What is happening? Briefs are coming in hot for the US Supreme Court to hear the 5th Circuits case that said there is no timeline for governmental entities to pay just compensation in eminent domain. Why is this important? Courts are split. Property Rights advocates say 5th and 14th amendments effectuate the right to timely […]
Monthly Archives: August 2022
Appraisals. Let’s Talk.
What is happening? The NY Times published an article about how a college professor who studies housing discrimination had his house appraised and received an appraisal of $472,000. This Black professor then asked a white professor to stand in as the home owner and he removed anything from the home that indicated that a resident […]
Foreign Court Gives NFTs Property Rights
What is happening? A court in Singapore determined that NFT owners do have property rights because Singapore’s highest court “recognized NFTs as protectable digital assets and a form of legal property.” Why is this important? NFTs are new. Ownership of decentralized ledgers is new. Laws and Regulations are slow to catch up. How will this […]
Who owns NFTs?
What is happening? A report by Galaxy Digital Research says there are no ownership rights in an NFT. Why is this important? The report says ownership of NFTs could be established by improving “the on-chain representation and transfer of intellectual property rights from NFT issuers to NFT token holders.” How will this be important? World of […]
Tiny Home City Ordinances
What is happening? Boise, Idaho suburb, Meridian, permits RVs and tiny homes to be parked on a property owners land, but does not allow anyone to live in the tiny home. Why is this important? Being priced out of Boise, a woman bought a tiny home and reached an agreement with a property owner to […]
Court Forces Release of Names of Property Owners
What is happening? A County Court in Iowa has ordered a Carbon Pipeline to publicly name the property owners that could face eminent domain. Why is this important? Supporters of the release of names said property owners should be able to talk to each other. How will this be important? The Iowa judge relied on […]
Housing Solution for Tourist Towns
What is happening? North Lake Tahoe is offering property owners up to $24,000 to rent to locals to help house seasonal workers. Why is this important? A Tahoe Prosperity Center survey showed that 73% of locals agree the lack of housing for the local workforce is the greatest threat to the quality of life in North […]
43 States Allow Remote Home Closings
What is happening? 43 states allow property sales to occur remotely. Mortgage lenders are pushing the other states to come on board. Why is this important? The states that have not provided for remote property closings are California, Connecticut, Georgia, Mississippi, South Carolina, Delaware, Massachusetts and Washington D.C. How will this be important? Mortgage lenders […]
Turning Blight to Affordable Housing
What is happening? RCF Connects, a nonprofit in Richmond California, is snapping up blighted properties and rebuilding them as all electric homes with solar panels and backup storage. Why is this important? When completed, the homes will be offered to first-time home ownership among the city’s Black and brown residents. The program is funded in […]
Drone Infrastructure Inspection Act
What is happening? Sens. Jacky Rosen, D-Nev., John Boozman, R-Ark., and Richard Blumenthal, D-Conn. are authoring the Drone Infrastructure Act to fund $100 Million program for drones to inspect infrastructure. Why is this important? The $100 M will fund workforce programs to support the next generation of inspectors who will use drones to inspect infrastructure. […]