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Affordable Housing Real Estate Transactions Property Owners

Ballard Spahr LLP

District of Columbia TOPA Reform Alert

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When District of Columbia Council Chairman Phil Mendelson introduced the Rebalancing Expectations for Neighbors, Tenants and Landlords (RENTAL) Act, there were high hopes that much needed reform to the Tenant Opportunity to...more

Saul Ewing LLP

Philadelphia Increases Realty Transfer Tax Rate to 3.578% Starting July 1, 2025

Saul Ewing LLP on

Effective July 1, 2025, the realty transfer tax rate for properties or acquired real estate companies sold in the City and County of Philadelphia will increase to 3.578%, in addition to the Commonwealth of Pennsylvania realty...more

Troutman Pepper Locke

Maryland Ramps Up Fair Housing Enforcement

Troutman Pepper Locke on

Maryland Attorney General (AG) Anthony G. Brown recently announced three settlements with real estate and property management companies, resulting in more than $310,000 in combined civil penalties and restitution. Brown...more

Ballard Spahr LLP

TOPA Reform Alert

Ballard Spahr LLP on

As reported in our April 2025 Alert on March 3, 2025, DC Council Chairman Phil Mendelson introduced the Rebalancing Expectations for Neighbors, Tenants, and Landlords (RENTAL) Act (B26-0164), which includes proposed...more

Offit Kurman

New D.C. Law on Pet Fees & Policies – What to Know for October

Offit Kurman on

The newly enacted Pets in Housing Amendment Act of 2024 D.C. law will impose significant new limits on pet-related fees and restrictions for rental housing providers. For leases starting on or after October 1, 2025: You may...more

Vorys, Sater, Seymour and Pease LLP

The Evaluator - Winter 2025: Nationwide Valuation Headlines

Filmore Parc Apartments II v. Norman White, et al., Case No. 2024-CA-0475 (La. App. 4 Cir. 2/14/2025). Last month, a Louisiana appellate court determined that an apartment complex’s affordable housing units were not eligible...more

Hogan Lovells

UK Leasehold Reform: Commonhold is coming

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Commonhold is a form of freehold ownership, where each unit holder owns their own unit (which could be a flat, shop or office unit), and together they own their communal areas through a “commonhold association” - a company...more

K&L Gates LLP

The Rules That Apply to Foreign Persons Purchasing Established Homes in Australia are Going to Change on 1 April 2025...So, You...

K&L Gates LLP on

The Hon. Jim Chalmers MP, Federal Treasurer and the Hon. Clare O'Neil MP, Minister for Housing, Minister for Homelessness issued a joint media release on 16 February 2025 titled "Albanese Government clamping down on foreign...more

Lerch, Early & Brewer

Montgomery County Enacts Sweeping Right of First Refusal Changes

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Under existing law in Montgomery County, Maryland, any time covered multifamily property is sold in the County, the County (acting through its Department of Housing and Community Development (DHCD)), the Housing Opportunities...more

Bowditch & Dewey

Boston’s Effort to Create and Preserve Affordable Housing: Real Estate Transfer Fees and Senior Property Tax Relief

Bowditch & Dewey on

In a further effort to create and preserve affordable housing, the Massachusetts House of Representatives recently advanced House Bill 4637, “An Act Relative to Real Estate Transfer Fees and Senior Property Tax Relief” (“H.B....more

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