Editor’s noteBy Gary R. GehlbachReal Estate Law, February 2006On November 5, 2005, the federal Environmental Protection Agency published its Final Rule for Standards and Practices for All Appropriate Inquiry under the Environmental Protection Act.
An early autumn miscellanyBy Gary R. GehlbachReal Estate Law, October 2005As fall begins, we look forward to reports from the Internal Revenue Service about changes in the standard mileage rate, the annual gift tax exclusion, the special use valuation rate (which, incidentally, plays a role in farmland assessed valuations), and other minutiae. In this issue we have some early answers and projections.
Editor’s noteBy Gary R. GehlbachReal Estate Law, October 2005With apologies for the tardiness of this issue (which, if timely submitted, would have featured a late summer miscellany rather than an early autumn miscellany), this issue presents a wide range of topics, with the hope that readers will find several of interest.
Editor’s noteBy Gary R. GehlbachReal Estate Law, December 2004A frequent occurrence for real estate practitioners is that a survey is produced for a transaction, typically, for me at least, a farm transaction, and the fence lines are at odds with the boundaries determined by the surveyor.
Editor’s noteBy Gary R. GehlbachReal Estate Law, November 2004Your client, a local contractor, calls with an urgent problem. His subcontractor, a local excavator, just poured the basement for a new residence that your client is building.
Editor’s noteBy Gary R. GehlbachReal Estate Law, September 2004This issue contains some helpful reminders for real estate practitioners.
A late summer real estate miscellanyBy Gary R. GehlbachReal Estate Law, September 2004The ebb and flow of real estate transactions produce various and sundry issues that may be applicable to transactional attorneys.
Editor’s note and commentsBy Gary R. GehlbachReal Estate Law, June 2004With the frenetic pace of most of our lives, roughly balancing families, friends, civic and other commitments with law practices that seem to become more "virtual" every day, the notion of professionalism is often a distant concept.
Editor’s noteBy Gary R. GehlbachReal Estate Law, March 2004After a lengthy hiatus for which we apologize, the Real Property newsletter is back. We do need articles, however, as they are still the lifeblood of this publication.
Editor’s noteBy Gary R. GehlbachReal Estate Law, October 2003This is an all-star issue, with articles by Samuel Levine, Jack Murray and Dick Bales! Regular readers will recognize these experts from prior issues and numerous other real estate publications.
Insurer uses termites to pursue home sellerBy Gary R. GehlbachReal Estate Law, October 2003Evidence that sellers of a residence concealed active termite infestation was sufficient for the buyers' homeowners' insurance company to collect from the sellers.
Editor’s notesBy Gary R. GehlbachReal Estate Law, September 2003If your practice involves any tax-deferred exchanges of real property, the first article in this issue is a must read. Internal Revenue Code § 1031(f), read literally, provides that if a taxpayer exchanges like-kind property with a related party, the tax deferral will be denied if the property acquired from or transferred to the related party is disposed of within two years.
Editor’s notesBy Gary R. GehlbachReal Estate Law, August 2003A topic that many of us would rather avoid is attorney billing practices. G. A. Finch, a former member of the Real Estate Law Section Council, has shared an excellent article that should help all of us be more effective when billing.
Editor’s notesBy Gary R. GehlbachReal Estate Law, June 2003The real estate bar has lost a true friend and perhaps its most ardent educator. Harold I. Levine passed away in May following an illness.
Editor’s notesBy Gary R. GehlbachReal Estate Law, February 2003We are starting this issue with a short quiz. Did you pass the quiz in the previous issue?
U.S. Supreme Court rules tax lien effective against half of tenancy by the entirety propertyBy Gary R. GehlbachCommercial Banking, Collections, and Bankruptcy, February 2003In a decision decided April 17, 2002, the United States Supreme Court found that a person's interest in real estate as a tenant by the entirety with his wife was no bar to a federal lien against the husband's interest only.
Editor’s notesBy Gary R. GehlbachReal Estate Law, March 2002The success of this newsletter depends on the efforts and dedication of the members of the Real Estate Law Section Council as well as the readers.
The reverse exchange: “parking” breeds a new acronymBy Gary R. GehlbachReal Estate Law, January 2001Finally, when the client calls who is ready to acquire a parcel of real estate before he or she has a buyer for the property he or she is selling, and the client insists on avoiding capital gain with a trade for like-kind property, we can structure the exchange with confidence.
Editor’s notesBy Gary R. GehlbachReal Estate Law, June 1999This issue contains five excellent articles. The first, by Ed Jarot, is an important note on pending Illinois legislation regarding land trusts and of particular interest to attorneys who wish to return to using Illinois land trusts for family gifting purposes, especially to reduce potential taxable estates through annual exclusion gifting.
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