Gov. Mike DeWine signed into law the budget bill which establishes the Ohio’s state budget for the next two years (July 1, 2021-June 20, 2023). The budget creates several new programs and modifies existing programs that could provide significant financial support to...
Real Estate
White House Extends Eviction Moratorium Through July
The Biden administration has extended the nationwide ban on evictions by a month in an effort to help tenants who are unable to pay rent due to the pandemic. CDC Director Dr. Rochelle Walensky announced Thursday that the evictions moratorium, which had been scheduled...
COVID-19 Property Tax Relief Now Available to Ohio Property Owners
As expected, Governor Mike DeWine signed into law a bill that could provide significant relief for property owners whose property values were impacted by COVID-19 and related government lockdowns. SB 57 gives Ohio real property owners the opportunity to file...
Biden’s Infrastructure Plan Encourages Looser Zoning Rules to Ease Housing Shortage
The Biden Administration is attempting to address a nationwide housing shortage through a “carrot-only” approach to development. Included in the $2.3 trillion infrastructure plan is a roughly $213 billion affordable housing initiative, with a $5 billion grant program...
Bill to Provide Tax Relief for Ohio Properties Harmed by COVID-19 Passes Legislature
Both chambers of the Ohio legislature have passed Senate Bill 57, which aims to provide tax relief for property owners who have been harmed by the COVID-19 pandemic. This bipartisan legislation, which passed in the Ohio House and Senate with unanimous approval, is...
KJK Homebuilder Update: August Highlights & Key Issues
Industry metrics continue to signal that homebuilders are experiencing a strong summer. In order to continue the trend, homebuilders need to meet the demands of the market. As mortgage rates remain low and buyers place bids on homes sight unseen at record numbers, the...
Ohio’s New Notary Law Definitely Worth Noting
We’ve been getting some questions lately regarding the new notary law that recently went into effect in Ohio. The law (Ohio Senate Bill 263, the Notary Public Modernization Act) makes significant changes for Ohio Notaries Public and those who wish to become Notaries....
Your State Has Legalized Marijuana – Now What? Analyzing Marijuana in a Financial and Real Estate Context
By Amanda Lauer While the legalization of marijuana has become a hot topic in the news – in both a medicinal and recreational context – little attention has been given to how this legalization is impacted by both the financial and real estate industries. As the trend...
Even Church Can’t Save You From Wire Fraud
Just last month, two churches made national news when they became victims of a crime that is rapidly on the rise: wire fraud. The churches were both duped under similar circumstances that are becoming more and more common. Saint John XXIII in Milwaukee, Wisconsin lost...
A Greenhouse Is Not a Building
Ohio Board of Tax Appeals ruling on greenhouses could impact any property owner with “movable business fixtures” That old adage – “if it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck” – may hold true for waterfowl and a host...