Real Estate Law

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24 07, 2017

A Single Family Home in Maryland Cannot be Sold “As Is”

July 24th, 2017|Real Estate Law|

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 [...]

7 05, 2017

New Alcoholic Beverage Laws from the 2017 Session of the Maryland Legislature

May 7th, 2017|Real Estate Law|

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

2 05, 2017

Zombie Liquor License is Really Dead

May 2nd, 2017|Real Estate Law|

The transfer of a liquor license in Baltimore City often involves issues of life and death, and in some instances, zombies and phantoms.

27 12, 2015

GRESB is Huge with $2.3 Trillion in Real Estate so Follow the Money

December 27th, 2015|Real Estate Law|

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).

20 12, 2015

Congress Breathes New Life into 179D Tax Deduction

December 20th, 2015|Real Estate Law|

Last week the 114th Congress passed the Consolidated Appropriations Act, 2016 and the Protecting Americans from Tax Hikes Act of 2015.

7 07, 2015

Federal Court Rules Legal Medical Marijuana Dispensary Cannot Deduct Business Expenses

July 7th, 2015|Real Estate Law|

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 [...]

30 06, 2015

Maryland Medical Marijuana Producing Real Estate Opportunities

June 30th, 2015|Real Estate Law|

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 [...]

20 04, 2015

Carroll County, Maryland Statutory Requirements for Real Estate Contracts

April 20th, 2015|Real Estate Law|

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 [...]

27 11, 2007

New Recordation and Transfer Taxes on Transfer of Controlling Interest in Real Estate

November 27th, 2007|Real Estate Law|

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 [...]

1 05, 2007

Real Estate in the 2007 Maryland General Assembly

May 1st, 2007|Real Estate Law|

The 423rd session of the General Assembly of Maryland came to a close at midnight on April 9, 2007. During the 90 day session, a total of 798 bills gained final approval, along with two joint resolutions. The Senate of Maryland passed 346 bills and one joint resolution. The House of Delegates passed 452 bills [...]