SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Cogito who wrote (111914)5/26/2009 10:51:41 AM
From: epicure  Read Replies (1) | Respond to of 541787
 
Hey
how was your trip????

Was the water wonderful?



To: Cogito who wrote (111914)5/26/2009 11:21:29 AM
From: cosmicforce  Read Replies (1) | Respond to of 541787
 
Hi Allen,

Welcome back.

I may be mistaken, but seem to remember that there is an owner occupancy rule that allows owners to kick renters out so that they can move back into their own property.

Update: a quick Google confirmation shows this is true in a number of states. In New York, however, there are additional hoops that an owner must go through if the tenant is in a protected class - seniors, handicapped. One of these is finding an equivalent property for the tenant.

-cf



To: Cogito who wrote (111914)5/26/2009 10:23:13 PM
From: Bread Upon The Water  Read Replies (1) | Respond to of 541787
 
I was responding to the statement that the TIME PERIOD for notice (under state law) had been extended from 60 days to 90 days and I was wondering how the Feds got the authority to do this (retroactively---essentially alter the terms/conditions under which the original loans were made---unless they retained such authority under the terms of the initial agreement.)