People often consider opportunities to jointly own property with family, friends and business associates, but fail to consider how to properly structure the ownership of the property in order to avoid issues that arise over the long-term investment in real property. These concerns arise in a variety of ownership situations, ranging from business associates acquiring property for a new factory to family and friends owning property for recreational purposes. For example, a group of siblings may contemplate owning commercial property together in order to receive income from the ...
The COVID-19 Pandemic has touched every segment of society and has been equally harsh on tenants and landlords alike. Hopefully, recent declines in COVID-19 infections, increased vaccinations and yet another aid package from Congress will help end the crisis and provide some relief for both sides of real estate leases.
The American Rescue Plan Act (ARP), passed by Congress on March 10, 2021 and expected to be signed into law on March 12, 2021, is the latest in a variety of state and federal legislation offering some benefits for parties to real estate leases.
ARP includes a variety of ...