Ohio Homestead Exemption Amendment Affects Judgment Lien Holders

By: Alan P. DiGirolamo Effective April 1, 2013, Ohio’s homestead exemption was amended to allow a homeowner to exempt up to $132,900 of equity in his or her home.  See, Ohio Revised Code Section 2329.66(A)(1)(b).  This is important to contractors,
>> Read More

Posted in Foreclosures, Homestead Exemption, Real Estate and Construction Law | Tagged Leave a comment

TWO WORD$

Two Words Image

By:  John Swansinger, Esq. “Condition precedent” is now perhaps the most important term in your Ohio construction subcontract following the Ohio Supreme Court’s recent decision in Transtar Electric, Inc. v A.E.M. Electric Services Corporation Slip Opinion No. 2014-Ohio-3095.  Ignore this
>> Read More

Posted in News, Construction Law, Real Estate and Construction Law | Tagged Leave a comment

Real Property Tax: Ohio Supreme Court Rejects Recency Presumption for Sale Occurring 29 Months Prior to the Tax Lien Date

By: Richard Fry Former R.C. 5713.03 required a county auditor to consider a recent arm’s-length sale in determining a property’s true value for real property tax purposes. “The best evidence of the true value in money of real property is
>> Read More

Posted in News, Real Estate Taxation, Real Estate and Construction Law | Tagged Leave a comment

Oral Representations in an “As-Is” Sale

Attorney Frederick M. Lombardi provides the following update on a recent decision involving an “as-is” sale of real estate: In an “as is” sale by a receiver, where the receiver orally represented to the purchaser plaintiff that the foreclosed car wash
>> Read More

Posted in Purchase Agreements, Real Estate and Construction Law, Cases | Tagged Leave a comment

Fear the Form! — Developments in Construction Contracts

Buckingham attorney John Swansinger presents the following article on construction contracts: One of the greatest days for any contractor, at any level, is when the words “WE WON THE BID…..WE WON THE BID!” are cast over the weary war room. 
>> Read More

Posted in Construction Law, Real Estate and Construction Law | Tagged Leave a comment

Disposition of Real Property and How Tax Can Be Avoided

The following article from Buckingham attorney Steven A. Dimengo discusses tax-avoidance strategies for the sale of real property. Contemplating the sale of real property held for investment or use in a trade or business but want to avoid paying any
>> Read More

Posted in Real Estate Taxation, Real Estate Finance, Taxation, Real Estate and Construction Law | Tagged Leave a comment

Attorney John Slagter Wins Planning Commission Approval for Car Dealership Project

Attorney John P. Slagter recently won approval from the City of Stow planning commission for an estimated $5 million in improvements to Marhofer Chevrolet. Read all the details here.

Posted in Real Estate and Construction Law | Tagged Leave a comment

Ohio Supreme Court Holds That Landlord Owes a Duty to a Tenant’s Guest to Provide Adequate Lighting

Attorney Frederick M. Lombardi provides the following update on an Ohio Supreme Court case concerning landlord liability: On February 12, 2014, the Ohio Supreme Court in the case of Mann v. Northgate Investors, LLC, held that a landlord owes a
>> Read More

Posted in Real Estate and Construction Law, Cases | Tagged Leave a comment

Ohio Supreme Court Issues Decision on Jurisdictional Defect in Tax Valuation Complaint

Attorney Frederick M. Lombardi provides the following update on a recent decision by the Ohio Supreme Court: The Ohio Supreme Court, in Shinkle v. Ashtabula Cty. Bd. of Revision, 2013-Ohio-397 (February 13, 2013), determined that the decisions by the Board of Revision
>> Read More

Posted in Real Estate Taxation, Real Estate and Construction Law, Cases | Tagged Leave a comment

Eighth District Court of Appeals Issues Guidance on Real Estate Tax Complaint Procedures

The Eighth District Court of Appeals for Cuyahoga County, in four separate cases, ruled on a variety of procedural points with regard to real estate valuation appeals: 1.         In Berea City School Dist. Bd. of Edn. v. Cuyahoga Cty. Bd.
>> Read More

Posted in Real Estate Taxation, Real Estate and Construction Law, Cases | Tagged Leave a comment