If you are a lender whose collateral includes rents from an apartment building, shopping mall, or other income-producing property, you might want to check your loan documents to be sure that you have ...
In his Financing column, Jeffrey Steiner warns mortgage lenders not to not rely on assignments of leases and rents, whether as a clause in the mortgage or as a separate agreement, to protect their ...
Absolute Assignment of Leases and Rents in 3d Cir Bankruptcy Law In the bankruptcy context, an absolute assignment of leases safeguards the lender's rights and remedies to collect and use the rents ...
Sixth Circuit Determines that an Absolute Assignment of Rents Perfected Under Michigan State Law Takes Property out of a Bankruptcy Estate (In Re Town Center Flats, LLC, Case No. 16-1812 — Decided May ...