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New Maryland Real Estate Laws from the 2020 Legislative Session

Green Building Law Update

Ground Leases. The General Assembly passed several bills relating to ground leases during the 2020 legislative session. The redemption or extinguishment of the ground rent is effective to conclusively vest a fee simple title in the ground lease tenant when the ground lease tenant records the certificate in the county land records.

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Tenant’s New Defense to Hazardous Substance Liability

Green Building Law Update

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. The cases interpreting CERCLA make clear that the mere execution of a lease does not necessarily make a tenant liable as an owner or operator under the law. 9601 et seq.,

Liability 149
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Phase l Assessments for Tenants are the Hottest Environmental Issue in 2020

Green Building Law Update

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. The potential applicability of the BFPP protection to a tenant who leases contaminated or formerly contaminated real estate has been the subject of debate for the decades since the CERCLA’s enactment.

Liability 156
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I Just Read my 1000th Phase I Environmental Site Assessment this Year

Green Building Law Update

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. The potential applicability of the BFPP protection to a tenant who leases contaminated or formerly contaminated real estate has been the subject of debate for the decades since the CERCLA’s enactment.

Site 156
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Tenants Order Phase l to Avoid Hazardous Substance Liability

Green Building Law Update

The Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA, commonly referred to as Superfund), 42 U.S.C. The cases interpreting CERCLA make clear that the mere execution of a lease does not necessarily make a tenant liable as an owner or operator under the law. 9601 et seq.,

Liability 120
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HRECs in a Phase l are Not Recognized Environmental Conditions

Green Building Law Update

A properly drafted Phase I can create huge dollar advantages serving as a marketing piece in an associated real estate transaction, be it a sale, a lease or a loan secured by real estate or., And in another blog post last month, I wrote, I Just Read my 1000 th Phase I Environmental Site Assessment this Year.

Liability 156
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What Is a Certificate of Insurance (COI) for Contractors — and When Do You Need One?

Levelset

Most COIs give information on general liability insurance, but can also be used to show proof of commercial automobile or workers compensation coverage. If you rent storage or office space from a building owner, they may ask for a COI before you sign a lease. When do I need to provide a COI?