In this post we examine New Jersey law governing a commercial tenant's rights in the context of a foreclosure suit filed by the landlord's mortgage lender. If you are a commercial tenant whose landlord is being sued in foreclosure, or a lender contemplating whether to name a tenant in a foreclosure suit then this post is a must read. A lease betwe...
If Governor Elect Philip Murphy keeps his campaign promise, he will be signing a bill legalizing the use, production and sale of recreational marijuana within the first 100 days of his administration. The passage of this law will force municipalities throughout New Jersey to make some tough decisions. Do they embrace the tax and other economic ...
As technology changes the law must adapt. The New Jersey Supreme Court now recognizes that email and fax are each acceptable means of terminating a residential real estate contract within the 3-day attorney review period. Conley v. Guerrero (A-65-16)(April 6, 2017). In Conley the New Jersey Supreme Court had to revisit its earlier precedent establ...
Frequently we receive inquiries from prospective homeowners about clearing judgments discharged in their prior bankruptcy. The question typically arises after a contract of sale has been finalized and attorney review completed. A title company search reveals a prior judgment entered in the Superior Court of New Jersey, but which the client previous...
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