Comprehending the Changing Landscape of Real Estate Securities Laws
In today’s edition, we have an insightful discussion between your host Victor Menasce and renowned securities lawyer, Mauricio Rauld. Rauld, based in San Clemente, California, leads a sizeable practice Premier Law Group specialized in securities law within real estate investing. Located at the intersection of these two complex arenas, Rauld shares a wealth of knowledge and keeps us updated on the shifting landscape of real estate securities laws.
Mauricio Rauld’s Journey to Specializing in Real Estate Securities Law
Rauld’s professional journey is one of continuous evolution, culminating in his focus on syndications and securities which coincided with the industry boom over the last seven to eight years. Yet, Rauld’s journey is not just about developing expertise but also about building infrastructure. After a health scare left him incapacitated for months, Rauld strategically moved away from being a solopreneur to build a team, ensuring a sustainable business model.
Communicating the Complexities of Securities Law
One distinguishing factor that sets apart Rauld from others in the field is his ability to break down the convoluted language of securities law. He communicates complex concepts in a digestible way, which ensures that clients can fully comprehend and implement regulations. His aim is to ensure that his advice is understood rather than just regurgitated.
Pending Changes in Securities Law
Within the dynamic and fast-changing field of securities law, one of the most significant changes that threaten to impact everyone, be it syndicators raising capital or investors putting money into deals, revolves around the definition of an accredited investor. In light of new legislation proposals, the traditional way of gaining accredited investor status may change drastically, leading to either an academic proficiency method or a higher net worth requirement, or possibly even both.
Future Implications of Law Changes
While the direction of these changes is still uncertain, it is clear that they will have notable implications for investors and developers alike. Whether it is the rebalancing of exemptions related to accredited investors or the shifting relationship dynamics between sponsors and registered investment advisors, the landscape of real estate securities law is steadily evolving.
The Misinterpretation of Joint Ventures
Besides the looming changes in accredited investor definitions, the abuse and misuse of the term ‘joint venture’ in the industry is raising concerns. Despite its popularity in the industry, most ‘joint ventures’ are more akin to unregistered offerings, potentially putting them in violation of the law.
Conclusion
As the world of real estate investing evolves, understanding the changing dynamics of securities laws has never been more important. Whether you’re an investor or a developer, staying abreast of these changes can help you navigate your investments more effectively.
To continue this discussion and dive deeper into the rapidly changing world of real estate securities laws, connect with Mauricio Rauld via his YouTube channel or check out his new book, Legal Strategies For Everyone, available at Legal strategies for everyone.com
