Category: Newsletters

Protection from Mortgage Due on Sale Clauses

Mortgages almost universally have “due on sale” clauses in the event that a mortgaged property is transferred, which require that the entire “accelerated” balance of the mortgage be paid at the time of the transfer. This is fine in the case of a sale of… Continue reading

Update: The Pennsylvania Superior Court Decides Landlord/Tenant and Real Estate Liability Law

The Pennsylvania Superior Court, which is an intermediate level appellate Court, recently issued two decisions which should be of interest to persons who are landlords, tenants or customers at business real property. In a case entitled Echeverria v. Holly, the Court was faced with the… Continue reading

Latin Lovers De Facto and De Jure

Recall the scene back in 1981 when a deranged John Hinckley shot Ronald Reagan in a botched assassination attempt in front of a Washington hotel. Reagan was rushed to the hospital and made a speedy recovery. In the immediate aftermath of the shooting, then Secretary… Continue reading

Ownership of Joint Accounts vs. Will Expectations

Many times, upon the death of an account holder, issues arise as to who owns a joint account. The rules are straight-forward and are set forth in Pennsylvania’s “Multi-Party Account Act” (the “Act”). An important part of estate planning involves recognizing the results of joint… Continue reading

Whither the Death Tax

With a new President coming and with Republicans to control the House and Senate there is a distinct possibility that the estate tax will be repealed.  Indeed one expert, Michael Graetz, who teaches at Columbia Law School, is quoted in the Wall Street Journal as… Continue reading

Queen’s English: Which/That (Who?)

According to Garner’s Modern American Usage (3rd Edition), which is possibly responsible for more bad sentences than any other in the language.  E. B. White wrote “Careful writers, watchful for small conveniences, go which-hunting, remove the defining whiches, and by so doing improve their work.”… Continue reading

Upcoming Renewal and Validation Information

District ​Packets Available ​Filing Deadline ​Expiration of License ​​District 1  Blair, Bedford, Cambria, Centre, Clearfield, Cumberland, Franklin, Fulton, Huntingdon, Somerset, Union ​October 3 ​December 2 ​January 31 ​District 2  Adams, Dauphin, Juniata, Lancaster, Lebanon, Mifflin, Perry, Snyder, York ​November 3 ​January 2 ​February 28 ​District… Continue reading

Pertinent State and Local Tax News

In January 1, 2017, there will be a small increase in Philadelphia’s real estate transfer tax from 3% to 3.1%. When added to the Pennsylvania Realty Transfer Tax, this will increase the overall transfer tax to 4.1%. We believe that this will result in the… Continue reading

Pennsylvania Bicycle Law: Rider Beware!

Many people do not realize that there are laws which apply to riding your bicycle in the Commonwealth of Pennsylvania. Here are a few things you might want to be aware of before your next ride: Bicycles are considered “vehicles” under the Pennsylvania Motor Vehicle… Continue reading

Liquor License Can Be A Privilege or a Right

In the Philadelphia suburbs restaurant liquor licenses have recently sold for as much as $550,000. What has a buyer of a license really bought? Certainly, other than the certificate that is issued by the Liquor Control Board (the LCB), there is nothing very tangible; but… Continue reading