Tenants Guide to Landlord Influencing Tenant to Move Out

July 27, 2010

California law protects a tenant from retaliation by the landlord because the tenant has lawfully exercised a tenant right. California law also makes it unlawful for a landlord to attempt to influence a tenant to move by doing any of the following:

Engaging in conduct that constitutes theft or extortion.
Using threats, force, or menacing [...]

Landlords and Rental Property Owners Guide to Loss of Credit Rating in Foreclosures

July 27, 2010

The landlord or rental property owner’s credit reports will reflect the foreclosure sale. Foreclosures will lower credit scores, damaging their credit rating. Many lenders will not extend credit to borrowers within 5 years following a foreclosure sale of their home. For example, FHA will generally not insure a new mortgage loan for 5 years following [...]

Tenants Guide to Demolition of the Rental Unit by Landlord

July 27, 2010

The owner of a dwelling must give written notice to current tenants before applying for a permit to demolish the dwelling. The owner also must give this notice to tenants who have signed rental agreements but who have not yet moved in. The notice must include the earliest approximate dates that the owner expects the [...]

Landlords and Rental Property Owners Guide to Loss of Down Payment, Mortgage Loan Payments and Equity

July 26, 2010

Through foreclosure, homeowners lose the down payment made at the time of purchasing and the mortgage loan payments they made during the ownership of their home. Homeowners also lose the amount of any appreciation in market value that may have occurred since they purchased their home.
Prior mortgage loan payments, property taxes, insurance premiums, and monies [...]

Apartments.com National Survey Reveals the Majority of Apartment Dwellers Are Living Without Renters Insurance

July 26, 2010

CHICAGO, July 26 — Renters are 50 percent more likely to experience theft than those who own homes, according to the Bureau of Justice Statistics. Despite these risks, most apartment dwellers are still living without renters insurance. According to a recent Apartments.com survey of nearly 1,400 apartment hunters around the country, 67 [...]

Tenants Guide to Conversion of Rental Property into Condominium by Landlord

July 26, 2010

A landlord who wishes to convert rental property into condominiums must obtain approval from the local city or county planning agency. The landlord also must receive final approval in the form of a public report issued by the State Department of Real Estate. Affected tenants must receive notices at various stages of the application and [...]

Pembrook Capital Management Provides 47.1 Million Loan

July 26, 2010

NEW YORK, July 26 — Pembrook Capital Management, LLC, a commercial real estate investment management company, with a core focus on community-based real estate finance, provided a $47.1 million, 24 month fixed rate loan to recapitalize 100 11th Avenue in the Chelsea neighborhood of Manhattan, New York City, NY. The property construction is completed and [...]

Landlords and Rental Property Owners Guide to Sixth Procedure in Foreclosure

July 26, 2010

When the landlord’s or rental property owner’s home sells at the foreclosure sale, the lender or its servicing agent may elect to accept the sale proceeds as payment in full. This is known as a “full credit” bid. Should their lender or its servicing agent elect to “underbid” (direct the trustee to open the bidding [...]

Tenants Guide to Filing a Lawsuit against Landlords to Recover Money Damages in Repairs

July 25, 2010

A tenant can file a lawsuit against the landlord to recover money damages if the landlord does not repair serious defects in the rental unit in a timely manner.176 This kind of lawsuit can be filed in small claims court or Superior Court, depending on the amount demanded in the suit.177 The tenant can file [...]

Henderson Properties Announces New Business and Staffing Moves

July 25, 2010

Henderson Properties, a full-service Charlotte real estate firm, is pleased to make the following announcements.
Cotswold Glen Homeowners Association has contracted with Henderson Properties to provide professional association management services for the 32-unit townhome community in the Cotswold area of Charlotte.
Jeanne Colvin has been hired as Leasing Agent. She has worked in the Property Management field [...]

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