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THE LEASING HOTLINE

Highlights of the latest commercial leasing cases from around the country.

24 minute read August 18, 2003 at 06:58 PM
By
ALM Staff and Law Journal Newsletters
THE LEASING HOTLINE

FORECLOSURE

Purchaser of land at foreclosure needs proof of ownership to be entitled to rent. Mortgage Management purchased land with two billboards on it at a foreclosure sale. It received a Substitute Trustee's Deed at foreclosure that conveyed all the 'improvements, buildings … appurtenances thereon.”

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