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Extension of Foreclosure and Eviction Moratorium Due to COVID-19

by Brian Huddleston | Sep 2, 2020 | Legislation & Case Notes, Real Estate Law

The Federal Housing Administration (FHA) announced another extension of its foreclosure and eviction moratorium through December 31, 2020 for homeowners with an FHA-insured single-family mortgage covered under the CARES Act. This extension means the FHA has now...

Why McGirt Does Not Affect Land Ownership

by Brian Huddleston | Aug 18, 2020 | Legislation & Case Notes, Real Estate Law

  Today, the reservation lands guaranteed to the five tribes in the 1866 treaty area are almost entirely owned by non-tribal members as private property. This is the legacy of the Oklahoma Enabling Act of 1906 as well as various Congressional allotment acts–or...

Webinar On Mortgage Forbearance for Landlords under the CARES Act

by Brian Huddleston | May 27, 2020 | Firm News, Legislation & Case Notes, Real Estate Law

Brian Huddleston, and Kristin Maun, Housing Coordinator for the City of Tulsa, presented an educational webinar on the mortgage forbearance and eviction moratorium provisions for landlords under the CARES Act. This webinar was recorded and we will post a link as soon...

CARES Act Impact on IRS 1031 Tax Free Exchanges

by Brian Huddleston | Apr 10, 2020 | Legislation & Case Notes, Real Estate Law

Late yesterday, the IRS issued Notice 2020-23, extending a variety of deadlines, including 1031 deadlines. Although the Notice is confusing, because it is not written like the typical Disaster Relief Notices, this Notice extends any 45-day or 180-day deadline that...

Landlords Beware: CARES Act Impact On Leases

by Brian Huddleston | Apr 10, 2020 | Legislation & Case Notes, Real Estate Law

The CARES Act includes a number of provisions affecting properties with federally backed loans (e.g., Fannie Mae, Freddie Mac, FHA, HUD, Section 8, VA and USDA). Specifically, a moratorium is in place preventing evictions of residential tenants. The key provisions...

Street Law: I am a Landlord, can I get COVID relief Too?

by Brian Huddleston | Apr 9, 2020 | Legislation & Case Notes, Real Estate Law

President Trump signed the Coronavirus Aid Relief and Economic Security Act (CARES Act) into law on March 27th. That Act included relief in the form of $349 billion for loans to small businesses through the Payroll Protection Program (“PPP”) administered...
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