Massachusetts City and Town ByLaws
by Here is collection of bylaws and ordinances available online for Massachusetts: Abington Acton Adams Agawam Amesbury (Zoning) Amherst Andover Arlington Ashburnham Ashby Ashby (Zoning) Ashland …
Category: Real Estate Space Blog Posts
Imported posts from my old Real Estate Space blog
New Law Liberalizes REIT Provisions
Last week, President Bush signed the Housing and Economic Recovery Act of 2008 [html] [pdf] into law. You have heard about all of the programs …
Office Building Classifications
I was poking around for a definition of Class A buildings and had a hard time finding a solid definition. In BOMA’s Building Class Definitions, …
Retail in Russia
In last week’s Wall Street Journal, there was an article on Developers Diversified Realty Corp.’s plan to expand into Russia: Mall Developer Targets Russia. I …
Update for Recording Fees for Multiple Transactions in a Single Document
The Massachusetts Real Estate Bar Association sent me a notice that: On July 13, 2008, Governor Patrick signed the FY 2009 budget which included outside …
Twitter and Real Estate
Dick Howe at the Middlesex North Registry of Deeds in Lowell has jumped into Twitter. You can see his page and follow him at http://twitter.com/lowelldeeds. …
Real Estate Opportunity Fund Performance
Stephane Fitch of Forbes.com put together a sensationalist piece on real estate opportunity funds: The Other Real Estate Disaster. Fitch puts together some interesting numbers …
Choice of Entity For Real Estate Ownership in Massachusetts
William V. Hovey published his regular column in Massachusetts Lawyer’s Weekly: Choosing the Best Real Estate Holding Entity. He discussed the entities in this order: …
You Can Construct a Sewer Line In Your Private Right of Way
Constructing a sewer line under a preexisting easement which allows for ingress and egress is permissible under Massachusetts General Laws c. 187, ยง 5. Massachusetts …
Mass. Lawyer’s Weekly Is Now Blogging
The Massachusetts Lawyers Weekly has launched a blog: The Docket. “Breaking stories and noteworthy information from the Massachusetts Lawyers Weekly newsroom. If it impacts Massachusetts …
REIT.com
NAREIT has collected a bunch of information and sites under one umbrella site: REIT.com. (Watch out for the music on the opening page!) According to …
Mapping Foreclosures in Massachusetts
The Boston Federal Reserve Bank has put together a great interactive map showing two decades of foreclosure activity in Massachusetts: Foreclosure Rates in Massachusetts Cities …
Model Real Estate Development Operating Agreement from the American Bar Association
The February 2008 edition of The Business Lawyer contains a report on Model Real Estate Development Operating Agreement with Commentary [pdf. ABA membership logon required]. …
Rev. Proc. 2008-28 and Foreclosure Relief for Securitizations
The Internal Revenue Service issued Revenue Procedure 2008-28 [.PDF ] which provides for the modification of certain mortgage loans will not jeopardize the favorable tax …
A Tale of Two Property Markets
While commercial property owners are worried about property market, much of the commercial property market remains stable or strong. In contrast, the residential market is …
Cities are Enacting Green Building Requirements
On Earth Day, the City of Los Angeles enacted a green building ordinance. According to the Sheppard Mullin Real Estate and Construction Law Blog: The …
REITs still have a Buy Rating
In another sign that the commercial real estate sector is not in the same trouble as the residential sector, many REITs still have good ratings …
Commercial Properties Are Not Selling
Yesterday, I posted that commercial property prices are still increasing. Of course that does not mean there are many properties selling at these prices. As …
Commercial Property Prices are Still Increasing
Even though residential property prices are dropping like rocks around most of the country, commercial properties are still holding their value. The press release on …
Triple-A Failure
There is a great article by Roger Lowenstein appearing in the Sunday New York Times Magazine: Triple-A Failure. It runs through the process for converting …