by Brian Huddleston | May 6, 2009 | Legislation & Case Notes, Real Estate Law
SC Chief Justice Issues TRO Regarding Mortgage Foreclosures On motion of the Federal National Mortgage Association (Fannie Mae), the Chief Justice of the Supreme Court of South Carolina issued a temporary restraining order regarding foreclosure actions that involve...
by Brian Huddleston | May 2, 2009 | Real Estate Law
A Forcible Entry and Detainer (“FED”) is an action that a landlord, or new property owner can take if the existing occupant refuses to leave after appropriate notice. This occupant could be either a tenant or original owner of property that was sold at a...
by Brian Huddleston | May 2, 2009 | Real Estate Law
The U.S. Bankruptcy Court for the Eastern Division of Virginia recently ruled that funds held by a Qualified Intermediary (“QI”) in connection with a tax-deferred exchange under IRC Section 1031 constitute property of the QI’s bankrupt estate.In...
by Brian Huddleston | May 1, 2009 | Legislation & Case Notes, Real Estate Law
Senate Bill 569, the Incorporation Transparency and Law Enforcement Assistance Act, sponsored by Senator Levin et al., requires the filing of corporation or LLC beneficial ownership information with the state filing office. This act among other things would also...
