Washington State’s Model Toxics Control Act Washington State’s Model Toxics Control Act (“MTCA”), the state’s counterpart to the federal Superfund law, also known as the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”), provides that current and former property owners…
Read MoreThe Seattle City Council has passed a new housing ordinance, which requires residential landlords to screen rental applications in chronological order and award the lease to the first eligible applicant. Failure to abide by the “first-in-time” policy can be deemed an…
Read MoreGiven its flexibility regarding structure and tax treatment, limited liability companies (LLC’s) remain one of the most popular entity types in the State of Washington for real estate and business ventures. When forming a new LLC, or purchasing interests in…
Read MoreA Subordination, Non-Disturbance and Attornment Agreement (an “SNDA”) is often an underappreciated but extremely important document in a commercial lease transaction. An SNDA is an agreement among a lender, its borrower (the landlord), and the tenant, detailing the rights of…
Read MoreWhen purchasing improved or unimproved real estate, whether residential, commercial, industrial or mixed-use, performing proper due diligence is of critical importance to insure that the purchaser is truly getting the benefit of the bargain. Ideally, the diligence process begins by…
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