Most Pennsylvania property owners are aware that, if their property is taken by a public agency under the power of eminent domain, they are entitled receive just compensation for their real estate. Just compensation is most often defined as the "fair market value of...
Month: August 2015
Crowdfunding for commercial real estate investments
Residents of Philadelphia may have heard a new term being thrown around with regards to commercial real estate investments: crowdfunding. Crowdfunding utilizes the Internet to allow a person to raise and pool capital from a number of small investors. These small...
Philadelphia’s refusal to pave road provides no basis for damages
Virtually every owner of commercial real estate in the city of Philadelphia is aware of the prohibition on the taking of private property without due compensation. This prohibition - which is contained in the Fifth and Fourteenth Amendments to the United States...
Reverse mortgage can be trap for surviving spouse
One of the most innovative and appealing developments in the law of residential real estate in the last thirty years is the so-called "reverse mortgage." Instead of providing money to purchase a home, a reverse mortgage allows home owners to convert a portion of their...
