Features

Constitutionality of Tax Sale Practices Questioned By NY’s Second Department
When a village or other taxing authority conducts a tax lien sale, and the purchaser of the tax lien subsequently acquires a tax deed, what rights does the tax-delinquent former owner of the property enjoy?

Landlord & Tenant Law
Owners Vicariously Liable for Discrimination By Real Estate AgentResidential Loft Tenant Entitled to Yellowstone InjunctionIndicia of Fraud Justify Examination of Rental History Beyond Base Date
Features

CA Supreme Court Upholds Co-Tenancy Clause
The Supreme Court of California determined that the landlord held the requisite control under the associated lease agreement with the co-tenant because that co-tenant was located on property owned by that landlord. The court made a clear distinction between that scenario and the situation where a co-tenant is located on property owned by an unrelated third party.
Features

Feds Downsizing Raises Concerns for CRE
The commercial real estate market, particularly the office sector, faces a significant and imminent challenge: substantial reductions in federal government leasing. It's not a question of if but how much Uncle Sam will downsize its office footprint.
Features

Foreclosures May Not Be Limited to Loan Payment Default
Lenders typically will only pursue foreclosure as a remedy for default if a borrower has defaulted on a real, economic term of the deal — that is, when the borrower has failed to pay principal or interest.However, a series of recent cases has illustrated that borrowers who default on terms of the loan which are unrelated to the debt itself may nonetheless face foreclosure.

Co-ops and Condominiums
Proprietary Lease’s Attorney’s Fee Provision Unenforceable
Features

Fast Turnarounds Beat Long-Term Ownership In the Office Market
There’s been a rebound for Class A and A+ office properties. This comes after office reached bottom in 2023, with Colliers calling the asset class a “leader in year-over-year sales gains.”
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