by Brian Huddleston | Jan 2, 2013 | Legislation & Case Notes, Real Estate Law
In the law to avoid the so-called “Fiscal Cliff” passed on New Year’s Day, Congress extended ?to January 1, 2014,?the exclusion from gross income of discharged mortgage debt from a qualified principal residence. ?See,?Section 202 of the American...
by Brian Huddleston | Nov 7, 2012 | Legislation & Case Notes, Real Estate Law
STATE QUESTION 758 — What it does: Reduces the cap on the maximum annual tax valuation increase for homestead properties and agricultural land from 5 percent to 3 percent. STATE QUESTION 759 — What it does: Bans preferential treatment (affirmative action)...
by Brian Huddleston | Oct 24, 2012 | Legislation & Case Notes, Real Estate Law
The Oklahoma Open Carry law goes into effect on Nov. 1. According to the Oklahoma Open Carry Association (OKOCA), the law means that: as of that date, ??it will be legal to openly carry a handgun in the State of Oklahoma. This means that any person with a valid...
by Brian Huddleston | Sep 10, 2012 | Legislation & Case Notes, Real Estate Law
?On March 15, 2012, HUD released a notice entitled “Protecting Tenants at Foreclosure Act: Additional Guidance on Notification Responsibilities Under Act with Respect to Occupied Conveyance”. This notice provides additional guidance on the notice, entitled...
by Brian Huddleston | Sep 7, 2012 | Legislation & Case Notes, Real Estate Law
Oklahoma residents seeking restitution under the mortgage settlement reached between the state?s attorney general and the nation?s five largest mortgage servicers must apply for benefits by September 13, 2012. The agreement between Attorney General Scott Pruitt and...
by Brian Huddleston | Aug 29, 2012 | Legislation & Case Notes
The answer to the above question depends on what rights the grandparents are seeking and the status of the parents of the minor children.? Depending on the circumstances, in Oklahoma grandparents may be granted visitation with their grandchildren, they may serve as...
