Landlord–tenant law

SueYa.com Relaunches with Powerful New Platform to Aid California Landlords Post-Pandemic

Retrieved on: 
Thursday, June 24, 2021

Our system is designed to give you the tools to succeed in a California court, without breaking the bank.

Key Points: 
  • Our system is designed to give you the tools to succeed in a California court, without breaking the bank.
  • Earlier this year, Governor Gavin Newsom signed legislation to extend the state's landmark eviction moratorium through June 30, 2021.
  • SueYa.com is ideally positioned to assist many landlords who, despite popular belief, experienced tremendous financial hardship during COVID-19 with little legal recourse.
  • SueYa.com plans to roll out additional features in the coming months and recently greenlit its Process of Service platform for volume filers across California.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Wednesday, June 23, 2021

Total headcount for equipment finance companies was down 13.8 percent year-over-year, a decrease due to significant downsizing at an MLFI reporting company.

Key Points: 
  • Total headcount for equipment finance companies was down 13.8 percent year-over-year, a decrease due to significant downsizing at an MLFI reporting company.
  • Separately, the Equipment Leasing & Finance Foundations Monthly Confidence Index (MCI-EFI) in June is 71.3, steady with the May index of 72.1.
  • The MLFI-25 measures monthly commercial equipment lease and loan activity as reported by participating ELFA member equipment finance companies representing a cross section of the equipment finance sector, including small ticket, middle-market, large ticket, bank, captive and independent leasing and finance companies.
  • Based on hard survey data, the responses mirror the economic activity of the broader equipment finance sector and current business conditions nationally.

DGAP-News: HAMBORNER REIT AG signs follow-on leases with new anchor tenants for all REAL locations

Retrieved on: 
Tuesday, June 22, 2021

In view of the ongoing restructuring of the hypermarket group Real, HAMBORNER was proactively exploring alternative uses for this space and began negotiations with potential new tenants for follow-on leases early on.

Key Points: 
  • In view of the ongoing restructuring of the hypermarket group Real, HAMBORNER was proactively exploring alternative uses for this space and began negotiations with potential new tenants for follow-on leases early on.
  • As a result, a mutually satisfactory cancellation agreement was reached with the existing tenant Real, and leases with new and attractive anchor tenants in the food retail sector were signed at the same time.
  • Globus will also be using other areas in the property in addition to the space currently leased by Real.
  • The company is a registered real estate investment trust (REIT) and benefits from corporation and trade tax exemption at company level.

NJ.com Names Visual Lease a Top Workplace in New Jersey

Retrieved on: 
Monday, June 21, 2021

Visual Lease , provider of the #1 lease optimization software, has been named a Top Workplace in 2021 by NJ.com.

Key Points: 
  • Visual Lease , provider of the #1 lease optimization software, has been named a Top Workplace in 2021 by NJ.com.
  • Visual Lease was also recognized by NJBIZ as one of the Best Places to Work in New Jersey and was named No.
  • Visual Lease is the provider of the #1 lease optimization software for managing, analyzing, streamlining and reporting on lease portfolios.
  • Committed to ongoing innovation and unparalleled customer service, Visual Lease helps organizations transform their lease compliance requirements into financial opportunities.

NCLA Files Third Circuit Appeal to Stop Gov. Murphy’s Rental Security Deposits Executive Order

Retrieved on: 
Thursday, June 17, 2021

Washington, D.C., June 16, 2021 (GLOBE NEWSWIRE) -- New Jersey Governor Phil Murphy chose economic winners and losers with Executive Order No.

Key Points: 
  • Washington, D.C., June 16, 2021 (GLOBE NEWSWIRE) -- New Jersey Governor Phil Murphy chose economic winners and losers with Executive Order No.
  • 128 (EO 128), an unconstitutional mandate that forces residential housing providers to credit tenants security deposits toward rent payments.
  • NCLA urges the Third Circuit to restore the rule of law for all New Jerseyans by ruling that EO 128 violates the Contracts Clause of the U.S. Constitution.
  • By waiving nonwaivable provisions of the Rent Security Deposit Act, a law governing security deposits for residential leases in New Jersey, the Governor violated the Contracts Clause of the U.S. Constitution.

