Ohio Revised Code 319.203 allows each county in Ohio to adopt standards regarding governing conveyances of real property in Ohio. While most Ohio counties have very similar standards and rules, there are sometimes subtle differences, and it is incumbent on the parties...
Real Estate
Insurance Limits, Inflation and Skyrocketing Replacement Costs
Unexpected inflation and increasing replacement costs could combine to present an unpleasant surprise to your expectations for property insurance coverage in a time of need. Many tend to think of real estate properties as stable fixed assets, well-positioned against...
Ohio’s Top Securities Regulator Backs Restrictions on REIT Investments
The North American Securities Administrators Association (NASAA), a non-governmental organization that recommends securities regulations for state adoption, has published proposed rules that would limit the ability of individuals to invest in unlisted real estate...
Working With Appraisers in Property Tax Assessment Appeals
Recent turbulence in various market sectors is creating the need to sharpen analyses and understandings of property tax assessment valuations. In evaluating the need for real property tax assessment appeals, it is critical to understand the roles an appraiser can play...
City of Cleveland Moves Forward With Actions Impacting Lakefront and Cuyahoga River
Recent zoning and land use developments within the City of Cleveland indicate new thoughts and plans for action along Cleveland’s lakefront and riverfront. While Cleveland’s Lake Erie lakefront has long been the subject of speculation about what could be, the city has...
Notarizing Made Easier? Senate Poised to Pass Remote Notarization Act
Since the COVID-19 pandemic upended life as we knew it, the use of remote communication and collaborative technologies has become a permanent addition to everything, from schools to workplaces and everything in between. We have found ways to work remotely, learn...
Now Is the Time To Review Property Tax Valuations
Now is the time of year when counties are publishing, mailing or providing notices of property assessments as required by Ohio law. Ohio Revised Code 5715.17 provides that counties must give notice that valuation revisions have been completed and are open for public...
U.S. Supreme Court Limits EPA’s Authority to Curb Greenhouse Gas Emissions
In a 6-3 opinion, the high court struck a major blow to the United States Environmental Protection Agency (the EPA), ruling the EPA cannot provide states with the right to issue regulations reducing the amount of carbon dioxide emissions from existing power plants....
City of Cleveland Property Tax Abatement: The Study, Key Findings and Recommendations
The Study In the summer of 2019, Cleveland’s Office of Community Development and the Equitable Community Development Working Group commissioned a study (the “Study”) to identify the historic usage of the City’s Tax Abatement Program (the “Program”), as well as the...
Downtown vs. Suburban Offices: Commercial Office Space Leasing in a Post-COVID Market
Twenty-seven months ago, we couldn’t begin to comprehend the length or severity of the pandemic, nor its long-term effect on commercial office space. Today, it is still not possible to make an accurate prediction, but a few emerging puzzle pieces are helping to shed...