Commentary on the Commercial Real Estate Debt Markets, Economics, Politics and More.
Here’s another story in the “It never gets easier” file.
The Massachusetts Land Court recently decided a case that perhaps we should have all guessed was coming.
This is the above the fold headline: Text messages may now create binding contracts. Specifically, a text message can constitute a signature sufficient to satisfy the Statute of Frauds and form a binding contract for the purchase and sale of land.
Continue Reading Text on the Dotted Line: A Text Message Can Create a Binding Contract
And now to return to our commentary a few weeks back about the stultifying impact of ill-thought through rules and regulations (at best) (Brexit has intervened). This is our Regulatory State which broadly attempted to pick winners and losers and modify market behavior, to get an engineered outcome by using the blunderbuss of proscriptive rules and regulation.
Continue Reading A Trip Through the Labyrinth – The Regulatory Man in Full
