By: Brian Fisher The 2019 Texas legislative session enacted several significant changes to Texas ad valorem (or property) tax law. Among the more significant changes affecting developers of real property is House Bill 1743. Texas law permits land to be taxed at an “agricultural” value significantly lower than the land’s market value provided the land …
By Trent Appleby House Bill 2439 was signed into law by Governor Greg Abbot on June 14, 2019, after garnering overwhelming support from both the House (133 to 9) and Senate (26 to 5). The law went into effect September 1, 2019, and provides – with some exceptions – that a city may not regulate …
By: JD Reed Clients are always looking for ways to cut legal costs and keep themselves out of protracted litigation. Contracts may have included binding arbitration clauses and mandatory mediation provisions, but you may have learned that arbitration costs just as much, if not more, than simply litigating in court. The Texas Legislature’s recent passage …
By Ron Holmes Condominium construction defect litigation initiated by a condominium owner association can almost be expected. Typically, the COA sues on behalf of all unit owners for collective damages rather than the unit owners suing for their individual damages. The Texas legislature has created a platform for relief from construction defect litigation brought …
By: Trent Appleby Homeowners affected by the recent storms in north Texas need to be aware of a newly enacted law prohibiting the payment of policy deductibles by contractors and roofers. In the past, it was common practice for contractors to offer to waive or absorb a policyholder’s deductible for repairs after storms. The new …
The Holmes Firm has opened a satellite office at Frisco Station In order to accommodate a growing clientele along the Frisco North Platinum Corridor, we have opened a satellite office at Frisco Station, 6160 Warren Parkway, Ste. 100, Frisco, Texas 75034 (by appointment only). Our office is conveniently located near The Star, surrounded by restaurants, …
We are thrilled to introduce J.D. Reed as the newest member of the Holmes Firm, PC. JD is an experienced and accomplished commercial and civil litigator, who has represented a wide range of clients in a broad spectrum of disputes, as both plaintiff and defense counsel. JD is a Dallas native. He graduated from the …
30 Consecutive Years Ron Holmes has again received the prestigious AV Preeminent Rating in 2019 from the nation’s leading attorney review organization, Martindale Hubbell. 2019 makes the 30th consecutive year that Mr. Holmes has been awarded an AV rating. Martindale-Hubbell Peer Review Ratings is a peer review system with a history that spans more than …
By Ron Holmes Brian has been with the Firm since March 2000, which grants him the Longevity Award at Holmes Firm PC (other than yours truly). Brian practices in the real estate arena, and his practice includes horizontal and vertical development, sales and acquisitions, investing, leasing, condominium associations, etc. This spotlight is on Brian’s leasing …
By Ron Holmes “Merger” provisions Many a sophisticated client, and sophisticated lawyer, have drafted contracts that contain provisions which attempt to bar the buyer from bringing a claim against the seller for representations made by the seller or his representatives prior to the entering into of the contract. Typically, such provisions may provide: “Buyer hereby …