NEW CLOSING REGULATIONS FOR RESIDENTIAL PURCHASES: TRID has finally taken effect!

By: Sebring Law                                  October 6, 2015 A new era of residential closing regulations for lenders, closing companies, and of course, buyers is now in

Posted in Real Estate Mortgages Tagged with: ,

Property Rights in Streets Within a Recorded Subdivision Plan

On August 11, 2015, the Superior Court reaffirmed the principle that “all purchasers of property in a subdivision acquire an easement over all platted roads in the subdivision plan.” Starling v. Lake Meade Prop. Owners Ass’n, No. 1779 MDA 2014,

Posted in Real Estate Development

New Consumer Disclosures Will Affect all Consumer Home Loan Purchases

  By: Sebring Law Starting August 1, 2015, all consumer home loan purchases will have a new form and process as a result of the Consumer Financial Protection Bureau’s new requirements. What will this mean for consumers purchasing homes with a

Posted in Real Estate Development

PA SUPREME COURT OIL & GAS UPDATE: TERM OF LEASE NOT EXTENDED WHERE LANDOWNER PURSUES UNSUCCESSFUL LEASE CHALLENGE

On February 17, 2015, the Pennsylvania Supreme Court decided Harrison v. Cabot Oil & Gas Corp., No. 75 MAP 2014, 2015 Pa. LEXIS 355 (Pa. Feb. 17, 2015) , holding that a declaratory judgment action by a landowner/lessor challenging the

Posted in Oil and Gas

Pennsylvania’s New Power of Attorney Law, Act 95 of 2014

By: Sebring Law The recent statutory changes to Powers of Attorney (“POA”) created in Pennsylvania started as a response to the Pennsylvania Supreme Court’s holding in Vine v. Commonwealth, 9 A.3d 1150 (PA. 2010). (Where a husband forged his comatose wife’s

Posted in Uncategorized

Conveying Oil and Gas Rights to a Limited Liability Company Now May Protect Landowners and Save in Transfer Taxes Later

Investment into Pennsylvania’s oil and gas industry is increasing at a profound rate.  In the current decade (since January 1, 2010), the Pennsylvania Department of Environmental Protection has issued a total of 15,487 permits in connection with unconventional gas wells.(1)

Posted in Marcellus Shale, Oil and Gas

Pennsylvania Supreme Court Denies Utility Easement for Residential Subdivision

May a municipal authority exercise its eminent domain powers to condemn an easement over privately-owned land, where the sole purpose of the easement is to supply a private developer with land to install sewer facilities needed for a proposed private

Posted in Real Estate Development

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