Real Estate Litigation

Eminent Domain: Be Careful What You Ask For

By: Richard Herold and Patrick Paul The condemnation[1] of property for public works may not always be as clean and easy as the government would like. Although local governments are often critical players in the cleanup and redevelopment of contaminated properties, contaminated property can: (1) trigger disclosure requirements; (2) lead to environmental liability, for example, […]

February 5, 2016 | 3 min read | Tagged: condemn, condemnation, eminent domain, environmental liability, real estate, real estate litigation, real property, seller disclosures, valuation

Richard Herold Former Partner

Property Taxes: A Shopping Center May Not Always be a Shopping Center

By: Rick Herold, Craig McPike & Ben Reeves In the world of real property taxes, Valuation + Classification = Assessed Valuation. Sounds simple, right? The County Assessor determines the first factor, valuation (subject to certain guidelines under applicable Arizona law). The Arizona State Legislature determines the second factor, the property’s legal classification and corresponding assessment […]

November 2, 2015 | 3 min read | Tagged: movie theater, real estate, shopping center, tax appeal, valuation, zoning

Richard Herold Former Partner