a new rule regarding mandatory disclosure of climate-related information. This proposed rule, if finalized in its current form, will require public...more

Miles & Stockbridge P.C.

Montgomery County Expands Scope of Energy Benchmarking Performance Reporting Requirement, Imposes New Information Disclosure...

Miles & Stockbridge P.C. on

Under recent amendments to Montgomery County’s Energy Benchmarking and Performance Standards Law, residential and non-residential buildings in the County - including buildings in Rockville and Gaithersburg - that are 25,000...more

Miles & Stockbridge P.C.

Commercial Lender Licensing and Commercial Loan Disclosures in New York

To date, the licensing and disclosure obligations for lenders and brokers of commercial loans, (including commercial mortgage loans and non-real estate-secured commercial or business purpose loans) have not received the...more

Shutts & Bowen LLP

Pre-Bankruptcy Considerations for Commercial Landlords

Shutts & Bowen LLP on

The following is the first in what will be a series of posts addressed to commercial landlords regarding bankruptcy. As many landlords are learning, unexpected circumstances can cause a good tenant to become a...more

Sands Anderson PC

2018 Legislative Update: New Laws Impacting Commercial Real Estate Clients

Sands Anderson PC on

Below is our annual update on legislative changes impacting the real estate industry. All common interest communities are based on a foundation of real estate law, and thus changes to these laws can often impact common...more

Miller Starr Regalia

New California Law Regarding Disclosure Of Disability Access Compliance In Commercial Real Property Leases

Miller Starr Regalia on

Beginning January 1, 2017, revisions to current California law will expand the disclosure requirements and the responsibilities of landlords and rights of tenants regarding the compliance of commercial real property with...more

Holland & Knight LLP

New ADA Compliance Disclosures Required for California Commercial Landlords

Holland & Knight LLP on

California Gov. Jerry Brown on Sept. 16, 2016, signed into law AB 2093, which amends California Civil Code Section 1983 and expands disclosures regarding certain Americans With Disabilities Act (ADA) matters. The requirements...more

Sheppard Mullin Richter & Hampton LLP

Important Alert for Commercial Owners/Landlords and Brokers/Agents: Changes to California Dual Agency Disclosure Laws Effective...

Effective January 1, 2015, California law requires real estate brokers and agents to provide their clients and prospective clients with specific new disclosures, including an initial disclosure form regarding the nature of...more

Sheppard Mullin Richter & Hampton LLP

Missing Data Protocols Under AB1103 Energy Use Disclosure Rule And Other Important Facts You Need To Know

Many commercial property owners have approached us with questions about missing data protocols, how to properly comply with AB 1103 (and the consequences of non-compliance) and what buildings are affected. Here is what you...more

Mintz

AB 1103 Update: Postponement of Certain Nonresidential Building Energy Use Disclosure Requirements

Mintz on

Under California Assembly Bill 1103 (“AB 1103”, codified as California Public Resources Code Section 25402.10), owners and operators of nonresidential buildings must disclose certain building energy performance data to a...more

Perkins Coie

California Energy Commission Provides Guidance For New Nonresidential Building Energy Use Disclosure Program

Perkins Coie on

The California Energy Commission (CEC) recently issued updated regulations for its new Nonresidential Building Energy Use Disclosure Program. The updated regulations provide practical guidance to building owners for...more

Sheppard Mullin Richter & Hampton LLP

California Commercial Building Owners Must Comply With New Energy Use Disclosure Rules Commencing July 1, 2013

The long-awaited energy use disclosure requirements, first enacted as AB 1103 (Saldana) in 2007 (codified as California Public Resources Code, §25402.10), are finally effective. Commencing July 1, 2013, owners of commercial,...more

Allen Matkins

Action Required by California Commercial Landlords: New California Law Goes Into Effect July 1, 2013, Requiring Accessibility...

Allen Matkins on

On July, 1, 2013, Civil Code Section 1938 goes into effect and requires commercial leases executed on and after such date to disclose whether the premises being leased have been inspected by a Certified Access Specialist, and...more

Allen Matkins

Energy Use Disclosure Requirements Go Into Effect for Owners of Nonresidential California Buildings

Allen Matkins on

More than five years following the enactment of the governing legislation, the first phase of the Energy Use Disclosure Requirements will commence July 1, 2013. Assembly Bills 1103 and 531 require owners of nonresidential...more

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