Title to Rents In Borrower Notwithstanding Assignment of Rents
By
Mike Berey on August 14, 2017
The owner of a rental property in Loudonville, New York defaulted on his mortgage. Hermann, the mortgagee, advised that tenants that he was entitled to rents at the property under the assignment of rents provision in the mortgage. The tenants engaged ...
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Topics: Rental Property