HUD-1 Settlement Statement proposed to be replaced with new closing disclosure *

USA - September 19 2012
In July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed, which created a new and independent regulatory agency known as the Consumer Finance Protection Bureau (CFPB). 

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Judgment creditor must file petition to fix fair market value to preserve deficiency *

USA - July 31 2012
It is extremely important for judgment creditors to file a petition to fix fair market value in order to preserve its right to pursue a deficiency judgment.

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If your property is condemned, you may be entitled to delay damages *

USA - July 26 2012
Did you know that if your property has been taken by the government, whether it be a total taking of your entire property in fee, or whether it be for an easement, you are entitled to just compensation and, possibly, delay compensation?

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Significant benefit to developers and landowners: PA governor signs further approval/permit suspension legislation *

USA - July 16 2012
Back on July 6, 2010, Governor Rendell signed the Fiscal Code Bill (Senate Bill 1042), providing, in part, for the automatic suspension, during the “extension period” (which begins after December 31, 2008 and ends before July 2, 2013), of approvals granted by a government agency for or in effect during the extension period, whether obtained before or after the beginning of the extension period. 

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Significant benefit to developers and landowners in NJ and PA: further approval/permit suspension legislation passed *

USA - July 13 2012
Both houses of the New Jersey Legislature have passed A-1338 (Act) -- a law that extends and modifies the Permit Extension Act of 2008.

Co-authors: Jack Plackter , Robert W. Gundlach, Jr..

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