Real Property

The term “real estate” generally refers to ownership or use of land. The Real Property section of FindLaw’s Corporate Counsel Center provides information on matters such as asset protection during a lawsuit, security interests in investment properties, and information on the historical tension between two competing forces: the need for new housing as the population grows, and the scarcity of adequate water supplies in many of the places where new communities are emerging. Understanding general real estate issues facing your business is of great importance for corporate counsel, regardless of the company’s specific industry. Read more about these and other subjects under Business Operations.

Property

Real Property Articles

Contractor: Beware of Subdivisions

If you perform work for developers of residential sub-divisions or builders of single-family homes, you may be cheated---legally---out of your rights to a mechanic's lien. Two Maryland Court of Appeals decisions, 302 Md. 270(1985) and et al., 333 ...
Read More »
Contracts for Life-time Employment Must be in Writing

The Illinois Supreme Court ruled recently that a contract for lifetime employment is not enforceable if it is not in writing. The decision sets Illinois apart from many other states on this issue. McInerney v. Charter Golf, Inc. McInerney alleged ...
Read More »
Cooley Alert: Fair Labor Standards Act Amended to Exclude Some But Not All Stock Option Compensation from Overtime Calculations

President Clinton has signed into law the Worker Economic Opportunity Act (the "Act") which amends the Fair Labor Standards Act (the "FLSA") to clarify that an employer must exclude compensation attributable to a stock option, stock appreciation ...
Read More »
Cooley Alert: Non-Competes-Stock Option Forfeitures

A recent decision of the U.S. Court of Appeals for the Ninth Circuit has prompted employers in California to consider whether to require an employee to forfeit stock option gains if the former employee goes to work for a competitor. This decision ...
Read More »
Cooperative and Condominium Law

In the past five years there have been radical changes in the field of cooperative and condominium law by legislation and judicial decisions at the Federal, State and local levels which have, and will continue to have, an impact upon the business ...
Read More »
Court Ruling Assists Investors

Investors who own rental properties should be pleased with a new decision by the California Supreme Court in the area of tort liability for claims made by tenants who suffer injuries due to allegedly defective conditions of products in the ...
Read More »
Courts Are Evaluating Restrictive Covenants in Physician Employment Contracts in Favor of Professional Mobility and Public Access to Care and Facilities

Reprinted with permission of THE HEALTH LAWYER The ABA Health Law Section As physicians' practice structures continue to evolve from sole proprietorships or small partnerships to larger integrated groups, physicians must be ever mindful of changes ...
Read More »
Courts Frown on Economic Development Condemnations in 2002

While municipalities and states continue to aggressively court private business by offering them other people's land, their efforts met with decidedly unfavorable results in the courts this year. In the first state supreme court decision in recent ...
Read More »
Critical Issues to Consider When Negotiating Water & Wastewater Concessions

Although traditionally the province of state and municipal authorities, a variety of forces have converged lately to create tremendous opportunities for private companies seeking to participate in the ownership and operation of water and wastewater ...
Read More »
Crop Loss Disaster Assistance Program Frequently Asked Questions (FAQ)

Last Updated: Tuesday, February 16, 1999 09:39:57 AM Crop losses must be directly attributed to adverse weather and related conditions. Applications will be accepted in the local Service Center Office beginning February 1, 1999 No. FSA will ...
Read More »