Notice of Increased Real Estate Tax Assessments

Notices of Increased Real Estate Tax Assessments in the City of Philadelphia The Office of Property Assessment, starting in April, has sent owners of commercial and industrial properties in Philadelphia notices of reassessment of property values. This involved a thorough analysis of some of Philadelphia’s most complex and high-valued parcels, […]

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Changes affecting Commercial Powers of Attorney in Pennsylvania

On October 4, 2016, Governor Wolf signed into law House Bill 665 (Act 103 of 2016) which clarified certain sections of the Pennsylvania power of attorney law that went in effect on January 2, 2015 (Act 95 of 2014). The changes were aimed at correcting issues with commercial powers of […]

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Changes to Power of Attorney Law

On July 2, 2014, the General Assembly of the Commonwealth of Pennsylvania enacted Act 95 which amends Title 20 (Decedents, Estates and Fiduciaries) of the Pennsylvania Consolidated Statutes. Act 95, amongst other modifications, provides for the form of power of attorney, for the implementation of the power of attorney and […]

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Due Diligence-Commercial Property

Generally, a buyer will purchase commercial property in its “as-is”, “where-is” and “with all faults” condition.  The two biggest protections the buyer has when purchasing a property is the representations and warranties of the seller set forth within the agreement of sale, and the ability of the buyer to perform […]

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Condominium Association Pitfalls

Real Estate – Condominium or Homeowners’ Association Operating Pitfalls Must the Association hold formal meetings, adopt formal resolutions and keep formal minutes?  Are our rules and regulations enforceable?  Do changes in our rules and procedures require formal amendment of our governing documents?  Can portions of our governing documents be unenforceable […]

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New Lease for my Business

Real Estate – New lease for my business Why can’t I just sign the landlord’s form lease? Who should make various repairs to the premises? What can happen if the landlord is not satisfied with my repairs? Do I have the right to alter the premises and install fixtures and […]

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