Tag Archives: insurance

Landlords, let’s be reasonable: otherwise you might pay the price

Landlords take note, on the back of a recent case, you face an increased risk that tenants will challenge costs which they are responsible for in a lease. The case in question related to tenants’ challenge of insurance costs the Tribunal found in favour of the tenants, because the costs incurred were considered to be … Continue Reading

(US) Does your condo insurance really insure you?

By Robert Diamond on 26 October 2016 Posted in Real Estate (U.S.)

In a recent Washington Post article titled “Don’t be confused when it comes to condo insurance,” Robert Diamond of Reed Smith’s Tyson office offered his observations on the complexities of condominium insurance coverage. In some jurisdictions, when a unit owner is found to be negligent — such as when a bathtub overflows or there is a kitchen … Continue Reading

(US) A Rising Tide For Waterfront Development in Pennsylvania

By Michael Kostiew on 19 July 2016 Posted in Real Estate (U.S.)

Pennsylvania organizations hoping to increase development of public amenities and parks along Pennsylvania’s waterfronts may soon benefit from the new “Waterfront Development Tax Credit” enacted as part of Act 84, and signed into law by Governor Wolf on July 13, 2016. Intended to “encourage private investment in waterfront property”, the new law grants tax credits … Continue Reading

(US) Not All Title Companies Are Created Equal: Choosing Wisely

By Micheal Sanchez on 30 October 2014 Posted in Real Estate (U.S.)

Selecting a title company for a transaction is influenced by a number of factors, including the level of customer service, responsiveness and sophistication (particularly when dealing with complex commercial transactions). Knowledgeable and responsive escrow officers and underwriters can facilitate closings tremendously. However, underwriting guidelines may adversely affect an underwriter’s ability to deliver an acceptable title … Continue Reading

(US) Subrogation Waivers: They Can Protect Both The Landlord and Tenant

By Jennifer Magalhaes Cuddy on 9 September 2014 Posted in Real Estate (U.S.)

Subrogation is the principle under which an insurer that has paid a loss under an insurance policy is entitled to all of the rights and remedies belonging to the insured against a third party with respect to any loss covered by the policy. In simple terms, subrogation means substitution of one person for another. Subrogation … Continue Reading

(US) Pop-up Shops: Here Today, Gone Tomorrow

By Siobhan Hayes on 7 August 2014 Posted in Real Estate (U.S.)

This entry was written by Lesley Vars and Leah Speckhard Recent years have seen the increase in popularity of pop-up shops as solutions for landlords in need of cash flow. Retailers like pop-ups as a chance to test the waters before signing a long-term lease or to sell seasonal merchandise. Pop-up shops began to take … Continue Reading