News & Analysis as of

Rental Property

Arnall Golden Gregory LLP

FTC Cracks Down on Deceptive Residential Lease Pricing Advertising

On January 16, 2025, The Federal Trade Commission (“FTC”) and State of Colorado filed a complaint against Greystar, the largest multifamily rental property manager in the U.S., for allegedly misleading consumers about rent...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Mold/Leased Residence: Lessee Files Circuit Court of Washington County Complaint Alleging Certain Causes of Action

Stacy Harper (“Harper”) and her minor daughter (“T.T.”) filed a December 23rd Complaint in the Circuit Court of Washington County, Arkansas incorporating the following causes of action due to the alleged presence of mold in a...more

Sheppard Mullin Richter & Hampton LLP

Client Alert: Protecting Against Residential Price Gouging During the Los Angeles Wildfires

As devastating wildfires displace thousands in Los Angeles County, Governor Newsom has declared a state of emergency. In the wake of this crisis, California’s price-gouging laws impose strict limits on rental price increases...more

Sheppard Mullin Richter & Hampton LLP

Protecting Against Residential Price Gouging During the Los Angeles Wildfires

As devastating wildfires displace thousands in Los Angeles County, Governor Newsom has declared a state of emergency. In the wake of this crisis, California’s price-gouging laws impose strict limits on rental price increases...more

Holland & Knight LLP

Arrendamientos de corto plazo, una realidad en Colombia

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En este episodio de "A Lo Legal En Par Minutos," el socio Edwin Cortés conversa con el abogado inmobiliario Esteban García-Jiméno sobre la diferencia entre los arrendamientos de vivienda a corto plazo y los servicios...more

Fox Rothschild LLP

The New York City Fair Chance for Housing Act: What You Need to Know

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New York City’s Fair Chance for Housing Act went into effect Jan. 1, 2025. It is intended to address discrimination against individuals with a criminal history in the housing application process. The Act requires all...more

Tarter Krinsky & Drogin LLP

NYC Housing Providers Required to Conduct Bifurcated Screening for Criminal Background Checks on Prospective Tenants

Effective January 1, 2025, NYC has implemented the Fair Chance Housing Law, which requires a bifurcated screening process for applicants when the landlord wants to conduct a criminal background check. Housing providers...more

Miller Starr Regalia

Commercial Property Owners And Sb 1103: New Consumer-Type Protections For “Qualified Commercial Tenants” In Non-Residential...

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On September 30, 2024, Governor Newsom signed into law Senate Bill 1103, an unprecedented legislative measure affecting non-residential landlords’ transactions with a broadly defined class of “qualified commercial tenants.”...more

Womble Bond Dickinson

Tax Alert: Arizona Residential Rental Tax Changes Effective January 1, 2025

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Effective January 1, 2025, Arizona property owners will no longer be required to collect and remit city Transaction Privilege Tax (TPT) on residential rental income for long-term stays of 30 consecutive days or more....more

Seyfarth Shaw LLP

Jingle Bells, Bed Bug Tells: New Bed Bug Disclosure Law Goes Into Effect December 22, 2024

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Starting December 22, 2024, New York’s Real Property Law (RPL) will be amended to include requirements for residential landlords/lessors to inform their tenants of a bed bug infestation....more

BCLP

Briefcase 2024 Quarter 4: Key Real Estate Cases and Updates

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Case 1: AP Wireless II (UK) Ltd v On Tower UK Ltd - In a landmark judgment, the Upper Tribunal considers the lease/licence distinction, clarifying exclusive possession, term certain and contractual interpretation in the...more

Weintraub Tobin

Commercial Property Owners, Brokers and Property Managers Beware: California’s Commercial Tenant Protection Act Goes Into Effect...

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California law has long treated commercial and residential tenancies differently. Consumer protection-focused regulations enacted to protect residential tenants were legally considered inapplicable to business tenants which...more

Morrison & Foerster LLP

Information Sharing, Pricing Algorithms, and Antitrust Liability: Where Is the Line?

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Antitrust enforcers and private plaintiffs over the past few years have pursued increasingly aggressive theories of liability based on information exchange and the use of algorithmic pricing and revenue management software....more

Troutman Pepper Locke

Delaying Rent Payment by Assisted Living and Skilled Nursing Facilities in Chapter 11

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The lifeblood of any debtor operating in Chapter 11 is access to cash to maintain ongoing operations. This is particularly important in cases involving assisted living and skilled nursing facilities given the health, safety,...more

Epstein Becker & Green

Importance of Negotiating the Letter of Intent for Health Care Leases

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In our ongoing series of blog posts, we have examined key negotiating points for tenants in triple net health care leases....more

International Lawyers Network

Buying and Selling Real Estate in Greece (Updated)

KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER GREEK LAW - 1. PROCEDURE – MAIN STEPS OF REAL ESTATE ACQUISITION UNDER GREEK LAW. Acquisition of a real estate property in Greece includes mainly the following steps: ...more

Benesch

California Senate Bill 1103

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California Senate Bill 1103 ("SB 1103") takes effect January 1, 2025 and will impact leases, amendments, and other lease modifications with respect to commercial property in California. In an effort to provide additional...more

Morgan Lewis

US District Court Denies Motion to Dismiss Algorithmic Pricing Antitrust Claims

Morgan Lewis on

The US District Court for the Western District of Washington issued a significant ruling on December 4, 2024 in an ongoing case raising alleged claims of algorithmic price collusion in the apartment rental industry. The court...more

Epstein Becker & Green

Importance of Negotiating Default Provisions in Health Care Leases

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In our ongoing series of blog posts, we have examined key negotiating points for tenants in triple net health care leases....more

DLA Piper

Chicago establishes Tenant Opportunity to Purchase program on northwest side

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The Chicago City Council recently established a Tenant Opportunity to Purchase program for rental buildings on the city’s northwest side. Billed by the city as an anti-gentrification measure, the program gives tenants a right...more

DLA Piper

US Bankruptcy Court rules on lease classification for skilled nursing and long-term care facilities

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The US Bankruptcy Court for the Western District of Pennsylvania issued a memorandum opinion on November 15, 2024, holding that a real property lease for a skilled nursing, long-term care, and rehabilitation facility should...more

Pierce Atwood LLP

Maine to Impose Sales and Use Tax on Leases; Limited Refunds Available

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Unlike most states, Maine taxes lessors on their purchase of tangible personal property for lease or rental, but generally does not tax lease and rental payments. Starting January 1, 2025, however, Maine will join the vast...more

Stoel Rives LLP

Negotiating Insurance Provisions for Commercial Landlords

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When commercial landlords negotiate leases with prospective tenants, they understandably focus on key commercial terms, such as rental rate and renewal options. While that focus is justified, landlords should never overlook...more

Lasher Holzapfel Sperry & Ebberson PLLC

Regaining Possession of Real Property – Unlawful Detainer or Ejectment?

One of the greatest hurdles faced by landlords and property owners is regaining possession of real property in a timely manner. Unlawful Detainer (also referred to as an eviction) and Ejectment are actions are used by...more

Bennett Jones LLP

Fair Market Value—What Does it Mean?

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In the world of real estate, it is common to use fair market value (FMV) as a way of describing the value of real estate or rents payable. However, perhaps not often considered is the issue that the term FMV can mean...more

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