Court Rules that Tenants’ Counterclaim Blocked By Previous Pay-and-Go Settlement
A recent decision by a New Jersey appellate court panel establishes a new issue for many future landlord tenant cases, that will prevent parties from raising issues related to a tenancy after reaching a “pay-and-go” consent judgment. In Raji v. Saucedo, the court upheld the trial court’s ruling the defendant’s counterclaim was barred because it […]
Purchasing a Multi-Family Home with Existing Tenants
When purchasing a multi-family property with tenants that are already living in the property, there are some particular issues that a landlord needs to watch out for. Multi-family housing can be an excellent investment, particularly when there are already tenants in the building who will provide steady cash flow from the property from day one […]
Landlord Rights in NJ: Everything You Need to Know
Do you rent property to others? If so, you need to get to know your landlord rights in NJ. Knowing your rights will ensure you make all the right moves. Over 35% of New Jersey residents live in rental housing. This high amount of renters puts rental housing availability in huge demand. That level of […]
No Certificate of Occupancy is Not a Bar to Eviction
Way back when in 2001 a New Jersey landlord that had grounds to evict a tenant for non-payment of rent or for other causes under landlord tenant law, could be barred simply because the property did not have a certificate of occupancy. Although the requirements vary from town to town, a certificate of occupancy is […]
What You Need to Know about Property Deeds in New Jersey
Some say variety is the spice of life. Well, in New Jersey, there is potpourri (no pun intended) of deeds and you better know which one you are receiving at a real estate closing. So, property deeds are signed written instruments for transferring the title of property from a seller to a buyer. Yes lackluster, […]
Who Benefits from Exclusive Use Provisions in Commercial Leases?
When you buy commercial property, you face many challenges. Among other things, it’s critical to ensure rental of all available space. In some circumstances, this means including exclusive use provisions in the lease agreement. Is that really such a good idea? Consider situations where a commercial landlord might agree to an exclusive use clause in […]
Forgery in Real Estate Transactions: A Growing Concern
It’s not just that it’s a crime. Forgery in real estate transactions poses the potential for all kinds of trouble. Unfortunately, it’s something you might learn firsthand. Recent news regarding fraudulent claims regarding deed transfers comes in from two neighboring states. In Pennsylvania, authorities charged a Philadelphia man with forging signatures on deeds to transfer […]