The purchase/sale agreement is probably the most misunderstood, but most important document utilized in a real estate transaction. Some of the unwary mistakenly refer to the agreement as merely an “offer”, not understanding that if signed by (accepted by) the...
ODNR regulatory news: NOTICE TO WELL OWNERS re: tubular goods (3/31/2015)— The requirements of R.C. 1509.16 became effective March 31, 2015. The statute was enacted by Am. Sub. H.B. 59 of the 130th General Assembly. Well owners are required to file a disclosure form...
Reprinted with permission by author: Joel H. Schneider, Senior Vice President, Hilco Real Estate, LLC Owner-occupied real estate can be an untapped source of balance-sheet value for bankrupt companies. Such real estate assets provide a potential catalyst for exiting...
On March 24, 2015, the Ohio Supreme Court issued its decision in Fairfield Cty. Bd. of Commrs. v. Nally, Slip Opinion No. 2015-Ohio-991, in which the court held that -- A total maximum daily load established by the Ohio Environmental Protection Agency (OEPA) pursuant...
Spring is finally in the air and that means, among other things that the Ohio Legislature (https://www.legislature.ohio.gov/) is in session. The bills of the 131st General Assembly pending in the Ohio House and Ohio Senate related to real estate are as follows:...
From the “Disappointing But Not Surprising” desk of the Columbus Dispatch, an expose reveals how anti-LEED legislation in Ohio was “largely written by chemical industry lobbyists.” That legislation, Senate Concurrent Resolution 25 (SCR25), has been covered in...
Senior Counsel Stephen D. Richman wrote the article, “Watch Your Language with Commercial Leases,” for the March 3, 2014 real estate blog of Crain’s Cleveland Business. Courts typically will uphold language in a commercial lease, unless it is contrary to statutory law...
KJK's Senior Counsel Connie Carr's blog post was featured in Crain’s Real Estate eNewsletter: Own a smart phone or tablet? Below is a summary of some of the real estate apps available today, all of which offer a version for Apple devices, and most of which also offer...