DC Updates: Land Real Estate News

DC Updates are your source for the latest legislative news in the land real estate industry. These updates are to keep land professionals informed about the issues that matter most to them and impact their business.

US Army Corps of Engineers Proposes New and Revised Nationwide Permits

Two new and fifty revised Nationwide Permits have been submitted by the US Army Corps of Engineers under Section 404 of the Clean Water Act or Section 10 of the Rivers and Harbors Act. The National Association of REALTORS® stated that “The two new permits authorize impacts related to the removal of low-head dams and construction and […]

FAA Rule Clears Commercial Drone Use for Take Off

On June 21, the Federal Aviation Administration (FAA) released operational rules that now make it easier than ever to use drones commercially. The approved rules are set to take effect on August 1, 2016. The REALTORS® Land Institute continues to support the progress made by the FAA to facilitate the use of drones in the […]

RLI Signs With NAR

The REALTORS® Land Institute has signed on to a letter in conjunction with the National Association of REALTORS® in an effort to support small business owners by preventing increased regulations and the compliance costs that come with them. Read the full letter.

Supreme Court upholds landowner rights in Waters of the US Case

The Supreme Court’s ruling in United States Army Corps of Engineers v. Hawkes Co., Inc., set a precedent that landowners may challenge the Corps’ jurisdictional determination specifying that a piece of property contains a “water of the United States.” Read more.

Why the “Waters of the U.S.” case matters

Farmers, some whose families have owned and managed their property for generations, are now facing difficulties managing their own land.  The government’s ability to claim a property falls under Waters of the US means the owner may be required to get a federal permit before they can do common tasks like plowing their own field. The looming U.S. […]

President Obama’s Administration Continues Its Quest to Limit the Ability to Defer Income Under IRC § 1031

The Obama Administration continues its efforts to limit the use of Tax Deferred 1031 Like-Kind Exchanges. In their 2017 budget proposal, the Obama proposed a one million dollar limit on both real and personal property exchanges. The REALTORS® Land Institute advocates strongly that these exchanges are a vital contributor to the entire real estate industry and […]