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Articles by Andrew I. Almand
CREFC Miami Takeaways | JD Supra
Days two and three of the CREFC Conference in Miami were active for the Ballard Spahr Team, with the highlight being our annual reception attended by more than 220 guests. In follow-up to our day one summary alert, we wanted to share some takeaways from the final two days of the Conference with our clients and friends.
Greetings from CREFC Miami | JD Supra
The Ballard Spahr Team was thrilled to be here in Miami at the CREFC Conference and we wanted to share some day one takeaways with our clients and friends. The first-day sessions provided the near-capacity audience with a range of generally optimistic predictions for 2024, including expectations of multiple Federal Reserve rate cuts.
Navigating Transfer and Recordation Taxes in the DMV
Transfer and recordation taxes are an important and, in some cases, quite costly component of most real estate transactions in D.C., Maryland, and Virginia. The obligations and costs of these taxes differ in each jurisdiction, as do the strategies we utilize with our clients to avoid or minimize these taxes. The following summary addresses issues that are frequently asked about these taxes.
Q&A: D.C. Housing Stabilization Grants | JD Supra
The District of Columbia recently announced Housing Stabilization Grants with funds from the federal CARES Act to provide COVID-19 related relief to District housing providers. Eligible landlords may be entitled to 80% of overdue rent for the period April 1, 2020, to November 30, 2020, up to a maximum of $2,000 per residential unit per month. Applications by housing providers for the Housing Stabilization Grants must be submitted by the end of today, December 11, 2020.
DC Metro COVID-19 Legislation/Regulations Impacting Landlords, Judicial Actions, and Government Operations (UPDATED) | JD Supra
Seven months of working from home (and counting), expanded business hours, restricted building capacities, and daily uncertainty. As winter begins to move into the region, it is unclear how the pandemic will affect businesses and residents. But it is clear that each jurisdiction has different priorities and constraints, and that the situation is not static.
DC Metro COVID-19 Legislation/Regulations Impacting Landlords, Judicial Actions, and Government Operations (UPDATED) | JD Supra
Five months and counting—that's how much time municipalities and businesses have spent continually adapting to the consequences of COVID-19. States and local jurisdictions are modifying orders to slow or prevent evictions while providing funding to help people make ends meet. Our chart has updated, comprehensive information on COVID-19-related real estate provisions in the Washington, D.C., area.
DC Metro COVID-19 Legislation/Regulations Impacting Landlords, Judicial Actions, and Government Operations (UPDATED) | JD Supra
Washington D.C. Mayor Muriel Bowser recently extended the public health emergency in DC through October 9, 2020. The effective periods for many of the provisions in DC’s COVID-19 emergency legislation are tied to the public health emergency period, so this extension extends the duration of the eviction moratorium, rent payment plan, rent freeze, and mortgage relief. Similarly, certain TOPA deadlines applicable to tenants and tenant organizations have been extended.
DC Metro COVID-19 Legislation/Regulations Impacting Landlords, Judicial Actions, and Government Operations | JD Supra
As we enter the fourth month of the COVID-19 pandemic, legislators and regulators are continuing to adapt by enacting rules for the “new normal.” Jurisdictions in the Washington, D.C., region are in various stages of reopening, but the situation remains fluid. Please see full Chart below for more information.
New COVID Legislation in the DC Metro Area Impacting Landlords, Permitted Activities, and Government Operations | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Maryland, DC and Virginia Construction Sites Need Careful Monitoring to Stay Open | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Navigating the Development Process in the DC Region During COVID-19 | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Seal or No Seal? Virginia Supreme Court Decision Should Prompt Closer Scrutiny of Leases
A recent ruling by the Supreme Court of Virginia may invalidate hundreds of leases because they are not under "seal" and therefore do not meet Virginia's "Deed of Lease" requirement. Landlords and tenants should review their Virginia leases to ensure compliance with this pivotal decision. In The Game Place LLC v. Fredericksburg 35 LLC, the court invalidated a 15-year lease, concluding that an agreement between a commercial landlord and tenant actually constituted a month-to-month tenancy.
Seal or No Seal? Virginia Supreme Court Decision Should Prompt Closer Scrutiny of Leases | JD Supra
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