Is Property “Flipping” Illegal?

Goldstein & Levy, P.A., General Counsel Legal Bulletin January 5, 2012 | Is Property “Flipping” Illegal? The term “property flipping” refers to a transaction in which an investor contracts to purchase property and then enters into an agreement to resell the property, immediately or within a very short period of time, at a higher sales…

Unregistered Ground Rents Extinguished

Goldstein & Levy, P.A., General Counsel Legal Bulletin December 5, 2011 | Are Unregistered Ground Rents Extinguished After September 30, 2010? On May 8, 2010, Governor O’Malley signed into law Chapter 290, HB 580 entitled “Ground Rents – Registry of Properties Subject to Ground Leases” (the “Act”) which provides for the creation of an on-line…

Fraud Scam With A Smartphone

Goldstein & Levy, P.A., General Counsel Legal Bulletin September 27, 2011 | Fraud Scam With A Smartphone We would like to alert you to a new fraud scam involving an emerging technology that enables individuals to deposit checks via a “Smartphone.” Many banks and other online payment sites like PayPal are offering downloadable applications for…