Potential Impacts Of The 2024 Elections On The U.S. Real Estate Market: What Our Clients Need To Know

While the real estate industry is generally not dramatically affected by the potential swings of an election year, there are subtle differences between the policies put forth by each party in the upcoming U.S. election that could have material impacts on investments in U.S. real property. In this article, we discuss the effect these changes could have and provide practical benefits to stakeholders navigating this sector.

Restrictions on foreign ownership of U.S. real property: a […]

By | July 22nd, 2024 ||

Wisconsin Among First States To Pass Legislation Allowing Real Property Owners To Proactively Discharge Discriminatory Restrictions Recorded Against Their Property

A Wisconsin law, 2023 Wisconsin Act 210, taking full effect in September 2024, will allow owners of real property in Wisconsin the ability to proactively release and discharge previously recorded discriminatory restrictions.

Discriminatory restrictions are restrictions, covenants or conditions that prohibit or restrict the ownership, transfer, encumbrance, rental, occupancy or use of real property on the basis of membership in a protected class. Historically, real property owners used discriminatory restrictions to permit only certain groups […]

By | July 19th, 2024 ||

Big Streamlining For Small Subdivision Developers

To address the housing crisis in California, Senate Bill 684 (SB 684), passed in 2023 but effective as of July 1, 2024, aims to simplify the approval process for small-scale for-sale housing projects, facilitate a quicker development process, and help to alleviate the state’s housing shortage. Specifically, SB 684 mandates local agencies to ministerially approve proposed subdivisions for housing projects that result in 10 or fewer parcels, provided they meet specific criteria.1 Applications for up to 10 […]

By | July 14th, 2024 ||