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Bennett Jones LLP

The Double Default Rule in Real Estate Transactions

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"We're ready, willing and able to close. Are you?" These are familiar words to those who buy and sell real estate. They embody the notion that, on the time appointed for the closing of the transaction, a party is ready to...more

Bennett Jones LLP

Killing the Deal (Anticipatory Repudiation in a Real Estate Purchase)

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Once an agreement of purchase and sale for real estate is signed, the path to closing and the rules of closing are firmly engrained, both in the terms of the contract and in principles of law and equity. You don’t get to...more

Cadwalader, Wickersham & Taft LLP

The UK's Spring Budget 2024 and Its Impact on Real Estate

The Chancellor of the Exchequer delivered the United Kingdom (UK) Spring Budget for 2024 on 8 March 2024.  The Budget was delivered against the backdrop of an anticipated general election in the summer or autumn of 2024 and...more

International Lawyers Network

Buying and Selling Real Estate in Italy (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER ITALIAN LAW - I. INTRODUCTION - This brief guide has the goal to provide legal explanation on the main aspects of the real estate transactions in Italy. II. REAL...more

Bilzin Sumberg

Florida Real Estate Commission Finalizes Buyer’s Affidavits for Conveyances to Foreign Entities

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The Florida Real Estate Commission’s form buyer’s affidavits for conveyances to foreign entities are finally available and go into effect on January 17, 2024. This should provide some relief for practitioners and title...more

Stikeman Elliott LLP

Real Estate 2024 Canada

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Real Estate Law- 1.1 Please briefly describe the main laws that govern real estate in your jurisdiction. Laws relating to leases of business premises should be listed in response to question 10.1. Those relating to...more

Mandelbaum Barrett PC

Top 5 Reasons Why You Should Have a Letter of Intent for Your Next Commercial Real Estate Deal

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1. Demonstrates Commitment. While the majority are non-binding, the parties’ willingness to negotiate and execute a letter of intent demonstrates a preliminary commitment to the deal. 2. Confirms Material Terms. Reaching an...more

Lowndes

Don't Get Rejected: Florida's Witness Address Rule Takes Effect in 2024

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Starting January 1, 2024, there are important changes to Florida Statutes 695.26(1)(c) that you need to know. Now, in addition to including the printed, typewritten or stamped name of each witness on certain recorded...more

Miller Starr Regalia

Independent Assurance: Standby Letters Of Credit As Collateral In Commercial Transactions

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The letter of credit has evolved from being a tool to facilitate international commercial transactions involving the sale of goods to a preferred form of collateral in a range of commercial transactions. While historically a...more

Levenfeld Pearlstein, LLC

How to Navigate a Challenging Commercial Real Estate Market

The commercial real estate market is in a period of transition. Previously, with historically low interest rates, buyers were eager to get into the “seller’s market” and would accept more seller-favorable terms to distinguish...more

International Lawyers Network

Buying and Selling Real Estate in Italy (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER ITALIAN LAW - I. INTRODUCTION - This brief guide has the goal to provide legal explanation on the main aspects of the real estate transactions in Italy. II. REAL ESTATE...more

Amundsen Davis LLC

Forever Chemicals (PFAS) in Real Estate Transactions: Avoiding Forever Consequences

Amundsen Davis LLC on

What are PFAS and What’s the Big Deal? PFAS, short for per- and poly-fluoroalkyls substances are man-made chemicals used to make hundreds of products for home and industry use, ranging from stain proofing and waterproofing...more

International Lawyers Network

Buying and Selling Real Estate in Canada - Québec (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER CANADIAN (QUÉBEC) LAW - Unlike the other Canadian provinces and territories, which are all common law jurisdictions, Québec is a civil law jurisdiction. It is governed by the...more

Woods Rogers

Lis Pendens and Arbitration – Avoiding an Either-Or Dilemma

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The filing of a Lis pendens is a vital tool for protecting a party’s rights in enforcing a purchase and sale agreement for real estate, but if the claim at issue falls within a mandatory arbitration clause, the party may not...more

Katten Muchin Rosenman LLP

Commercial Real Estate in Charlotte: Takeaways From the Sun Belt City's Hot Market

The future looks bright for the commercial real estate (CRE) market in Charlotte, North Carolina. The Sun Belt city, like all municipalities throughout the country, felt the early economic shock waves from the Covid-19...more

International Lawyers Network

Buying and Selling Real Estate in Portugal (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER PORTUGUESE LAW - I.INTRODUCTION - Portugal is an Iberian Peninsula country, bordered by the Atlantic to the west and south and Spain to the north and east. In addition to...more

International Lawyers Network

Buying and Selling Real Estate in Italy

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER ITALIAN LAW - I. INTRODUCTION - This brief guide has the goal to provide legal explanation on the main aspects of the real estate transactions in Italy. II. REAL ESTATE...more

Goodwin

2021 Real Estate Capital Markets Conference Recap

Goodwin on

2020 was a challenging year, to say the least. The real estate industry continues to feel the effects of the global COVID-19 pandemic and subsequent economic consequences going into 2021 as industry leaders are still...more

International Lawyers Network

Buying and Selling Real Estate in Portugal (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER PORTUGUESE LAW - I. INTRODUCTION - Portugal is an Iberian Peninsula country, bordered by the Atlantic to the west and south and Spain to the north and east. In addition to...more

Troutman Pepper

Factors to Consider in Negotiating Indemnification Provisions

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One of the most negotiated and fundamental provisions in any contract is the manner in which the parties will allocate risk. Also known as an “indemnity” or an “indemnification provision,” these provisions are not commonly...more

Troutman Pepper

Letters of Intent in Commercial Real Estate Leases

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Letters of intent (LOIs) are frequently used by parties to formalize terms for commercial real estate leases. LOIs are implemented in the beginning stages of a transaction to ensure there is a meeting of the minds on major...more

Jones Day

German Court Voids Defect-Curing Clauses in Written Form Lease Agreements

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The Situation: A decision by the German Federal Court of Justice has made null and void written form defect-curing clauses in lease agreements. The Result: It is likely that more tenants and landlords will attempt to...more

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