Sale of 100 Unit Building, Purchase Money Mortgage

Share

June 1998

We represented the seller and mortgagee in the sale of a 100 unit building, wherein the seller took back a mortgage for $260,000.00. Itkowitz later represented the mortgagee when the mortgage was satisfied.
 

 

If I break my lease early, doesn’t my landlord have to find a new tenant? Or am I liable for the rest of the lease?
Can I lose my Rent Stabilized apartment because I was away caring for a sick relative?
The Difference Between Subtenants and Roommates and Why it Matters
When a Commercial Tenant’s Surrender Includes Selling the Landlord FFE (Furniture, Fixtures, Equipment)
No Detrimental Reliance When There is a Merger Clause – Winning a Commercial Lease Guaranty Case on Appeal
Mortgage Commitment Real Estate Transaction