Fraser

NOVEMBER 11, 2022

——— Controversial Landlord-Tenant Rules Proposed by State Court Administrative Office. The State Court Administrative Office unveiled proposed changes to Michigan Court Rule 4.201 , that if enacted, would alter the way eviction cases are handled for both landlords and tenants. Election Law | Garett Koger.

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NCBA Law Practice Management Blog

JUNE 11, 2023

A lot of lawyers eventually become commercial real estate owners. But, perhaps the best thing about the arrangement is that, as a landlord, you can select your tenants, which means that you can align your business interests with your real estate interests. There are a number of things that recommend the maneuver.

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PBWT

FEBRUARY 5, 2023

A claimant must show a claim is for “the actual, necessary costs and expenses of preserving the estate.” ” As is discussed below, the focus is on what benefits the bankruptcy estate, not on what a claimant asserts it lost. But the amount a debtor must pay a landlord has to be “reasonable.”

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Fraser

OCTOBER 28, 2022

. ——— State Court Administrative Office Proposes New Landlord-Tenant Rules. The State Court Administrative Office unveiled new proposed rules that if enacted, would alter the way eviction cases are handled for both landlords and tenants. Related Practice Groups and Professionals. Election Law | Garett Koger.

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Credit Corp

AUGUST 8, 2021

At the risk of stating the obvious, real estate costs a lot. That makes it expensive to invest in, and difficult to diversify among real estate investments. So, what can an investor do if they want to add real estate investments to their portfolio, but only have $1,000 to invest? Publicly-Traded REITs.

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Credit Corp

MARCH 24, 2023

However, real estate offered some much-needed solace for some. According to Morningstar , investor confidence in real estate soared to unprecedented heights in 2022, and it’s easy to see why. However, bad credit doesn’t necessarily bar investors from the real estate market.

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Burr Forman

JULY 30, 2020

The April 30th order also stated “that the judge shall require the person or entity pursuing eviction or foreclosure to certify in writing that the real estate at issue is not subject to the limitations and requirements of the federal Coronavirus Aid, Relief, and Economic Security Act. The landlord must have legal cause to do so.

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Fraser

OCTOBER 23, 2020

An article interpreting that order and discussing how it might apply to common eviction, landlord, mortgage and land contract situations appears here. A court form for landlord/plaintiffs and tenant/defendants to file (attesting that the case is not subject to the CDC order or attesting that it is) can be found here.

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Burr Forman

AUGUST 11, 2020

The federal order associated with the CARES Act was broader and expired on July 24, allowing landlords to begin issuing 30 days’ notice for tenants to vacate properties. However, the CARES Act moratorium only prevented residential landlords from initiating proceedings if those landlords had federally backed mortgages.

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Fraser

SEPTEMBER 3, 2021

As of Friday August 27, 2021, when the author personally filed landlord-side eviction actions at a district court near you, the district courts were still requiring use of SCAO form DC 511 – a form modeled after the CDC moratorium and allowing tenant declarations consistent with it. 2020-17 (“Order 17”), found here.

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Credit Corp

JUNE 4, 2021

With the self-directed option, you can invest in “alternative” assets like real estate, precious metals, privately held companies, and yes, cryptocurrency. How to Invest in Real Estate with a Self-Directed IRA. Real estate can be a powerful vehicle to build wealth and financial independence.

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Credit Corp

JUNE 1, 2020

Most landlords are obligated to perform general property maintenance and ensure the property adheres to health and safety codes. The landlord illegally entered your rental space. Landlords must provide legitimate reasons for entering your home, and in many states, they must provide written notice before they do so.

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Collection Industry News

OCTOBER 5, 2021

If you’re a landlord who’s unable to pay your mortgage, filing for forbearance isn’t your only option. These 10 real estate plays are the best ways to invest in real estate right now. By signing up to be a member of Real Estate Winners, you’ll get access to our 10 best ideas and new investment ideas every month.

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Burr Forman

JANUARY 7, 2022

From Burr & Forman’s Hilton Head office: John Carroll is a member of the firm’s real estate practice group where he practices law at the intersection of real estate development and regulatory policy.

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PBWT

JULY 1, 2020

The economic fallout from the COVID-19 pandemic has been particularly acute for commercial landlords. Yet, while it may not always feel that way to them, landlords actually have it better than most creditors in bankruptcy.

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Nexa Collect

SEPTEMBER 15, 2020

Recovering money for Commercial Property Owners, Landlords & Malls. The financial pressures have triggered feverish increases in the number of loan impairments for residential and commercial real estate loans. Need a Collection Agency – Serving Nationwide? Contact Us. High Recovery rate.

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Collection Industry News

MARCH 23, 2021

amount of their rent payments since March 1, 2020, the landlord or. hardship declaration to the landlord or lender, as applicable. delinquent taxes or to sell a tax lien relating to commercial real. small business that owns commercial real property or negative. their landlords. hardship declaration.

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Collection Industry News

MAY 18, 2021

Jasco Management , which owns dozens of small apartment houses in Jersey City, keeps a ledger that illustrates how New Jersey’s coronavirus eviction moratorium has hammered landlords. That’s not the case for small landlords who depend on rents for their own monthly household income, he said. We want to work with people.

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Collection Industry News

OCTOBER 21, 2022

Commercial property investors like real estate investment trusts (REITs) rely on being able to earn more in rents and profits from sales than they shell out in expenses, including costs of debt and equity capital. in September, the largest monthly decline since July 2016, the month after Britain voted to leave the European Union.

