News & Analysis as of

Tenants Rent Housing Market

Ballard Spahr LLP

Multifamily Update-Rent Control Portal, Eviction Reforms, Shelf and Conversion Condos, BEPS, Vacancy Control, Just Cause...

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On the multifamily front, transactions are picking up. The benefits of the interest rate cut by the Fed are offset somewhat by the increasingly complex legal and regulatory environment impacting multifamily properties,...more

Lerch, Early & Brewer

Rockville and Montgomery County Take Differing Approaches to Rent Stabilization

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The City of Rockville and Montgomery County are addressing affordable housing with differing approaches. Both jurisdictions took action on rent control this summer, with plans for future legislation or applicable regulations...more

Ballard Spahr LLP

National Rent Control, Prince George’s County Enacts New Rent Control, Montgomery County Poised to Adopt Regulations for Rent...

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Rent control continues to be headline news, with local legislation being enacted and national legislation being proposed. The rent control law in Prince George’s County was enacted yesterday and it appears that the rent...more

Ballard Spahr LLP

Maryland Rent Control, DC Lease Assignment Tax, and Increased Indemnity Deed of Trust Threshold

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Rent control laws continue to evolve in Montgomery and Prince George’s Counties. The rent control law enacted last year in Montgomery County will become effective once regulations are adopted. Our recent Alert discussed these...more

Ballard Spahr LLP

Proposed Rent Control Regulations Under Review by the Montgomery County Council

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On Friday, June 14, 2024, the Montgomery County Department of Housing and Community Affairs (DHCA) delivered proposed regulations to the Montgomery County Council (Council) for review and consideration. The proposed...more

Holland & Knight LLP

Changes to New York's Housing Laws: What You Need to Know

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New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more

Sheppard Mullin Richter & Hampton LLP

Status of California Rent Control Reform

It seems like year-after-year, attempts are made to reform or repeal California’s rent control regulations, namely the Costa-Hawkins Rental Housing Act (Civ. Code §§ 1954.50 et seq.) (Costa-Hawkins Act). 2024 has proven to be...more

Adler Pollock & Sheehan P.C.

The Potential of Rent Control in Rhode Island

In 2023, Providence had the largest year over year residential rent increase compared to every other major U.S. city. Rising rental rates are not isolated to the Ocean State. Median residential rent prices increased in cities...more

Ballard Spahr LLP

D.C., Maryland Multifamily Housing Update: Prince George’s County Rent Control, Montgomery County Tenant Protections, Montgomery...

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There have been a number of new regulatory developments since our prior Alert, including updates on Prince George’s County rent control, Montgomery County tenant protections, Montgomery County Right of First Refusal (ROFR)...more

Ballard Spahr LLP

Prince George's County Rent Control Extension/BEPS/Montgomery County Rent Control Updates

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Our recent Alert focused on the D.C. Housing in Downtown program, the Montgomery County Right of First Refusal legislation, rent control in Montgomery and Prince George’s Counties, the SCOTUS rent control challenge denial,...more

Ballard Spahr LLP

ROFR Law, HID Tax Abatement, Rent Control Laws and Regulations, and SCOTUS Update

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Our recent Alert included details and updates on new Montgomery County rent control regulations, an expanded right of first refusal (ROFR) process, and our related advocacy efforts....more

Ballard Spahr LLP

Proposed Rent Control Regulations Raise Many Questions

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As noted in our prior Alert, the Montgomery County Department of Housing and Community Affairs (DHCA) published draft regulations on February 1 to implement the County’s new rent control law. By its terms, the rent control...more

Ballard Spahr LLP

Rent Control Regulations and Federal Legislation Alert

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If you have been following our recent Alerts, you are aware that the multifamily industry has been subject to a series of chilling legislative actions and proposals. Today’s Alert focuses on two very recent high-profile...more

Ballard Spahr LLP

DC/Maryland Multifamily Real Estate Updates

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Happy Holidays to all. We are still hopeful that Santa brings everyone some relief from rent control and other multifamily restrictions (we heard that the new BEPS Regulations preclude Santa from leaving coal for legislators...more

Bennett Jones LLP

British Columbia Passes Bill 35, Advancing the Homes for People Action Plan and Addressing Short-Term

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On October 26, 2023, Bill 35, the Short-Term Rental Accommodations Act received royal assent. Bill 35 was introduced as part of the NDP’s Homes for People Action Plan to combat the housing crisis and intends to regulate...more

Ballard Spahr LLP

November Multifamily Alert

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As a follow-up to our recent alert, here are some updates on regional and national legislative activity impacting real estate...more

Ballard Spahr LLP

Multifamily Update

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Below is an update to our recent Multifamily Alerts. The July 18 Montgomery County work session may be of critical importance....more

Lowndes

New Requirements for Landlords Under Orange County Tenant’s Bill of Rights

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On March 1, 2023, Orange County, Florida's Ordinance No. 2023-06 went into effect. The ordinance creates the new Office of Tenant Services and requires landlords to comply with new rules regarding notice requirements for rent...more

Hogan Lovells

UK government legislates to make residential ground rents a thing of the past

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On 8 February 2022, the Leasehold Reform (Ground Rent) Act 2022 received Royal Assent, effectively outlawing ground rents in residential leases in England and Wales once the legislation comes into force....more

Hogan Lovells

Residential property reform by UK government: Goodbye to ground rents

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In the first part of a long-heralded suite of reforms to leasehold property law in England & Wales, the UK government has introduced a draft Bill which is intended to consign to history ground rents under leases of flats and...more

Akerman LLP

Federal Judge Strikes Down CDC's Eviction Moratorium

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A federal judge for the District of Columbia issued a decision on May 5 striking down the Centers for Disease Control and Prevention's (CDC) nationwide eviction moratorium....more

Hogan Lovells

You can’t just wash your hands of it… A landlord and tenant’s guide to COVID-19 in the UK

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As hand gels and toilet paper fly off the shelves and children across the world cross their fingers for school closures, the COVID-19 strain of coronavirus has taken over the news. ...more

Hogan Lovells

Game, set and match for leasehold housing and ground rents: Government responds to its consultation on leasehold reform

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Last week saw a volley of government announcements for the private rented sector and investors in leasehold residential property.  At the Chartered Institute of Housing Conference on 27 June, Prime Minister Theresa May and...more

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