Publications for Robert A. Hamor
On December 23, 2024, the United States Court of Appeals for the Fifth Circuit entered an emergency order overturning the December 3, 2024 nationwide preliminary injunction against the enforcement of the CTA. Presumably recognizing the impact of the lifting of the stay a few days before the January 1, 2025 deadline, FinCEN, only hours after the Fifth Circuit’s decision, published guidance extending some, but not all, filing deadlines.
Given these often conflicting interests, landlords must strategically plan and carefully negotiate lease terms that will allow them to mortgage leased property. This means taking the steps necessary to make a transaction appealing to a lender while reducing the risk that a tenant could hold a financing deal hostage.
Most commercial leases, like other business contracts, are filled with provisions (often called “boilerplate”) the parties to the contract pay little attention to; that is, until a dispute arises. At that point, these provisions become critical to the outcome.
Over the course of the coming months, we will be publishing a series of articles that discuss some of the common real estate, finance, and corporate issues that our clients face on a day-to-day basis.
In May 2017, the City of Detroit announced its intention to implement a city-wide effort to enforce tougher rental ordinance rules on landlords, including demanding that rental properties be registered and brought into compliance.