Insights

In the classic movie Back to the Future, Doc Brown feeds garbage into the DeLorean’s “Mr. Fusion,” an on-board fusion reactor capable of converting leftovers and food waste into clean, green, energy for that quintessential time travelling machine. Doc Brown later predicts that by 1985,…
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Last week members of Capes Sokol’s Business and Real Estate Practice Group attended a CLE webinar co-sponsored by the American Bar Association Real Property, Trust and Estate Law Section and the American College of Real Estate Lawyers. The webinar entitled, “Blockchain and Real Estate –…
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Since my review of important considerations for short-term property rental hosts in June 2016, the home sharing industry has continued its rapid growth.  Approximately 124,000 guests booked property rentals in Missouri through Airbnb in 2016, a 166% increase over the prior year, which resulted in…
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Shortly after his January 9, 2017 inauguration, Governor Eric Greitens announced how he plans to cut $146 million from the state budget.  The St. Louis Business Journal pinned the blame for Missouri’s budget imbalance on a drastic reduction in corporate income tax collections due to…
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While many people seek to be spooked during the month of October leading up to Halloween—homebuyers most certainly do not want to be spooked by their new house.  Is a house that is allegedly haunted or was the site of a creepy event considered a…
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The “sharing economy” (also known as the “peer economy” or “gig economy”) in which individuals earn money from allowing strangers to use their underused assets, has received much attention in recent years.  Uber is a well-known example of a sharing economy company, which allows travelers…
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On December 31, 2015, St. Louis County Ordinance 26,211, the “Residential Rental Property Licensing Code,” (the “Code”) will become effective. Residential Rental Property Licensing Code The Code requires that the owner apply annually for a license, to be approved by the Director of the Department…
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