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18 Aug 2008, 3:30 pm
This protection is found in Section 363(m) and reads as follows: The reversal or modification on appeal of an authorization under subsection (b) or (c) of this section of a sale or lease of property does not affect the validity of a sale or lease under such authorization to an entity that purchased or leased such property in good faith, whether or not such entity knew of the pendency of the appeal, unless such authorization and such sale or… [read post]
10 Jul 2013, 7:15 am
If so, carefully review each lease agreement to determine the landlord and tenant obligations, if the tenant has a right to purchase or relocate, if tenant has exclusivity, if tenant paid a deposit or advance rents. [read post]
30 Aug 2020, 3:13 pm
This is known as a “flip deal,” and according to Smart Oil was contemplated under section 17(c) of the Agreement, which states in bold: “The parties acknowledge that Seller is the holder of a portfolio of gas station businesses, real estate and/or leases and only nominal title holder for purposes of transferring title to the Buyer. [read post]
6 Sep 2019, 2:06 am
As an example, almost every real estate lawyer in northeast Florida area is aware of Secret Oaks Owner’s Ass’n, Inc. v. [read post]
11 Jun 2007, 6:13 am
Until the full purchase price is paid, the State is not bound to convey; there are many uncertain events to happen before it will be known whether it will ever have to convey, and it retains for certain purposes, its old dominion over the estate. [read post]
20 Jul 2023, 2:09 am
This can make DST investments attractive to older real estate investors who still want the benefits of real estate ownership but without the hassle. [read post]
21 Apr 2020, 9:03 am
” It’s important to note that the Act’s moratorium does not include evictions of tenants in a small business premises unit due to (i) the expiration of the lease term or (ii) a tenant’s default under the terms of its lease or tenancy that occurred before the Governor’s emergency declaration. [read post]
4 Aug 2011, 8:43 am
While dealing with a similar situation, this Court watered down the concept that the chance of a Mohammedan heir apparent succeeding to an estate cannot be the subject of a valid transfer on lease and held that renunciation of an expectancy in respect of a future share in a property in a case where the concerned party himself chose to depart from the earlier views, was not only possible, but legally valid. [read post]
2 Feb 2022, 9:06 pm
For example, I might “own” an estate called Blackacre, but I can rent the back 40 to you, lease the westfold to your cousin, give you brother fishing rights in the stream, your sister an easement to cross the forest, and the bank a mortgage (that’s a contingent property interest). [read post]
1 Sep 2021, 1:28 pm
An auto rented or leased for more than 30 days will be considered as furnished or available for regular use. [read post]
26 Dec 2024, 1:23 pm
Gather audited financial statements, contracts and leases, ownership records, and tax returns. [read post]
7 Jul 2021, 9:08 pm
The general counsel for the Real Estate Board of New York expressed concern that the ordinance would discourage landlords from leasing to media, technology, or life sciences companies, since these businesses use more energy. [read post]
31 Jul 2020, 5:37 pm
For nearly all that time, the firm also has written Miller & Starr, California Real Estate 4th, a 12-volume treatise on California real estate law. [read post]
25 Nov 2013, 3:45 am
He noted that while Article Ninth requires the consent of 75% of the limited partners to sell, lease or otherwise dispose of the property prior to January 1, 1996, ”[t]he agreement appears to be silent as to whether the approval of the limited partners is necessary for a sale after that date. [read post]
31 Dec 2008, 3:00 am
“If a landlord is smart, he shouldn’t hang up on a guy that needs to work out an accommodation on a lease,” Wurst said. [read post]
20 Oct 2012, 3:32 pm
Real Estate issues – ownership of real estate; title to land; possessory rights will affect vesting and titling; ownership must be researched and verified for many years back; building codes and certificates of occupancy rules may vary widely from the US.9. [read post]
22 Oct 2012, 8:03 am
New Construction residential real estate sales are at an all time low. [read post]
4 Jun 2012, 5:01 am
In a city where the average real estate tax bill on a residence is roughly $1,350, the invoice came as quite a shock.There are two reasons for the huge jump in the taxpayer’s real estate property tax bill. [read post]
13 Mar 2019, 4:27 pm
., Del Cerro Mobile Estates v. [read post]
22 May 2023, 5:29 am
They can handle everything from tenant screening and lease agreements to rent collection and property maintenance. [read post]