Posts By: Kristin Rosan, Madison & Rosan, LLP | Hondros College Contributor
E&O Policy Claim Dismissed: Statute of Limitations
Blog, Insurance
September 7, 2018 |
The Ohio Supreme Court recently issued a decision clarifying when the statute of limitations starts to run for claims against insurance companies regarding professional liability insurance policies. The case stems… Read more
Blockchain: The New Real Estate Frontier
Blog
August 31, 2018 |
The Franklin County Auditor’s Office recently announced a pilot project to use blockchain technology to transfer a real estate deed. Ohio is not the first state to explore the technology… Read more
Division of Real Estate Considers Regulation of Team Names
Blog
August 24, 2018 |
The Division of Real Estate has circulated a draft administrative rule to real estate industry stakeholders for review and comment. One such draft proposes to add restrictions on words a… Read more
Real Estate Violations Caught on Camera
Blog
August 17, 2018 |
We’ve all been tempted, and maybe some of us have given in, to peak into a host’s medicine cabinet or under their sink. Not to steal anything, but just to be… Read more
Pre and Post-Closing Possession Agreements
Blog
August 10, 2018 |
If you represent a buyer that requires immediate housing and wants possession prior to closing, consider a pre-closing possession agreement. The agreement is similar to a lease, whereby the parties… Read more
IRS Ruling Cites the Uniform Standards of Professional Appraisal Practice
Appraisal, Blog
August 7, 2018 |
According to a press release from The Appraisal Foundation, the Internal Revenue Service (IRS) has issued a new rule. The Substantiation and Reporting Requirements for Cash and Noncash Charitable Contribution Deductions rule explains… Read more
Ohio Commences Regulation of Appraisal Management Companies
Blog
August 3, 2018 |
An appraisal management company is a business that manages or coordinates appraisers and their provision of appraisal services to lender clients. Although the regulation of appraisal management companies is not… Read more
Are You Using a Wire Fraud Notice?
Blog
July 27, 2018 |
From 2000 through 2017, the FBI’s Internet Crime Complaint Center (IC3) has received more than 4 million victim complaints. IC3 is the lead federal agency for investigating cyber-attacks and also… Read more
Buyers and Exercise Due Diligence on Flood Zone Determination
Blog, Insurance
July 20, 2018 |
As part of the home buying process, lenders are required under federal law to determine whether the property is located in a flood hazard area. If it is, then the… Read more
Property Managers: Adequate Notice Ruling from Supreme Court
Blog
July 13, 2018 |
Managing property is not limited to finding tenants and collecting rent. One critical component of any property manger’s duties is to safeguard their client’s property. Thus, daily tasks like keeping… Read more
Manufactured Homes Program Moves to OH Dept of Commerce
Blog
July 7, 2018 |
An important tip for professionals representing buyers of manufactured homes or the land upon which they sit. Starting this year, the regulation of the sale of manufactured homes has moved… Read more