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Fraser

MARCH 1, 2021

If you are a landlord in Michigan and seek further guidance on this matter please contact Jared Roberts at Fraser Trebilcock. Jared Roberts is a shareholder at Fraser Trebilcock who works in real estate litigation and transactions, among other areas of the law.

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Credit Corp

APRIL 25, 2021

Purchasing a property for house hacking is best done with a real estate agent, aka realtor. However, it’s beneficial to find a realtor who has experience with real estate investments. Ideally, the realtor owns real estate investment properties in the area. Work with an Investment Focused Realtor.

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Fraser

AUGUST 4, 2021

In particular, “[t]his Order does not preclude a landlord challenging the truthfulness of a tenant’s, lessee’s, or resident’s declaration in court, as permitted under state or local law.” If you are a Michigan landlord seeking to navigate this current climate please contact Jared Roberts at Fraser Trebilcock.

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Click Notices

OCTOBER 29, 2020

Center for Disease Control and Prevention (CDC) issued its order regarding the “Temporary Halt in Residential Evictions to Prevent the Further Spread of COVID-19″ The order went into effect on September 4, 2020 and prohibits residential landlords from evicting certain tenants through December 31, 2020. Who Does the CDC Order Protect?

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Fraser

SEPTEMBER 3, 2020

Under this Order a residential landlord or other entity with a legal right to evict is prevented from evicting “any covered person from any residential property in any jurisdiction to which this Order applies.” Jared also “walks the walk” as a landlord and owner of residential rental properties and apartments in Downtown Lansing.

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Collections Law

APRIL 5, 2022

Nearly any commercial enterprise can benefit from professional collection assistance.

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Credit Corp

JUNE 30, 2021

SL Green is Manhattan’s largest office landlord, and currently owns 96 buildings totaling 41 million square feet. Office real estate is extremely challenged, as the coronavirus pandemic has forced many people to work at home. STAG Industrial is an owner and operator of industrial real estate. SL Green Realty (SLG).

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Fraser

JULY 12, 2022

The case involved a frustration of purpose defense to the landlord’s breach of contract claim. For example, if you’re a commercial landlord, you may not want a force majeure clause to encompass pandemics like COVID-19 – it could give a delinquent tenant ammunition in its efforts not to pay you. Mattress Firm, Inc. ,

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ABI

JANUARY 13, 2021

Under the Bankruptcy Code, a landlord is entitled to “adequate protection.” [xvi] Notwithstanding the statutory obligation to pay rent, a court may delay that obligation under appropriate circumstances if delay is in the best interests of the estate. Tags: Real Estate at 202–203. at 203–204. [xx] xxii] Id. .

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Fraser

JULY 8, 2022

It protects a lender against scenarios in which a borrower (typically a commercial landlord) is continuing to collect rent from a property but is no longer making mortgage payments. Real Estate | Jared Roberts. The Michigan UARA codifies rules related to assignments of rents, bringing clarity to both lenders and borrowers.

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Collection Industry News

AUGUST 9, 2021

Most recently, we provided an update to the Alabama Association case, which a coalition of landlords and realtors first brought against the CDC to prevent its continued enforcement of the Order in contravention, they argued, of federal law and the U.S. Constitution ( Alabama Association of Realtors, et al. This decision by the D.C.

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BN Lawyers

MARCH 23, 2020

It can make the difference between being able to work out an arrangement with a landlord or equipment lessors and needing to file for a chapter 11 bankruptcy to save your business. Secured lenders are the lenders with liens against the real estate, equipment, accounts, or other property of the business.

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Troutman Sanders

JUNE 22, 2021

State Activities: On June 16, the New Jersey Assembly Community and Development and Affairs Committee advanced Senate Bill 3584, which establishes immunity related to the COVID-19 spread in planned real estate developments. This new legislation would include: Supervision of Data Aggregators. Office of Civil Rights.

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Credit Corp

APRIL 18, 2021

The increasingly popular rental market has made real estate a brilliant source of passive income for many prospective investors with the initial capital to become a landlord. Property has been a safe investment for many years.

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Troutman Sanders

JULY 7, 2021

On July 1, the CFPB released an enforcement compliance bulletin reminding landlords, consumer reporting agencies, and others of their critical obligations to accurately report rental and eviction information. For more information, click here. For more information, click here. For more information, click here. On June 29, the U.S.

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Price Meese

OCTOBER 11, 2021

The Fair Chance in Housing Law-What Landlords and Realtors Should Know. While the intent of the law is laudable, it greatly changes the landscape for realtors and landlords with respect to how they evaluate tenants for residential rental units. Thus, the Chapter 110 will apply to traditional landlords, as well as realtors.

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Jimerson Firm

DECEMBER 15, 2020

The Uniform Commercial Real Estate Receivership Act. Effective July 1, 2020, the Florida Legislature enacted the Uniform Commercial Real Estate Receivership Act (the “Act”), which is found at Chapter 714 of the Florida Statutes. See Overview of Florida’s New Uniform Commercial Real Estate Receivership Act.

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Jimerson Firm

SEPTEMBER 22, 2020

Pursuant to Section 697.07, Florida Statutes, a mortgage or separate instrument may provide for an assignment of rents of real property or any interest therein as security for repayment of an indebtedness. Assignment of Rents under Section 697.07, Florida Statutes. 697.07, Fla.

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