Real property law

Stewart Expands Commercial Operations with the Acquisition of the Thomas Title & Escrow Team

Retrieved on: 
Wednesday, June 2, 2021
Professional services, Other Construction & Property, Residential Building & Real Estate, Insurance, Commercial Building & Real Estate, Construction & Property, Real property law, Stewart Information Services Corporation, Escrow, Service companies, Companies, Finance

Stewart Information Services Corporation today announced the acquisition of the Thomas Title & Escrow team and offices in Scottsdale, Houston and Dallas.

Key Points: 
  • Stewart Information Services Corporation today announced the acquisition of the Thomas Title & Escrow team and offices in Scottsdale, Houston and Dallas.
  • Since its founding in 2006, Thomas Title & Escrow has been one of the leading full-service commercial title companies, serving customers across the country.
  • The experienced industry experts at Thomas Title will be a key component in our strategy to expand our national commercial presence, said Fred Eppinger, Stewart Chief Executive Officer.
  • Thomas has a strong reputation and a national presence that complements our current operations and creates a market-leader in commercial services.

Marin Agricultural Land Trust (MALT) Partners with Hog Island Oyster Company to Protect Historic Tomales Bay Ranch

Retrieved on: 
Wednesday, June 2, 2021
Agriculture, Natural Resources, Environment, Real property law, Geography of California, West Marin, Property law, Agriculture in the United States, Conservation easement, Energy law, Urban planning, Hog Island, Marin County, California, Easement, Geography of the United States

The Marin Agricultural Land Trust (MALT), a pioneering farmland trust in Californias Marin County, announced today that it has closed an agricultural conservation easement with Hog Island Oyster Company in Marshall, permanently protecting the 250-acre Leali Ranch for agriculture and cultivation of marine organisms.

Key Points: 
  • The Marin Agricultural Land Trust (MALT), a pioneering farmland trust in Californias Marin County, announced today that it has closed an agricultural conservation easement with Hog Island Oyster Company in Marshall, permanently protecting the 250-acre Leali Ranch for agriculture and cultivation of marine organisms.
  • Through this agricultural conservation easement, MALT permanently protects Leali Ranch and enables Hog Island Oyster Company to further invest in innovative circular production practices.
  • Hog Island Oyster Company, founded in 1983 by two marine biologists, has always taken a long-term view in its operations.
  • Marin Agricultural Land Trust is a nonprofit organization created in 1980 to permanently preserve Marin County farmland and establish Marin County as a thriving agricultural community in a healthy and diverse natural environment.

Knight-Swift Transportation Holdings Inc. Announces Stock Acquisition of UTXL, Inc., a Premier Third-Party Logistics Company, Based in Kansas City, Missouri

Retrieved on: 
Tuesday, June 1, 2021
Trucking, Automotive, General Automotive, Logistics, Supply chain management, Transport, Fleet management, Other Transport, Financial markets, Finance, Money, Escrow, Personal finance, Real property law, Knight-Swift, Swift Transportation, Society for Worldwide Interbank Financial Telecommunication

The purchase price consideration was approximately $22.5 million, a portion of which was placed in escrow to secure indemnification obligations.

Key Points: 
  • The purchase price consideration was approximately $22.5 million, a portion of which was placed in escrow to secure indemnification obligations.
  • The purchase price consideration is subject to a customary working capital adjustment and additional potential deferred payments over the next two years.
  • UTXL generated over $100 million in operating revenue last year, contributing to an operating ratio in the low-90s.
  • Knight-Swift CEO, Dave Jackson, conveyed the following, "The UTXL teams excellence in providing customer-specific solutions will be an invaluable complement to our Knight-Swift transportation service offerings.

DepositLink Selected by HUNT Real Estate ERA to Streamline Real Estate Payments

Retrieved on: 
Tuesday, June 1, 2021
Escrow, Personal finance, Real property law

BOSTON, June 1, 2021 /PRNewswire/ -- DepositLink , the industry leader in electronic payments for residential real estate transactions, today announced it has been selected by New York powerhouse HUNT Real Estate ERA.

Key Points: 
  • BOSTON, June 1, 2021 /PRNewswire/ -- DepositLink , the industry leader in electronic payments for residential real estate transactions, today announced it has been selected by New York powerhouse HUNT Real Estate ERA.
  • "We look forward to working with DepositLink to provide all of our HUNT Real Estate sales professionals with a secure, hassle-free method for clients to send escrow funds directly to our account," said Charlie Hunt, Executive Vice President and COO for HUNT Real Estate Corp.
    "Working with HUNT is a true testament to how we are redefining how real estate transactions work, through our innovative technology-forward platform," said Jay Rooney, CEO and Founder, DepositLink.
  • HUNT Real Estate Corporation is the parent company of HUNT Real Estate ERA and operates over 50+ branches throughout western and upstate New York, Massachusetts, and metropolitan Phoenix, Arizona.
  • Founded in 1911, HUNT is the most successful family-owned and operated real estate company in New York State, and is ranked the 35th largest real estate firm in the nation for closed transactions by REAL Trends.

Rent Payment Platform Till Announces Partnership with ACRE and New Credit Building Product for Residents

Retrieved on: 
Tuesday, June 1, 2021
Real property law, Landlord

It's a hassle-free solution for landlords.Till offers rent reporting alongside its full suite of services that enable renters to better pay their rent.

Key Points: 
  • It's a hassle-free solution for landlords.Till offers rent reporting alongside its full suite of services that enable renters to better pay their rent.
  • As Till improves renter outcomes through its Flexible Rent product, Credit Builder now helps renters build a financial foundation and improve collections.
  • Till Credit Builder is the first in a suite of new products to be released by Till in 2021, improving credit access to renters.
  • We're excited to launch Credit Builder with ACRE and aid the process of building a better financial future for renters."

