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The commercial real estate attorneys from Snee, Mahoney, Lutche & Helmlinger discuss important trends to watch for this year. There are many factors that will ultimately affect the course of commercial real estate for this year, and unforeseen issues are always possible. Based on existing conditions, however, there are five potential trends to watch in 2015. 1. Increased capital flows.…
A Maryland Personal Property Return (Form 1) must be filed by all businesses that are incorporated, qualified or registered to do business in Maryland on January 1, 2015. This includes corporations, limited liability partnerships, limited liability companies, limited partnerships, statutory trusts, and real estate investment trusts. Form 1 is required even if your business owns no property in the State…
A mechanic’s lien is a process created by the Maryland legislature to allow subcontractors who have not been paid for work they have performed to expeditiously pursue collection of their delinquent accounts. Mechanic’s liens are typically asserted by subcontractors who have not been paid by general contractors. However, sometimes the property owner is also the general contractor. In other situations,…
The Court of Special Appeals has recently reinforced the notion that decisions made by homeowners associations’ boards of directors will not be disturbed on judicial review, absent a showing of fraud or bad faith. The Court previously addressed this issue in a 1992 decision, at which time it refused to overturn a decision that it determined was “within the exclusive…