By Peter Fassl & Helmut Seitz, HSP Rechtsanwälte GmbH
Unfortunately, the pandemic has kept us in a chokehold for much longer than any of us would have expected roughly a year and a half ago. In this column, we are deliberately trying to give a few random thoughts on how to react to a situation in difficult times at short notice, while at the same time making sure that all adjustments add value to the real estate asset class in the future. This time, we want to give some thoughts on the topics of medicine and education.
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By Floris van Galen and Paul de Lange, TeekensKarstens advocaten notarissen
On 01 January 2022, the new Environment and Planning Act (Omgevingswet) will come into effect in the Netherlands. It is the largest legislative operation the Dutch government has ever undertaken.
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By Daniel Abrahams and Alastair Moss, Memery Crystal LLP
Real estate has historically been a deceptively simple asset; it is bought or sold, whether as a leasehold or freehold interest. The UK property market, however, is undergoing significant changes in demands. Both macro-economic and sociocultural factors are significantly changing just what it is that people require from property.
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By Helmut Seitz and Nadja Holzer, HSP Rechtsanwälte GmbH
The possibility of vaccination gives hope. Let us hope that reality will put an end to political failure and economic decline. But what to do about the real estate sector? Special times, special real estate!
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By Drew Emmert, DBL Law
A recent Ohio Supreme Court case recognised that the price paid for the transfer of a 100% equity interest in the LLC owning a 264-unit apartment complex in Columbus, Ohio, should be presumed to constitute the ad valorem tax value of the real estate owned by that entity. See Columbus City Schools Bd. of Edn. v Franklin Cty. Bd. of Revision, Slip Opinion No. 2020-Ohio-353.
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By Ferhan Yildizli, Financial Axis
Real estate investments are supported by Turkey in administrative regulation for foreigners. There are various advantages for investment that should be evaluated by investors. Therefore, these types of investments give opportunities such as:
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By Helmut Seitz and Nadja Holzer, HSP Rechtsanwälte GmbH
The coronavirus has got the world of real estate investment thinking about how to set sail when aiming at long-term success in the industry. Continuing our series on “outsidethe- box” investment ideas, in this issue, we turn our attention to commercial real estate.
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By Mario Kapp and Raffaela Lödl-Klein, KAPP & PARTNER Rechtsanwälte GmbH
Real estate often represents a substantial part of the assets of a person or company. If insolvency proceedings are opened against the owner’s assets, naturally the insolvency administrator seeks to keep the property within the insolvency estate. However, if the current debtor has only recently concluded a purchase contract regarding the property, the question arises as to whether the property remains in the debtor’s assets.
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By Prof Robert Anthony, Anthony & Cie
It is necessary to highlight to clients and readers who own property in France, certain necessities in today’s tax legislations. Many people refurbish properties and do not consider the consequences of their actions later on. It is necessary to maintain proper records indefinitely. Invoices need to be addressed to the owner of the property; if it is owned by a company, the records should be in the name of the company. Proof of payments, both invoices and bank payments, should be carefully saved.
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By Andrzej Tokaj, Penteris
In a world seemingly teeming with traps, and brimming with stumbling blocks, finding an elegant solution to the challenges we are all now facing can seem like a labyrinthine task. However, the solution could actually be simpler than might be expected.
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