Q: I had a flood at my condominium, but I can’t tell if it came from the unit above me or from the plumbing in the wall. What rights do I have? What can I do? A: Where the water is coming from, will determine who is responsible for your damages. For example, if the condo [...]
Anyone trying to buy a home in the past year has faced a situation where another buyer came in with an offer that was all cash, and significantly over asking price. While the home price trajectory may have slowed a bit recently, the last year has been incredible and unprecedented. It is the epitome of [...]
Q: I am seeing more and more tenants who have had an eviction during the moratorium because they fell on hard times. Can I change my practice and accept residents who have been evicted? A: Absolutely – who you chose to rent to is an operational decision, as long as it’s done legally. In other [...]
by Mark Zinman, Zona Law Group With home prices on an upward trajectory, we are seeing residents who have option agreements begin to exercise those options. An investor who gave a resident a lease and option 2 years ago, likely could not have projected the substantial increase in home values we have seen in the [...]
The following information is provided by AZREIA Business Associate Zona Law Group P.C. CDC MORATORIUM NOT IMMEDIATELY INVALIDATED Today, the U.S. Supreme Court issued a one-page ruling denying relief in one of the cases challenging the CDC moratorium. This is a bad ruling for property owners and managers, but it's not the end of the [...]
The following information is provided by AZREIA Business Associate Zona Law Group P.C. CDC MORATORIUM EXTENDED UNTIL JULY 31, 2021 As we expected, the CDC extended the eviction moratorium. This time it was extended until July 31, 2021. In the new Order, the CDC claims that this will be the last extension. A few interesting [...]
