Will the real estate industry see a shift under the Trump administration? Some commentators are already characterizing the new leader as the “Developer-in-Chief.”
However, a number of programs may need to be implemented in order to prime a real estate boom. One proposal involves about $137 billion in tax cuts. Commentators hope the cuts will generate private infrastructure investments of $1 trillion across the country.
Another proposal focuses on easing regulations of mortgage backed securities. In theory, that could involve a repeal of some laws that were established by the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010.
Regardless of one’s political views, it is important to stay up-to-date on real estate laws. In order to efficiently conduct business and plan for future operations, buyers, sellers, lenders, commercial landlords and tenants all need to understand their legal obligations. If there are political incentives to invest in infrastructure, our Virginia real estate attorneys can help businesses utilize these benefits when securing a commercial property.
In fact, our attorneys have the experience to offer legal counsel on a wide range of issues. Reviewing purchase and sale agreements is a common work product in real estate law. However, an attorney can also advise on commercial real estate financing options.
At the same time, our due diligence includes reviewing any zoning or land use regulations and performing market research to help businesses develop an informed long-term view. If you have a real estate matter in Northern Virginia, an attorney can work with you to find the answer. Check out our website to learn more about the legal services we offer.
Source: The Real Deal, “America gets its first developer-in-chief,” Kathryn Brenzel and Will Parker, Jan. 20, 2017