Monthly Archives: April 2021

City of Huntington Amends Complaint Over Problems Bar After Ownership Transfer

HUNTINGTON, W.Va. (WSAZ) – The City of Huntington has changed its complaint about a bar it considers a “public nuisance” after ownership was transferred to a new owner. The city filed a lawsuit against Gary Stanley, CT’s Biker Club and Christopher Thomas for harmful property at 2005 10th Ave in …

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Duterte OKs project to strengthen the management of property taxes by local communities

President Rodrigo Roa Duterte speaks with the population after holding a meeting with the senior members of the Interagency Working Group on Emerging Infectious Diseases (IATF-EID) at the Malacañang Golf (Malago) clubhouse in Malacañang Park, in Manila, April 12, 2021. King Rodriguez, presidential photo MANILA – President Rodrigo Duterte has …

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Equiem acquires British Land property management arm, Real Estate News, ET RealEstate

NEW YORK: Equiem, an Australian company that provides tenant services for office buildings, has acquired the property management platform from British Land Co Plc, a deal that marks a shift in how landlords respond to their real estate needs. Terms of the transaction were not disclosed in a statement from …

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SC confirms MWSS exemption from property taxes

THE Supreme Court (SC) ruled that the Metropolitan Water and Sewer System (MWSS) is exempt from property taxes due to the fact that it is a “government instrument with corporate powers. As provided by law. Executive Decree 596 quoted from then-President Maria Gloria M. Macapagal-Arroyo and Republic Law No. 10149 …

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Equiem acquires British Land property management arm as ‘PropTech’ transactions explode

NEW YORK, April 25 (Reuters) – Equiem, an Australian company that provides tenant services for office buildings, has acquired the property management platform from British Land Co Plc (BLND.L) in a landmark deal a change in the way homeowners approach their real estate needs. Terms of the transaction were not …

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New York City Section XI Property Tax Exemption Program

Key points The Home Preservation Opportunities Program (the Program) offers attractive property tax exemptions for multi-family projects located in New York City, including those that may experience economic hardship or have existing tax benefits that soon expire ( like the current 421 (a) or J51 tax advantages). The program offers …

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The real object of business real estate

The answer to the question of whether a property meets the actual purpose of a business building (BRP) is “it depends”. A full understanding of all the facts and circumstances is necessary to ensure that the property meets the BRP definition at the time of acquisition. The importance of BRP …

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Prime Minister Modi to launch homeownership program in Bihar on April 24

Patna: A home ownership program will also be launched in Bihar. Prime Minister Narendra Modi will launch it via videoconference on April 24 during the National Panchayati Raj Day celebrations. As part of the scheme, surveying, mapping will be carried out in rural areas. People will then receive an ownership …

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Real Estate Valuation Reform Expected to Increase State Revenue

REFORM the country The real estate appraisal system could generate more revenue for local government units (LGUs) and speed up deployment of infrastructure projects, experts say. In a webinar hosted by the Foundation for Economic Freedom, Inc. on Wednesday, Bureau of Local Government Finance (BLGF) director Ma. Pamela P. Quizon …

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Property Tax Deferral for Businesses Owning Real Estate – ClarkCountyToday.com

This program stems from ESHB 1332 which provides for a deferral of property taxes from 2021 through a payment agreement VANCOUVER – Clark County Treasurer Alishia Topper today announced that she is accepting property tax deferral requests from real estate business owners who have been financially impacted by COVID-19 in …

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