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Real Property & Development Review

Monthly Archives: February 2011

FASB Sounds Retreat on New Accounting Standards for Leases

Posted in Real Estate

Last year we reported in advisories directed to our health care (see advisory) and real estate (see advisory) readers that the Financial Accounting Standards Board (FASB) is considering new accounting rules for real estate and equipment leases, new rules that would dramatically change the way in which leases are reported in financial statements of public… Continue Reading

Legal Implications of Vapor Intrusion for Owners, Developers

Posted in Environmental

Authored by: Peter Sergienko As published in the Daily Journal of Commerce Vapor intrusion is defined in Oregon Department of Environmental Quality guidance as the migration of volatile organic compounds from the subsurface into buildings. Common examples of VOCs are gasoline, diesel and solvents used to clean metals, thin paint, and dry-clean clothing. VOCs are… Continue Reading