News and Views
Judge Green orders FL-based special servicer LNR Property to make $2.5 million in repairs at 10 foreclosed buildings in the Bronx.
The Massachusetts State Senate is considering the woes of tenants victimized by the foreclosure crisis. It recently gave unanimous support to a law that targeted stabilization of the neighbourhood by giving protection to the tenants from eviction due to foreclosure. The Senate gave the nod to Act to Stabilize Neighborhoods.
California-based management company Proresidential has failed to pay the water bill for its tenant-occupied apartment complex in Oklahoma. The city has moved to shut off water service, and tenants have until Christmas to vacate.
According to this USA Today article, many families affected by foreclosure are dealing with their housing problems by moving in with relatives. This phenomenon may contribute to increasing vacancy rates across the nation.
"Foreclosure crisis reaches boiling point in Miami's Liberty City"
With the decision, the city can now form its rent stabilization board.
Senior tenants of the famed New York building fight back against the building owner who is claiming hardship.
Page Mill Properties' attorneys and attorneys representing tenants of Page Mill Properties each made arguments regarding East Palo Alto's rent control ordinance.
"BARRE – City councilors had hoped to hear from tenants this week in their continuing effort to update local ordinances on rental properties in the city, But instead, with one exception, they heard from their advocates."
A medical marijuana grower finds that some landlords don't want even legal pot in the building.
A Walnut Creek family that fell victim to identity theft finds their damaged credit makes it difficult to rent an apartment.
AB 2052 permits a victim of domestic violence, sexual assault, or stalking to terminate a residential lease early without financial penalty.
SB 120 would provide greater protections to tenants in foreclosure situations
"DAYTONA BEACH -- Dozens of pieces of furniture, mattresses, lamps and other assorted household items were scattered across Magnolia Avenue late Friday afternoon after several renters were kicked out of two houses lost to foreclosures."
The number of rent controlled apartments in New York City has declined from 155,361 in 1987 to less than 40,000 today. Many of these units are owned by landlords who seemingly neglect the apartments and their elderly tenants who have lived there since WWII.
A law before the California Assembly will give tenants the right to sue landlords who evict them illegally.
The Governor has vetoed Assemblymember Alberto Torrico's bill, AB 2586, which contained basic protections for tenants during foreclosures. The bill was sponsored by the Western Center on Law and Poverty.