By Cody Schlegel | Published March 31, 2020 | |
The novel coronavirus (COVID-19) has wreaked havoc on the world and our nation, casting widespread uncertainty and hardship in seemingly every corner of the economy. With many commercial tenants in dire financial straits – particularly those who rely upon customer interaction (i.e. retail, restaurant, and entertainment) – commercial landlords are susceptible to both short- and Read MoreRead More
In March 2020, our economy came to a screeching halt as COVID-19 swept through our countries, states, cities, and homes. Businesses have been ordered to close, and individuals told to stay home to stop the spread of the virus. National, state and local officials are taking necessary steps on a daily basis to protect businesses Read MoreRead More
In odd numbered years, Texas property owners associations (POAs) must consider any new laws affecting POAs that became effective following the Texas legislative session earlier that year. For 2019, a few such laws recently went into effect specific to residential POAs (but excluding condominium associations). HOUSE BILL 234 – Protection of Lemonade Stands House Bill Read MoreRead More
The State of Texas is a strong advocate for protecting property owners from the forced taking of land, including eminent domain, foreclosure or annexation. This year, the Texas Legislature enacted a bill that protects landowners for decades to come from forced annexation. In 1858, Texas passed the first statute allowing incorporation of a city under Read MoreRead More
There are many situations where attorneys must address a client’s co-ownership issues. The basis of a cotenancy relationship is each owner’s (non-exclusive) right to use, occupy and possess each part of the property. Cotenants may not exclude other cotenant owners from possessing, using or occupying the same part or parcel. Texas law recognizes three forms Read MoreRead More
Client: “I’m buying a foreclosure property.” Attorney: “OK, when is the sale?” Client: “Tomorrow” Attorney: “Have you completed any due diligence on the property?” Client: “Well…I drove past the property a couple of times.” Attorney: [after a long pause] “I am going to take that as a no.” What is a “foreclosure Read MoreRead More
The Strong Firm represents borrower in $42.3 million HUD construction loan for multifamily real estate development in Walton County, Florida.Read More
The Strong Firm acts as legal counsel for borrower in $32.1 million HUD construction loan for multifamily real estate development in Conroe, Texas.Read More
The Strong Firm aids borrower in $31.7 million HUD construction loan for multifamily real estate development in Nueces County, Texas.Read More
The Strong Firm represents borrower in the refinancing of a $3.57 million commercial mortgage-backed security for a commercial office facility in Montgomery County, Texas.Read More
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