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The Uniform Relocation Assistance and Real Property Acquisition Policies Act (1970) ("URA") was passed by the U.S. federal government in 1970. It was intended to ensure fair compensation and assistance for those whose property was compulsorily acquired for public use under eminent domain law.
Affordable housing debates are rippling across the U.S., with other private-equity firms landing in the crosshairs of lawmakers after purchasing thousands of homes for longer-term rentals, often ...
As of Q1 2024, the average sales price of homes sold in the United States was $513,100, according to the Federal Reserve Bank of St. Louis. Housing prices across the board have been on a steady ...
The URA board unanimously asked Tam to stay, but she quit anyway, stating, "I find it totally unacceptable to position URA as a developer or a land assembly agent to supply land for developers." [ 25 ] Daniel Lam Chun was appointed interim managing director following Tam's resignation, with Wai Chi-sing taking up the position on a permanent ...
The modern trend in the U.S. is that the implied warranty of fitness for a particular purpose applies in the real-estate context to only the sale of new residential housing by a builder-seller and that the caveat emptor rule applies to all other real-estate sale situations (e.g. homeowner to buyer). [3]
A person acquires a "caveatable interest" (that means the buyer is entitled to place a caveat to defend that interest) when he/she purchase real estate. [5] The Registrar of Titles must notify the caveator before deal with the property. [5] It is important to note that the caveator should find the right time to place the caveat.
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g. in the case of conveyance one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
The Urban Redevelopment Authority of Pittsburgh (URA) [1] is the City of Pittsburgh’s economic development enterprise, committed to building a prosperous and equitable economy for the City. The URA helps bridge public and private interests to invest in financially viable equitable developments that promote housing affordability, economic ...