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Viewing posts in category "Real Estate & Land Use" (5 post(s), 38 total)

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Real Estate & Land Use

HCMP Client Update Seattle's New Guaranty Ordinance - What Commercial Landlords Need to Know

  • By HCMP Law Offices

The Ordinance imposes limits on the maximum amount a landlord may require for a personal guaranty of a lease and imposes a limit on any required security deposit or letters of credit.

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Update on the Wilburton Vision Implementation

  • By HCMP Law Offices

The proposed Code contemplates significant zoning changes, including increases in height and FAR to allow high rise development.

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New Law Removes the Notarization Requirement for Commercial Leases

  • By HCMP Law Offices

Washington to no longer require acknowledgment, witnesses, or seals for leases of any duration.

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HCMP Client Update: New Law Creates Leasehold Excise Tax Exemption for Affordable Housing

  • By HCMP Law Offices

Washington Legislature has approved a tax break for affordable housing built on state land.

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Seattle Passes New Restrictions on Commercial Lease Guaranties

  • By HCMP Law Offices

On December 12, the Seattle City Council passed Council Bill 120643 which will take effect later this month. The ordinance establishes new restrictions on commercial leases.

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