Earlier this fall an apartment in Kiev became the first real estate purchased using blockchain, portending a new era in the sale of land and improvements. It is suggested blockchain may do for the $217 trillion real estate market what the Internet did for communication. Blockchain will address high transaction costs, long time delays, and [...]
The question this law firm is asked most often about single family home sales is whether or not a house can be sold “as is.” The answer since a dramatic change in Maryland law effective October 1, 2005, is “no” a single family home cannot legally be sold “as is.” Caveat emptor no longer exists [...]
More than 2,881 bills were introduced in the 2017 Maryland General Assembly session of which more than 361 bills were enacted, including more than a few that will provide business opportunities for those engaging in the sale of alcoholic beverages
The transfer of a liquor license in Baltimore City often involves issues of life and death, and in some instances, zombies and phantoms.
Representing a huge share of the market capitalization of real estate across the globe, this year, 707 real estate companies and funds, with over 61,000 properties, having an aggregate value of $2.3 Trillion reported their environmental, social and governance information to Global Real Estate Sustainability Benchmark (GRESB).
Last week the U.S. Court of Appeals for the Ninth Circuit affirmed the Tax Court’s decision precluding a tax payer from deducting ordinary and necessary business expenses associated with a medical marijuana dispensary in San Francisco. This decision and the underlying position taken by the IRS is problematic for the entire cannabis industry, including in [...]
The Maryland Medical Cannabis Commission published the long awaited draft regulations last Friday, June 26, 2015, and it is anticipated that applications for growers, processors and dispensaries will be accepted beginning in September. Noting the lesson that those who benefitted most from the California Gold Rush of 1849 were not the gold miners but the [...]
This compilation of the requirements for Carroll County, is one in a series of articles that identify issues that must be addressed in agreements of sale for real estate located within particular subdivisions in Maryland. Accepting that real estate is one of the most heavily regulated industries, there are federal, state, and local government requirements [...]
The Maryland General Assembly overhauled the State’s tax structure in the recent 2007 Special Session enacted six bills and increasing State revenues by $77.1 million in fiscal 2008 and by $412.2 million beginning in fiscal 2009. State revenues from new recordation and transfer taxes on a transfer of a controlling interest in a real property [...]