Citibank and Fannie Mae announced that they will suspend foreclosures and evictions for thirty days, which would give thousands of borrowers a brief holiday respite from the legal process meant to take their homes away. At the same time, CitiMortage has converted only 271 out of the 103,478 trial mortgage modifications into final modifications. When faced with their dismal performance in finalizing mortgage modifications, the banks uniformly blamed borrowers who completed the trial period but did not send in paperwork necessary to finalize their modifications. One wonders if these banks could have avoided some foreclosures by finalizing more mortgage modifications.
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New York City has a system of rent stabilization that is meant to provide affordable housing to the working class. The rent stabilization program limits the rents a landlord can charge and caps the annual rate of rent increases. Landlords must also offer renewal leases and required services to tenants, who can be evicted only for specific reasons set forth in the law. The subject is controversial and leads to many landlord-tenant disputes. This article provides an overview of the rent stabilization program in New York City.
Tags: civil court, evictions, Landlord-Tenant, Rent Stabilization
New York City’s Tenant Protection Act protects tenants from landlord harassment but is balanced to stop frivolous claims by tenants. Landlords have a pecuniary interest in evicting tenants residing in rent-stabilized or rent-controlled apartments. While there are tenants who illegally sublet their regulated apartments for a profit while they live elsewhere, there are also instances where innocent tenants find themselves being harassed by their landlords. The Act protects tenants who are being harassed by landlords looking to evict them.
Tags: evictions, Landlord-Tenant, self-help eviction, summary eviction
The prototypical eviction involves a landlord and a tenant who has not paid his rent. However, evictions come up in other situations. A landlord might evict a squatter. Or a roommate who is not on the lease may be evicted by his fellow roommates. The legal process used in all these situations are the same: a summary eviction proceeding filed in Civil Court. (A rather important, though rare, exception: if the premises being rented lacks a proper certificate of occupancy from the city, you have to bring an action for ejectment in NY Supreme Court. This is really slow and troublesome.) Read the rest of this entry »
Tags: civil court, ejectment, evictions, Landlord-Tenant, self-help eviction, summary eviction
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