Jordan Ramis PC - Off the Record...

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FEBRUARY 2010

Managing Employees? Proceed With Caution!
Managing a business is sometimes like herding cats, especially when it comes to managing employees. Complying with federal and state employment laws is often a challenge; sometimes compliance defies common sense. The following questions and answers illustrate some of the top employment-law issues that employers confront. Read more.

Stormwater Discharge and New Construction
Construction sites of one acre or more will soon be subject to new compliance standards. As of February 1, states are required to implement changes to general stormwater permits for such construction sites, and water used to wash out concrete and construction materials, including stucco, paint, and curing compounds, as well as soaps or solvents used in vehicle and equipment washing, will be subject to new regulations. These new regulations will appear in the Oregon general permit when it is renewed, which is likely by the end of this year. But, that is not the end of the story. Read more.

Recent Rule Changes Affecting the Mortgage Industry
Good news: the Department of Housing and Urban Development ("HUD") and the Veterans Administration (the "VA") have issued several new rules that will help loosen the tight credit markets.

On January 15, 2010, HUD announced a one-year waiver of the resale rules applicable to FHA-insured loans. FHA's antiflipping rules do not allow FHA-insured loans to be used to purchase a home if the seller acquired title within 90 days of the date of sale. Read more.

Off the Record is a business newsletter published periodically for the clients and friends of the law firm Jordan Ramis PC. The information contained in this newsletter is necessarily presented in summary form and should not be relied on as a substitute for direct attorney consultation.

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