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Avoid Common Real Estate Document Mistakes Creating a legal document? Congratulations! And don’t hurry. Attention to punctuation, grammar, and formatting can make a serious difference, both in asset ownership and in estate planning. Checking a legal instrument carefully is essential.
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Are Millennials Really Supercharging the Real Estate Market?
And What’s All This Talk About Rate Hikes? In a Wall Street Journal article titled Millennials Are Supercharging the Housing Market, millennials — many of whom are just now jumping into the market — account for more than half of…
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When Condo Associations and Free Speech Rights Collide
Do Condo Owners Give Up Freedom of Expression? Covenants and restrictions keep condominium properties safe, neat and tidy. But sometimes they irritate HOA members or potential buyers. Sometimes they even chill freedom of expression. The matter of chilling came up…
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3D Building Trend Ramps Up to Meet Housing Shortage
From Habitat for Humanity to Lennar A Virginia resident has moved into a new, 3D-printed home. It’s a milestone for Habitat for Humanity in the United States. The company Alquist 3D built April Stringfield’s home on behalf of Habitat for…
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Why Blockchain Real Estate Could Reach an Inflection Point in 2022
A Hint at Regulation to Come No pain, no gain. The adage rings true at the gym, and it’s also an apt description for real estate transactions. Is any legal milestone loaded with more bureaucracy, more back-and-forth questions, more legions…
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San José Jumps to Apply California’s New Housing Density Provisions
New Year; New Law In the heart of Silicon Valley, San José is working to attract new residents and new businesses. To most of the city’s council members, California’s pro-density bill looks like it could be just the ticket. It…
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Cash Home Purchases Draw Renewed Federal Scrutiny
Anti-Money Laundering Update The U.S. Treasury Department is gearing up to expand oversight of real estate deals for cash. The Treasury Department has issued notice, through its Financial Crimes Enforcement Network (FinCEN), of a proposed rule to deal with money…
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Buying Homes in Argentina…With Cryptocurrency?
Cryptocurrencies such as bitcoin are becoming money in Argentina. In May 2021, the massive e-commerce firm Mercado Libre started enabling people to buy Argentina real estate with bitcoin. At that time Argentina’s real property could only be paid for in…
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Does Crime Data Have Any Place on Real Estate Sites? Here’s the Debate
Should sites like Redfin.com, Realtor.com, and Trulia.com have crime figures on their websites for home shoppers? Here are the arguments now being made on either side of the question. We start with a brief rundown of specific real estate sites…
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2021 Is a Wrap—And What a Phenomenal Year for Real Estate!
The U.S. housing market lifted sale prices to new highs in 2021. Remote work, which surged in 2020, really settled into accepted custom in 2021. Our new way of working became central to the way we choose our homes and…
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Houston: The Zoning-Free City. Right?
Some interesting real estate law news has come from Texas. In 2021 the Texas Supreme Court said Houston may regulate some development, without breaking the city’s unusual no-zoning rule. Wait. Houston has a no-zoning rule? And the state’s high court…
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Crypto at the Beach: Puerto Rico’s Blockchain Buzz
Puerto Rico is welcoming residents from the mainland in record numbers. For years running, financial tech startups have set up headquarters in Puerto Rico, so the growing list of newcomers from the mainland reads like part of the tech sector…
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California Targets Unfair Appraisals
2021 Fair Housing Law Roundup Diversity, inclusion and fairness are key goals for today’s real estate industry. Biased appraisals thwart these goals. To help remediate the problem, California enacted Assembly Bill 948 on Sep. 28, 2021. Under the new law,…
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Ring In the New: Home Buying Trends for 2022
Will 2022 Be Better for Buyers? Home sellers did very well in 2021. There was just one rub. Most people who sell also want to buy. And homes were very expensive. Some boomers who would normally be downsizing now, and…
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Losing the Family Home to Partition Law
When Strangers Divide Inherited Land An Asheville Watchdog investigation, as reported by the Citizen Times, painted a very grim picture of partition law in North Carolina this year. Also known as the forced sale, the partition law in most states…