Orletto Capital II Inc. Announces Annual General and Special Meeting to Adopt and Align the Corporation With the New CPC Policy

Retrieved on: 
Thursday, May 27, 2021
Escrow, Personal finance, Real property law, Communist Party of Canada, Articles

Capitalized terms used herein and not otherwise defined have the meaning ascribed to them in the Exchange Corporate Finance Manual or the New CPC Policy.

Key Points: 
  • Capitalized terms used herein and not otherwise defined have the meaning ascribed to them in the Exchange Corporate Finance Manual or the New CPC Policy.
  • Under the New CPC Policy, securities subject to a CPC escrow agreement are subject to an 18-month escrow period, as opposed to the 36-month period previously required under Policy 2.4.
  • The New CPC Policy permits for the payment of a finders fee or a commission to a Non-Arms Length Party to the Corporation upon Completion of the Qualifying Transaction.
  • Under the New CPC Policy, the Corporation is permitted to adopt other transition provision without obtaining Shareholders approval.

Zombie Foreclosures Increase 21 Percent Across Nation In Second Quarter Of 2021

Retrieved on: 
Thursday, May 27, 2021
Articles, Mortgage, Culture, United States housing bubble, Foreclosure, Real property law, Urban decay, Zombie

The report reveals that 223,671 properties are in the process of foreclosure in the second quarter of this year, up 27.5 percent from the first quarter of 2021 but still down 13.3 percent from the second quarter of 2020.

Key Points: 
  • The report reveals that 223,671 properties are in the process of foreclosure in the second quarter of this year, up 27.5 percent from the first quarter of 2021 but still down 13.3 percent from the second quarter of 2020.
  • The number of pre-foreclosure homes or Zombie homes sitting empty (8,078 in the second quarter of 2021) was up both quarterly, by 21 percent, and annually, by 5.6 percent.
  • The portion of pre-foreclosure properties that have been abandoned into zombie status dropped slightly, from 3.8 percent in the first quarter of 2021 to 3.6 percent in the second quarter of 2021.
  • Among the nation's total stock of 99 million residential properties, the portion represented by zombie properties remains miniscule, but has grown slightly in the second quarter of 2021.

Affinion Probate specialises in obtaining a Grant of Probate or Letters of Administration for families at a difficult time in their life

Retrieved on: 
Wednesday, May 26, 2021
Inheritance, Law, Real property law, Articles, Probate, Administration, Will and testament, Probate court

If there is a valid Will it is called a Grant of Probate and if there is no valid Will it is called Letters of Administration.

Key Points: 
  • If there is a valid Will it is called a Grant of Probate and if there is no valid Will it is called Letters of Administration.
  • Without either of these, the deceaseds property cannot be sold and their financial assets cannot be accessed.
  • Affinion Probate is a leading company specialising in obtaining a Grant of Probate or Letters of Administration, and often manage to deliver this at a lower price (at a fixed rate with no hidden fees) and much faster than traditional Probate providers.
  • Affinion Probate handle the complicated process of obtaining a Grant of Probate or Letters of Administration with great skill, drawing on their experience to give you a speedy and first-class service.

New Survey Reveals Need for Commercial Occupiers and Landlords To Get More in Step on the Future of the Office

Retrieved on: 
Tuesday, May 25, 2021
Real property law, Landlord, CoreNet Global

MRI partnered with CoreNet Global, the leading association for corporate real estate professionals,to survey 200 tenants and 50 landlords across a broad cross-section of industries worldwide.

Key Points: 
  • MRI partnered with CoreNet Global, the leading association for corporate real estate professionals,to survey 200 tenants and 50 landlords across a broad cross-section of industries worldwide.
  • The findings offer insights into key post-pandemic views on the return to work and indicate critical differences in the expectations of commercial tenants and landlords.
  • "Many of the findings were expected but the differences in outlook between commercial occupiers and their landlords were particularly surprising," says Brian Zrimsek, Industry Principal, MRI Software.
  • "The good news is that both tenants and real estate owners see the benefits of bringing the workforce back into the office.

Trustee Sale Reversal is Not Impossible, Proven by the Nonprofit Alliance of Consumer Advocates With Yet Another Success Story

Retrieved on: 
Friday, May 21, 2021
United States housing bubble, Foreclosure, Mortgage, Real property law, Urban decay, Real estate, Land law, Articles

Eventually, the foreclosure process took her home after her lender had denied her assistance.\nFortunately, she contacted the Nonprofit Alliance of Consumer Advocates who told her that Trustee Sale Reversals are very rare, complex, and are time-sensitive but not impossible, even when they sell to 3rd party bidders.

Key Points: 
  • Eventually, the foreclosure process took her home after her lender had denied her assistance.\nFortunately, she contacted the Nonprofit Alliance of Consumer Advocates who told her that Trustee Sale Reversals are very rare, complex, and are time-sensitive but not impossible, even when they sell to 3rd party bidders.
  • Starting with immediately engaging with Consumer Defense Law Group, LLC owned and operated by Attorney Anthony Cara who has successfully reversed many Trustee Sales for clients that have been referred by the Nonprofit Alliance of Consumer Advocates.
  • Consumer Defense Law Group has an A+ BBB rating has more than a 95% success rate in reaching settlement agreements for clients against lenders who previously refused to assist homeowners.
  • If you or anyone you know are in danger or have been foreclosed upon, contact the Nonprofit Alliance of Consumer Advocates.