CRE Insider Blog

Welcome to the CRE Insider Blog, a source of info and insights from First American’s leading real estate experts.

A 1031 Exchange Transaction Should not be an Afterthought

By Spencer Compton on September 22, 2015
So often, a frustrated lawyer will call me to explain that his/her client is closing on the sale of an investment property in a few days (or this afternoon!) and has “suddenly” decided that the sale should be the first leg of a 1031 Exchange transaction. ...
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Topics: 1031 Exchange

New York Still Uses 2002 UCC Forms

By David L. Wanetik on September 8, 2015
In 2010 a series of amendments were proposed for Article 9 of the Uniform Commercial Code. Knowing it would take time for the individual state legislatures to pass these changes, a goal was set for the amendments to be enacted on July 1st, 2013. Forty ...
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Topics: New York UCC

What You Need To Know About DC's - Tenant Opportunity to Purchase Act

By Barbara Kemp on September 2, 2015
A TALE OF UNINTENDED CONSEQUENCES In 1980, the District of Columbia passed the Rental Housing Conversion and Sale Act, often referred to as TOPA. The stated intent wasto provide renters with the opportunity to buy their property if the owner intended to ...
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Topics: Tenant Opportunity to Purchase Act

5 Tips For A Smooth 1031 Exchange

By Mary Kay Kennedy on August 12, 2015
Many real estate investors know that when they do an exchange, they can’t touch the money and they have to identify what they are going to buy within 45 days of the closing date of the property that is sold. While both of these facts are true, there are ...
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Topics: Commercial 1031

Get Your ALTA Title Insurance Endorsement Guide Here

By Tanisha Quilter on August 11, 2015
The Endorsement Guide is intended to serve as an introduction to the most commonly requested title insurance endorsements in today’s market. It contains the text of each endorsement as used in the industry, and is followed by a brief explanation and ...
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Topics: ALTA

Congratulations to Mimi Fersch from NCS Pittsburgh

By Tanisha Quilter on June 5, 2015
Mimi Fersch has been appointed the Manager of the National Commercial Services office located in Pittsburgh, Pennsylvania. Mimi has been with NCS for 6 years as a Sales Executive. In her new role, she will be responsible for the continued growth of the ...
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Topics: Promotion

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