The hidden exposure of tenant estoppels and SNDAs
You have signed a lease as a tenant. The negotiations were long and convoluted, but the lease has been signed and the space has been built-out.
You have signed a lease as a tenant. The negotiations were long and convoluted, but the lease has been signed and the space has been built-out.
The National Fair Housing Alliance filed new evidence Wednesday in an existing federal Fair Housing Act complaint against Deutche Bank, alleging the bank engaged in racial bias in maintaining foreclosed homes it owns. The NFHA added more properties to a complaint first filed in February, 2014, alleging the organization neglected homes in many working-class minority…
A letter to a lawyer that directed him to refer it to his professional liability insurance carrier gave the lawyer “a basis to reasonably expect a claim” and his failure to inform his insurer of the letter doomed his bid for coverage under his claims-made professional liability insurance policy of the malpractice action that subsequently…
And the winner in all this is the residential mortgage servicing industry, which collects monthly payments and cashes in on fees for every homeowner's misfortune. The number of repeat foreclosure filings in New York City far outstrips that of other major cities like Los Angeles, while New York state is No. Foreclosure News
Foreclosure filings, which include default notices, scheduled auctions, and bank repossessions, are down 20 percent from the same period a year ago, according to the Midyear 2017 U.S. Foreclosure Market Report from ATTOM Data Solutions. “With a few local market exceptions, foreclosures have become the unicorns of the housing market: hard to find but highly…
The once- epidemic level of underwater properties retreated further into history in 2016 as another 1 million homeowners regained equity in their homes. CoreLogic said on Thursday that 48 million homes, about 93.8 percent of those with a mortgage, now have positive equity. Foreclosure News
The Development Authority of the North Country is ready to embark on a $ 1 million effort to help turn around troublesome residential bank foreclosures in the city. The $ 1 million pilot program will be used to acquire bank-foreclosed properties in Watertown and renovate the homes, said Michelle L. Capone, DANC's regional development director….