Real Estate

Should Commercial Real Estate Be Part of Your Investment Portfolio? An Interview with Ron Kaufman

Bruce A. Mann

Ron Kaufman, CEO of The Ron Kaufman Companies, a San Francisco-based company specializing in investment, development, and rental or sale of commercial real estate for private investors, discusses whether and how to invest.

Practice Management

Caught in the Middle: Tips for Real Estate Professionals Representing Divorcing Spouses

Jessica Bank Interlandi

Representing a husband and wife during a divorce proceeding may place the real estate professional in the unenviable position of referee and confidante.

Real Estate

FinCEN Continues Emphasis on “Know Your Customer” Money Sources – This Time, Secret Real Estate Buyers

On January 13, FinCEN announced new rules targeting secret buyers of high-end real estate properties. From March 1 through August 27 of this year, FinCEN is requiring U.S. title insurance companies to report the identity of the beneficial owners of LLCs and other shell companies who exclusively use cash to purchase high-end real estate in two locations—Manhattan and Miami. This is the first time the federal government is requiring real estate companies to disclose the identities of purchasers in all cash transactions.

The “Charming Head” of the Rule Against Perpetuities

David H. Fishman and Edward J. Levin

This article demonstrates why the application of the Rule Against Perpetuities to purchase options under commercial leases continues to be useful if the purchase price in the option clause bears no relation to current market value of the property.