By Ron Holmes I don’t know about you, but I know a down cycle is coming. Also, just like you, I have no idea when that is going to occur. However, it does not appear a down cycle is in the immediate forecast. Notwithstanding trade tariffs, The Hill turmoil, continuing Middle East issues, acts of …
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 …
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 …
By Ron Holmes Your Partnership or LLC may need amending Many limited partnership agreements and limited liability company agreements may need to be amended to come into compliance with significant changes made to partnership IRS audit procedures that were included in the Tax Cuts and Jobs Act. The new changes apply to partnership 2018 tax …
By Ron Holmes In the words of Sonny & Cher: “And the beat goes on.” Okay, I just dated myself, but, in any event, that old song title is certainly true in this real estate market. You study the statistics, so I don’t need to repeat them here. Yes, there was a little slow down …
by Ron Holmes Now that I have your attention, let’s talk about the legal issues surrounding the sale of CBD in Texas. This is a topic primarily for shopping center owners, managers and leasing companies, but is also applicable to owners and leasing agents of office/warehouses. There are two basic forms of marijuana plants, one …
By Ron Holmes Is the Construction Boom over? Reports have overall construction this year in the DFW area down by 33% and non-residential construction by 70% in May from the level a year ago. Is that due to lack of demand or the higher cost of materials and the labor shortage? With continued in-migration at …
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 …