4 Things Real Estate Lawyers Need to Know About Bitcoin
Law360, Feb 14, 2018
By Andrew McIntrye
The recent wild swings in the price of bitcoin coupled with reports of property purchases using the cryptocurrency is generating a buzz in the real estate community, and lawyers say it’s crucial to be up to speed on a few key aspects of bitcoin when discussing potential deals with clients.
Attorneys say they have seen an uptick in interest from clients over the past several months, and most conversations at some point circle back to the question of how to get deals done given bitcoin’s volatility.
Volatility, though, is only one of various concerns. Lawyers are also trying to figure out how best to structure deals, given that bitcoin to this point has shown traits of both a currency and a commodity.
“We’re just starting to see talk on it,” said Brian Pick of McDonald Carano LLP. “I just got my first couple calls on it this past couple weeks.”
Here, Law360 looks at four things real estate lawyers need to know about bitcoin.
To read entire article click here.
About McDonald Carano
McDonald Carano has been shaping Nevada’s legal, business, and policy landscape since our founding in 1949. With more than 60 lawyers and government affairs professionals working from offices in Las Vegas, Reno and Carson City, we are Nevada’s law firm for business. Our local, national and global clients include Fortune 500 corporations, fast-growth and mid-market companies, entrepreneurs and startups, non-profit organizations, government entities, and high-net-worth individuals. Our attorneys deliver cross-discipline, one-stop, commercial law and government affairs counsel. Our dedication to clients, innovative thinking and practical solutions based in sound business and legal judgments are at the heart of our practice. For more information, please visit mcdonaldcarano.com or send an email to email@example.com.
You have chosen to send an email to McDonald Carano. The sending or receipt of this email and the information in it does not in itself create an attorney-client relationship. If you are not already a client, you should not provide us with information that you wish to have treated as privileged or confidential without first speaking to one of our lawyers. If you provide information before we confirm that you are a client and that we are willing and able to represent you, we may not be required to treat that information as privileged, confidential, or protected information, and we may be able to represent a party adverse to you.
I have read this and want to send an email.