Philadelphia Metropolitan Area Real Estate Law Blog

An interesting angle has arisen in regard to the recent increase in Property Tax Assessments this year. That angle involves public school teachers and planned cuts to teacher contacts in the City of Philadelphia. Under the plan, the district would cut pay up to 13 percent, require longer work days and put no limit on class sizes. In addition, the district would not provide teachers with copy machines, desks or even enough instructional materials and textbooks. Why is the district proposing the plan now? Because of a budget crisis that could get worse with forced spending cuts. Like most states

Costs will soon rise for businesses in Philadelphia, after the city council opted to raise business and property taxes last week. The decision was make last Thursday to implement a budget which collects almost $40 million more for the School District, which is all but insolvent. Each proposal is projected to raise $20 million for the district.

A lawsuit brought against the City of Philadelphia with the goal of forcing a reform of the city’s property assessment and tax system was been dismissed earlier this week.

As the recession lingers on, many Pennsylvania communities are attempting to encourage development and redevelopment. As a result, many cities and towns are considering policies that could create great opportunities for development in Pennsylvania.

When investing or developing commercial real estate in Philadelphia for the first time, many people are surprised at the complexity of the legal issues that are involved. From laws governing how transfers need to be recorded to adverse possession to title disputes, real estate law can be quite intricate.