Property

Spain’s Rental Market Contracts as New Laws Deter Property Owners, With 300,000 Fewer Apartments Available

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Madrid, Spain — A significant decline in Spain’s rental housing availability is raising concerns among experts and policymakers. The latest data reveals a decrease in the number of properties being offered for rent, with a drop of nearly 300,000 homes since the peak of the Covid pandemic and 96,512 fewer properties than in the previous year alone. This 11% reduction reflects broader trends linked to recent legislative changes and economic pressures that are reshaping the country’s housing market. According to data collected by the Housing Observatory—a collaboration between the Safe Rental Foundation and Rey Juan … Read more

Summit County Judge Dismisses Property Valuation Lawsuit; Homeowner Vows Future Legal Challenge

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BRECKENRIDGE, Colo. — A local homeowner’s legal challenge against the Summit County government and its assessor was recently thrown out by a judge, ending a contentious dispute over property tax valuations. The lawsuit, which was initiated by Todd Ruelle, owner of a property in the Peak 7 neighborhood of unincorporated Breckenridge, sought to contest the 2023 and 2024 tax year assessments set by Summit County Assessor Lisa Eurich. The motion to dismiss the case was granted in December by Judge Karen Romeo, according to court documents. The dismissal, agreed upon by both parties, stipulated that … Read more

Maui’s New Vacation Rental Legislation Sparks Turmoil: Travelers and Property Owners Face Uncertain Future

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Wailuku, Hawaii — A looming regulation on Maui could drastically alter the landscape for vacation rentals on the island, with about 7,000 short-term rental properties slated to be outlawed by June 1, 2025. This anticipated change is primarily targeting rentals in apartment-zoned areas, particularly those in West Maui, with about 2,200 rentals facing termination. The uncertainty surrounding these proposed regulations has left many travelers anxious about their travel plans and the future legality of their accommodations. The debate over vacation rentals in Maui has escalated, with the county council proposing a phase-out of these properties … Read more

Jury Rules on Daycare Property Dispute, Awards Plaintiff $57K in Breach of Contract Case

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Jefferson County, MO – A recent legal battle involving a daycare property ended with a jury award in Jefferson County Circuit Court. Plaintiff William Wunderlich had sued Giggle Buggs Child Care and Learning Center LLC, along with individuals Orson Guyton and Sandra Hatchell, for multiple claims including breach of lease and contract fraud. However, the award given was significantly less than Wunderlich had originally sought. In 2016, Wunderlich initiated the lawsuit alleging that the defendants failed to adhere to the terms of a property lease and a promissory note intended for property enhancements. Additional allegations … Read more