Katheryn Thorson

Horizontal Property Regime

Developing a condominium building in Iowa comes with its own set of legal requirements and common concerns a person needs to be aware. A condominium project is called a “Horizontal Property Regime” and is governed by Iowa Code chapter 499B. This chapter sets forth the applicable law governing a condominium project, and the most important... Read More

ROFR, ROFO and Options: What's the Difference?

Clients frequently enter into transactions that contemplate possible future transactions between the same parties. For example, a buyer purchasing real estate from a property owner may only want to do so if the buyer will have the opportunity to buy the surrounding real estate in the future. Rights of first refusals (“ROFR”), rights of first offer... Read More