News & Analysis as of

Tenants Rental Property Housing Market

Hahn Loeser & Parks LLP

Chicago’s Tenant Opportunity to Purchase Ordinance Takes Effect on Northwest Side

The city of Chicago’s recently established Tenant Opportunity to Purchase (“TOP”) program for rental buildings on the city’s northwest side is now being enforced as of March 1, 2025, by the Department of Housing. The program...more

Hogan Lovells

The politics of housing: Changes to UK residential property law - beware the law of unintended consequences

Hogan Lovells on

The last government made significant changes to leasehold including banning new leasehold houses through the Leasehold and Freehold Reform Act 2024. The current government has indicated it will go even further through the...more

DLA Piper

Chicago establishes Tenant Opportunity to Purchase program on northwest side

DLA Piper on

The Chicago City Council recently established a Tenant Opportunity to Purchase program for rental buildings on the city’s northwest side. Billed by the city as an anti-gentrification measure, the program gives tenants a right...more

Mayer Brown

Hong Kong Policy Address 2024 – Measures Affecting Rental Accommodation

Mayer Brown on

With the Government’s push to attract talents to Hong Kong in the past years, rental accommodation has become a hot topic in the city, whether under the auspices of student accommodation, talent housing, workers dormitories...more

Ballard Spahr LLP

Multifamily Update-Rent Control Portal, Eviction Reforms, Shelf and Conversion Condos, BEPS, Vacancy Control, Just Cause...

Ballard Spahr LLP on

On the multifamily front, transactions are picking up. The benefits of the interest rate cut by the Fed are offset somewhat by the increasingly complex legal and regulatory environment impacting multifamily properties,...more

Lerch, Early & Brewer

Rockville and Montgomery County Take Differing Approaches to Rent Stabilization

Lerch, Early & Brewer on

The City of Rockville and Montgomery County are addressing affordable housing with differing approaches. Both jurisdictions took action on rent control this summer, with plans for future legislation or applicable regulations...more

Ballard Spahr LLP

National Rent Control, Prince George’s County Enacts New Rent Control, Montgomery County Poised to Adopt Regulations for Rent...

Ballard Spahr LLP on

Rent control continues to be headline news, with local legislation being enacted and national legislation being proposed. The rent control law in Prince George’s County was enacted yesterday and it appears that the rent...more

Ballard Spahr LLP

Maryland Rent Control, DC Lease Assignment Tax, and Increased Indemnity Deed of Trust Threshold

Ballard Spahr LLP on

Rent control laws continue to evolve in Montgomery and Prince George’s Counties. The rent control law enacted last year in Montgomery County will become effective once regulations are adopted. Our recent Alert discussed these...more

Ballard Spahr LLP

Proposed Rent Control Regulations Under Review by the Montgomery County Council

Ballard Spahr LLP on

On Friday, June 14, 2024, the Montgomery County Department of Housing and Community Affairs (DHCA) delivered proposed regulations to the Montgomery County Council (Council) for review and consideration. The proposed...more

Troutman Pepper Locke

HUD Issues Guidance on Applicability of the Fair Housing Act to Tenant Screening and Housing-Related Advertising That Relies Upon...

Troutman Pepper Locke on

On May 2, the U.S. Department of Housing and Urban Development (HUD) released two sets of guidance addressing the applicability of the Fair Housing Act (FHA) to two areas where, in the agency’s view, algorithmic processes and...more

Holland & Knight LLP

Changes to New York's Housing Laws: What You Need to Know

Holland & Knight LLP on

New York state has enacted changes in the housing laws that will have a significant impact on the development and operation of multifamily housing in New York City and the state, and will also ameliorate the effects of...more

Sheppard Mullin Richter & Hampton LLP

Status of California Rent Control Reform

It seems like year-after-year, attempts are made to reform or repeal California’s rent control regulations, namely the Costa-Hawkins Rental Housing Act (Civ. Code §§ 1954.50 et seq.) (Costa-Hawkins Act). 2024 has proven to be...more

Adler Pollock & Sheehan P.C.