Star-C Pivots Again, Continuing Eviction Relief Fund as it Refocuses on Core Mission Coming Out of Pandemic

Retrieved on: 
Wednesday, June 16, 2021

Originally targeting a $50,000 crowdfunded fundraise, the ERF has now raised $9.9 million, thus far helping over 3,400 families avoid eviction in 14 counties in Metro Atlanta.

Key Points: 
  • Originally targeting a $50,000 crowdfunded fundraise, the ERF has now raised $9.9 million, thus far helping over 3,400 families avoid eviction in 14 counties in Metro Atlanta.
  • It was so encouraging to see the Atlanta community rally to provide support to those less fortunate."
  • Still, she notes that even as the world is wading into post-pandemic life, the Fund is not winding down.
  • Star-C is currently providing rent and utilities assistance in Cobb County, under a $4.1 million Emergency Rental Assistance Program allocation.

Update on legal proceedings

Retrieved on: 
Tuesday, June 15, 2021

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • Further to the Company's announcement of 23 April 2021 regarding the successful outcome of its legal action against two well-funded national tenants to recover unpaid rent, the Company can report that neither tenant sought the court's permission to appeal the decision of the Master and have now paid all the rent arrears claimed in the proceedings, as well as reaching an agreement on the legal costs incurred.
  • With regards to the outstanding rent arrears that had fallen due for payment since the claims were issued, these amounts have also been paid in full, and as a result the Company has received the full amount of rent arrears of 1,200,566 referred to in the previous announcement on 23 April.

Watch: NCLA Video Shows the Housing Providers Hurt by CDC’s Unlawful Eviction Moratorium

Retrieved on: 
Friday, June 11, 2021

v. Secretary Xavier Becerra, et al., challenging the ongoing nationwide eviction moratorium ordered by the Centers for Disease Control and Prevention (CDC) last September.

Key Points: 
  • v. Secretary Xavier Becerra, et al., challenging the ongoing nationwide eviction moratorium ordered by the Centers for Disease Control and Prevention (CDC) last September.
  • The video features Mr. Brown and Mrs. Sonya Jones, two plaintiffs who are owed tens of thousands of dollars in unpaid rent.
  • NCLA argues that the eviction moratorium far exceeds the constitutional and statutory limits of CDCs authority.
  • In the months after the district courts decision, multiple federal courts have set aside CDCs order as unlawful.

Suprva Healthcare Group, Inc. Plans to Acquire Medical Office Building in California

Retrieved on: 
Friday, June 11, 2021

Liverpool, New York, June 11, 2021 (GLOBE NEWSWIRE) -- Supurva Healthcare Group, Inc. (OTC Pink: SPRV) (the Company) announced today that it has signed a Letter of Intent to acquire a Medical Office Building (MOB) in Northern California.

Key Points: 
  • Liverpool, New York, June 11, 2021 (GLOBE NEWSWIRE) -- Supurva Healthcare Group, Inc. (OTC Pink: SPRV) (the Company) announced today that it has signed a Letter of Intent to acquire a Medical Office Building (MOB) in Northern California.
  • John D. Murphy Jr., the Companys CEO stated that the majority of the medical office building is leased to a credit rated health system that has increased its occupancy in the building over the past twenty years.
  • All the tenants have annual escalations, lengthy lease terms with multiple renewal options.
  • The building is a multiple story 50,000 square foot+ Class A MOB, located adjacent to a hospital, with great visibility, abundant parking, and ongoing capital investment.

Current Eviction Moratorium Set to End, Millions Again Face Deadlines, and Court Actions Challenge Renters and Landlords

Retrieved on: 
Friday, June 11, 2021

There are a variety of paths that may be taken if the CDC Covid 19 Eviction Moratorium ends on June 30, 2021.

Key Points: 
  • There are a variety of paths that may be taken if the CDC Covid 19 Eviction Moratorium ends on June 30, 2021.
  • Some states are beginning to take measures to extend beyond the federal deadline while a court case is attempting to get the moratorium eliminated via legal action.
  • Jay Inslee this week to hold off on lifting the statewide eviction moratorium until support programs are in place to keep renters from losing their homes in vast numbers.
  • With a highly trained and experienced staff, TenantScreeningUSA.com can provide help to landlords and property managers with all their tenant screening needs.