Real Estate

Dividing types of premises in Dutch rental law

By Joost Donkersloot, TeekensKarstens advocaten notarissen

Foreign investors wishing to lease premises or companies wishing to rent space (business space or housing for employees) are advised to be aware of the division that exists in Dutch law between leasing and renting. This division entails several differences in the legal rules of rent law.

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Real Estate

Structuring Business and Real Estate Opportunities in the U.S.

By Gary J. Freedman and Vanja Habekovic, Ervin Cohen & Jessup LLP

As the world’s economies continue to struggle making investments and seeking business opportunities internationally, a critical analysis of how to structure, finance, operate, grow and eventually liquidate the opportunity is imperative. Ambitious plans are often derailed or delayed and certainly made more costly, because at the outset the crucial aspects and phases in the life cycle of investments, whether real estate or business, have not been carefully considered.

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Real Estate

Luxury real estate in Venice

By Elena Moretti, Studio Dalla Libera & Partners

According to the Bank of Italy, the value of real estate is represented by "the estimated amount for which the property should be exchanged on the date of valuation between a willing seller and a potential purchaser. This is in accordance with normal market conditions after adequate sales promotion, in which the parties have acted with knowledge of facts, prudently and with no constraint.

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Real Estate

What are the consequences of buying a property in France? Focus on French inheritance tax

by Prof. Robert Anthony and Dr. Michael Annett, Anthony & Cie

In the last article we provided an introduction to the consequences of buying a property in France. Here we continue our analysis of the consequences of buying a property in France by developing the topic of French inheritance tax: France offers several options as to how property can be held, as property does not simply have to be owned directly in the names of the purchasers. It is also possible to own property through a French civil or commercial company. However, ownership of a French property by a commercial company can lead to financial nightmares, the issues relating to which invariably require the ownership to be restructured1.

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Real Estate

Green lease contracts: Good for the environment and profit

By Dr. Reinhard Nacke, FPS Rechtsanwälte & Notare

Ever more companies are trying to set themselves apart from their competitors through extraordinary commitments to sustainability in order to gain further market shares. For example, companies are using electric cars in their fleets, recycled paper and “save paper” messages in email correspondence. For a growing number of companies, this also includes concluding a green lease contract. In addition to the company’s external image, such a move is prompted by the desire to assume corporate social responsibility because there is a general feeling that we cannot rely solely on the state and non-profit organisations, but must also take responsibility ourselves.

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Real Estate

Rent Control in the United States

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By Olivia Lamoureux and Martin Daesch, Sandberg Phoenix & von Gontard

In the United States, rent control is not a popular regulatory concept. Indeed, other than landlocked New York City, the concept is almost non-existent and has been prohibited by statute in most states, while only four states and the District of Columbia recognize lawful rent control for cities that wish to adopt this regulation. Where rent controls exist, they have taken two forms. The first type is the "first generation rent control," which has caps on rents at an amount below market rates. The second type, called "second generation rent control," permits the rent amount to be chosen when a tenant moves into an apartment, but limits further increases so long as the tenant continues to occupy.

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Real Estate

Increasing interest from abroad to invest in the Dutch rental market

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By Joost Donkersloot, TeekensKarstens advocaten notarissen

There is increasing interest from abroad to invest in the Dutch rental market. Minister Block (Housing and Civil Service) confirmed that recently in the House of Parliament. "I receive those signals in discussions with market participants and investors," says Block . 'The Netherlands has the image of a reliable country and you can sense that there is perception that this is the time to take action." Of course also the Netherlands suffered from the effect of the economic crisis which has lowered prices for real estate. But there is a growing feeling that this now has come to a stop. This combination is said to be the cause of the increased interest. Of course, investors expect that the economic recovery will prevail and that prices will rise again.

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