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Pre-Possession Agreements

The Legal Advisor

By Michael Denious   The Real Estate Commissioner’s Rules include the following warnings to real estate licensees concerning what are referred to as “pre-possession” and “post-possession” occupancy agreements: J.  A salesperson or broker shall not: 1. Permit or facilitate occupancy in a person’s real property by a third party without prior written authorization from the… Read more

When In Doubt, Disclose, Disclose, Disclose

Legal Forum

By David Allen   A man named Joe who lives and works in Chicago, decided he wasn’t getting enough use out of his second home in Scottsdale which is located on the 15th fairway of a very challenging golf course. With some regret, he decided to put his house up for sale. A buyer is… Read more

REMODELING – Lessons Learned

Publisher's Letter

By P.R. “Randy” Cooney Publisher of the Arizona Journal of Real Estate & Business   Recently I took on the challenge of remodeling my 1948 home to prepare for its sale. For those who have undertaken such a project, you may know there are many lessons learned through the remodel process: choosing the counter tops,… Read more

Can REALTORS® Use Drones To Photograph Listings?

Laying Down the Law

By Christopher J. Charles, Esq.   If drone manufacturers have it their way, drones will soon be as commonplace as iPhones. Domino’s wants to use drones to deliver pizzas; Amazon wants to use drones to deliver books; and UPS could use drones to deliver mail. I recently attended a wedding in Del Mar, California, that… Read more

Grateful to be in Real Estate

Publisher's Letter

By P.R. “Randy” Cooney Publisher of the Arizona Journal of Real Estate & Business   It’s a Tuesday morning of Thanksgiving week and the year is 1989. I’m a Broker working for a Valley real estate firm and the weekly, office sales meeting is about to begin. In an effort to tie in the theme… Read more

An Interview with a National Best Selling Author

Special Interest

By Tricia Covert   As we approach a new year in 2015, it’s common to reflect back on years past. In the real estate industry, it will be more than six years ago since the height of the recession that created the uproar in the market. It changed people’s lives, causing many professionals to have… Read more

Medical Real Estate: Outlook 2015 – The Impact of the Affordable Care Act

Commercial Corner

By Aaron Kuhl   At the time of the historic passage of the Affordable Care Act (“ACA” or Obamacare) in 2010, there was a great amount of discussion among healthcare stakeholders regarding its impact on the delivery of healthcare for the nation. Another area of focus was the consequential effects the ACA may have on… Read more

Real Estate Investment Trusts (“REITs”) Part II

General Real Estate

By Paul Ohanian   In last month’s Journal, I touched on the basics of Real Estate Investment Trusts (REITs) as a liquid and flexible alternative to directly holding real property in today’s market. In this issue, I would like to share an actual case study of REITs-driven solutions to give you a clearer perspective of its… Read more

What Exactly Is A Subordination, Non-Disturbance And Attornment Agreement? Why Do I Need One?

Legal Forum

By David Allen   Most commercial leases contain a requirement that the tenant will execute a “Subordination, Non-Disturbance and Attornment Agreement,” commonly referred to a “SNDA.” A majority of tenants who have signed such leases, and most likely several of the real estate agents who have represented those tenants, would be hard pressed to explain… Read more

Large Jury Verdicts – What Does the Recent Uptick Mean and Why Has it Seemingly Not Continued Since 2012?

The Legal Advisor

By Frank L. Murray   Recently, large jury verdicts appear to many commentators to have experienced an “uptick.” Experienced predominantly in the medical malpractice area, the rise of what experts refer to as “blockbuster verdicts” has been detectable. Dating back to U.S. Department of Justice studies published in the mid-nineties, the underlying statistical matrix of… Read more

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