Effectively immediately, states will be able to force businesses to charge and pay state and municipality sales taxes for all online shopping. This sweeping policy change came June 21, 2018 from a 5-4 decision at the Supreme Court of the United States when more than forty states had asked the Supreme Court to overrule its …
Holmes Firm PC is Excited to Announce the Newest Member of Our Team Holmes Firm PC is proud to announce that Donna J. Yarborough has joined the firm as a shareholder to lead the Estate Administration and Probate Litigation Practice Group. There legal services include Will Contests, Trust Suits, Guardianships and Fiduciary Litigation. You can …
By Donna J. Yarborough, originally published March 2012 in Headnotes, a publication of the Dallas Bar Association Imagine a setting where you have gone to visit a friend or a loved one in a hospital or nursing home. While you are there, someone you do not know approaches you and asks if you would be …
By Brian Fisher Bargaining for the law of a specific jurisdiction One or more parties to a transaction may desire, and bargain, for the law of a specific jurisdiction to govern the interpretation or enforceability of their agreement. For example, a New York lender making a loan to a Texas entity secured by real property …
What is Carried Interest? Carried interest is a share of the profits of an investment paid to the investment manager, non-equity partner, or sweat equity partner that provides services but no or a reduced capital contribution. For example, a developer or private investment fund manager may invest only 5% of the total contribution but receive …
To Condo, or not to Condo? While Hamlet has no advice to offer on whether property is a condominium or not, it is still a question that needs to be asked and answered before purchasing a residential dwelling that is subject to a homeowners’ association (“HOA”). In Texas, there are two types of residential HOAs: …
By Ron Holmes Houston Court decision may change what we assume about pre-PSA emails Everyone in the commercial real estate world understands that the Statute of Frauds requires a contract for the purchase and sale of real estate be in writing. Everyone in the commercial real estate world also operates on the belief that there …
By Ron Holmes Where to begin? DFW just claimed the #1 spot in the country for net office leasing. More than NYC. More than anywhere. DFW is one of the fastest growing data centers in the nation. North Texas has added 750,000 jobs since 2010, and more are created every day. The industrial sector absorbed …
Ron Holmes presented “Navigating the Construction Loan Agreement: A Practical Guide” Ron Holmes took the lectern at the 11th Annual Advanced Real Estate Strategies Conference sponsored by the State Bar of Texas at Horseshoe Bay on December 7-8, 2017. Ron presented a paper on Navigating the Construction Loan Agreement: A Practical Guide. Know the whole …
by Ron Holmes I don’t know what inning the real estate cycle is in, but I do believe it may set a record for extra innings. The depth of capital and tightness of lending requirements have resulted in solid acquisition and development transactions. The continued national recognition of DFW as the place to be and …