Main Menu
Parker McCay Blog
Posts tagged Real Estate.
By Christopher R. Sullivan on November 11, 2019
Due Diligence Issues in Commercial Real Estate Transactions Part III:  Clearing Tax Sale Certificates from Title

Engaging a reputable title company to assist with due diligence is one of the key components of any commercial real estate transaction. 

By Christopher R. Sullivan on September 30, 2019
Due Diligence Issues in Commercial Real Estate Transactions, Part II: Impacts of a Tax Sale Certificate on Property Ownership

In Part I of this series, we examined what Tax Sale Certificates ("TSC") were and how they are acquired in New Jersey. In this Part II, we will explore what a holder of a TSC can do to maintain priority lien position on the property as well as how it can acquire title to the property in question. 

By Christopher R. Sullivan on August 22, 2019
Due Diligence Issues in Commercial Real Estate Transactions, Part I:  Acquisition of a Tax Sale Certificate

New Jersey law requires property owners to pay property taxes and other municipal charges relating to their real estate holdings. These charges can include water, sewer and other special assessments or utilities impacting the property.

By Christopher R. Sullivan on July 11, 2019
New Jersey Legislature's Modifications to 'Airbnb Tax' Pass the Assembly

In a previous blog post we discussed the unintended consequences and proposed legislative corrections to New Jersey's 11.65% tax on short-term rental properties located within the State (referred to colloquially as the "Airbnb Tax"). Since then, the competing bills were consolidated and on June 27, 2019, the Legislature voted 74-0-1 in near unanimous favor of the revised Assembly Bill 4814 (“AB 4814”). 

By Christopher R. Sullivan on April 16, 2019
NJEDA Expands Brownfields Loan Program to Incentivize Projects Targeting Under-served Communities

On April 9, 2019, the New Jersey Economic Development Authority (NJEDA) authorized the creation of a revised Brownfields Loan Program (the "Program") to provide low-interest financing to borrowers in an effort to facilitate remediation of vacant or underdeveloped brownfields sites and return such sites to full and productive use, particularly in the under-served communities within the State. The Program is an expansion of the NJEDA's existing Brownfields Loan Program. 

By Jeffrey D. Winitsky on August 16, 2018
Positive Changes to Sewer and Water Connection Fee Laws for Redevelopment Projects

A recent change in the law now allows for all types of affordable housing development projects to get credits and reductions for sewer and water connection fees. Shareholder Jeffrey Winitsky explains. 

Subscribe for Updates
Subscribe to this blog's feed

Categories

Back to Page