The outcome of the lawsuit, which the court accepted last Monday, will affect multiphase or incomplete condominium developments. The court will decide who pays property taxes on vacant land in a partially completed project — the developer or the people who have bought condos in the development.
via Wisconsin Law Journal .
New York State’s courts are closing the year with 4.7 million cases — the highest tally ever — and new statistics suggest that courtrooms are now seeing the delayed result of the country’s economic collapse.
via NYTimes.com.
More than $13 million in refunds could be coming to tens of thousands of business owners and landlords in San Diego if a Mira Mesa business owner prevails in his lawsuit seeking refunds of processing fees the city charged on top of business taxes.
via SignOnSanDiego.com.
The current state of the economy has resulted in many challenges for Americans. Foreclosures are at record highs, unemployment is very high and we are in the worst recession since The Great Depression. Times are tough, but we must adapt. Savvy investors see this time as an opportunity to make some of the best investments of their lives.
via Bigger Pockets.
It’s crazy. Agents are Bank of America’s biggest customer. But they treat us like dirt on short sales. It’s like we don’t matter to them at all. However, we do matter and a whole lot more than they realize.
via Agent Genius.
A decision issued Monday by Judge Alan S. Trust, sitting in the Central Islip Bankruptcy Court for Eastern District of New York, outlined the excessive measures taken by two Long Island debtors who filed a total of ten bankruptcy petitions over a 12 year period in an effort to stop the foreclosure of their jointly-owned home.
via Bankruptcy Law Blog.
