Columns & Departments
Landlord & Tenant
In-depth analysis of several pivotal rulings.
Features
Expanding the Scope of Good Guy Guarantees
Good Guy Guarantees are designed to ensure that defaulting commercial tenants leave the premises promptly, avoiding loss of rental income to landlords. However, in <i>Bri Jen Realty Corp. v. Altman</i>, the Second Department construed a Good Guy Guarantee to hold a guarantor liable for rent for 11 months after tenant surrendered the premises.
Columns & Departments
Cooperatives & Condominiums
Discussion of two recent cases.
Columns & Departments
Development
Cases involving an air stripped in a park, and failure to maintain a landmarked building.
Columns & Departments
Landlord & Tenant
Several key rulings are discussed.
Columns & Departments
Real Property Law
In-depth analysis of the latest important rulings.
Features
Tax Foreclosures: Notice to Mortgagees
Tax foreclosures implicate not only the interest of the delinquent fee owner, but also the interest of the holder of a mortgage on the fee interest. What happens when the mortgagee does not know about the tax delinquency, the tax foreclosure, or the expiration of the right to redeem the property?
Features
David vs. Goliath
<b><i>How to Handle the Right of First Refusal of a Single Parcel in a Multiple-Parcel Package Deal</b></i><p>It is best for all parties to avoid litigation by clearly addressing the possibility of a transfer of more than just the property that is the subject of the right when that property is part of a larger parcel, or could be part of a package deal.
Columns & Departments
Cooperatives & Condominiums
Why the holder of a prior mortgage was not entitled to surplus funds.
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