The Potential of Rent Control in Rhode Island

In 2023, Providence had the largest year over year residential rent increase compared to every other major U.S. city. Rising rental rates are not isolated to the Ocean State. Median residential rent prices increased in cities...more

Ballard Spahr LLP

D.C., Maryland Multifamily Housing Update: Prince George’s County Rent Control, Montgomery County Tenant Protections, Montgomery...

Ballard Spahr LLP on

There have been a number of new regulatory developments since our prior Alert, including updates on Prince George’s County rent control, Montgomery County tenant protections, Montgomery County Right of First Refusal (ROFR)...more

Ballard Spahr LLP

Prince George's County Rent Control Extension/BEPS/Montgomery County Rent Control Updates

Ballard Spahr LLP on

Our recent Alert focused on the D.C. Housing in Downtown program, the Montgomery County Right of First Refusal legislation, rent control in Montgomery and Prince George’s Counties, the SCOTUS rent control challenge denial,...more

Ballard Spahr LLP

ROFR Law, HID Tax Abatement, Rent Control Laws and Regulations, and SCOTUS Update

Ballard Spahr LLP on

Our recent Alert included details and updates on new Montgomery County rent control regulations, an expanded right of first refusal (ROFR) process, and our related advocacy efforts....more

Ballard Spahr LLP

Proposed Rent Control Regulations Raise Many Questions

Ballard Spahr LLP on

As noted in our prior Alert, the Montgomery County Department of Housing and Community Affairs (DHCA) published draft regulations on February 1 to implement the County’s new rent control law. By its terms, the rent control...more

Ballard Spahr LLP

Rent Control Regulations and Federal Legislation Alert

Ballard Spahr LLP on

If you have been following our recent Alerts, you are aware that the multifamily industry has been subject to a series of chilling legislative actions and proposals. Today’s Alert focuses on two very recent high-profile...more

Ballard Spahr LLP

CFPB issues two new FCRA advisory opinions on background screening reports and disclosure of credit files to consumers

Ballard Spahr LLP on

On January 11, 2024, the Consumer Financial Protection Bureau (CFPB) issued two new advisory opinions: Fair Credit Reporting; Background Screening and Fair Credit Reporting; File Disclosure. The advisory opinions are part of...more

Ballard Spahr LLP

DMV Multifamily Update

Ballard Spahr LLP on

On the multifamily front, 2024 is off to a fast start. Notwithstanding high interest rates and a challenging regulatory environment, multifamily transactions continue. As a follow-up to our most recent Alert, below are some...more

Ballard Spahr LLP

DC/Maryland Multifamily Alert

Ballard Spahr LLP on

Happy Holidays to all. We are still hopeful that Santa brings everyone some relief from rent control and other multifamily restrictions (we heard that the new BEPS Regulations preclude Santa from leaving coal for legislators...more

Bennett Jones LLP

British Columbia Passes Bill 35, Advancing the Homes for People Action Plan and Addressing Short-Term

Bennett Jones LLP on

On October 26, 2023, Bill 35, the Short-Term Rental Accommodations Act received royal assent. Bill 35 was introduced as part of the NDP’s Homes for People Action Plan to combat the housing crisis and intends to regulate...more

Ballard Spahr LLP

November Multifamily Alert

Ballard Spahr LLP on

As a follow-up to our recent alert, here are some updates on regional and national legislative activity impacting real estate...more

K&L Gates LLP

BTR Series Part 7: Residential Sector—Impacts on the Home Ownership Market and Other Sectors Such as Retirement Living

K&L Gates LLP on

In Part 7 of our build to rent (BTR) Series, we take a look at the current BTR market in Australia and the potential impacts of BTR developments on the residential sector....more

K&L Gates LLP

BTR Series Part 6: Residential Tenancy Benefits - What Are the Benefits to Occupants?

K&L Gates LLP on

It is common understanding that the Australian Government has historically resisted policy changes to reduce tax barriers to a successful build-to-rent (BTR) sector, for fear of being viewed as favouring institutional and...more

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