Feedback from another satisfied RE client

“Thanks so much Kim and Jeremy for everything, you guys have been amazing to work with.  We appreciate all of your help and support and would be more than happy to tell our friends about you and we would always be happy to be a reference for you guys!

We look forward to working with you again, although not too soon, moving is stressful :-)” 

Protections for Tenants of Foreclosed Homes

Recently enacted Public Act 11-201 provides protections for tenants of foreclosed homes in Connecticut. The lender in a foreclosure action must now take title subject to the rights of "bona fide" tenants. Tenants with month-to-month leases must be given at least 90 days notice before eviction. "Bona fide" tenants who entered into a lease before the lender takes title must be allowed to remain until the end of the lease term, unless the lender sells the property to a buyer who will occupy it as his or her primary residence.
Courtesy of Steve Maggiola's "Title Tidbits."

In order to have a "bona fide" tenancy which qualifies for this protection, the tenant cannot be the mortgagor's child, spouse, or parent, and the lease must be the result of an arms-length transaction at a fair market rent.
The Act specifies that these provisions do not affect the termination requirements for any federal or state subsidized housing.

For Pet Owners/Animal Lovers!

What do you guys think? Recently, I helped out friends trying to recover against someone who caused the death of their 1 year old English Bulldog. Law says she was personal property, and the general rule in CT is that recovery is limited to the replacement value of the animal. Interesting article from a couple months ago was posted by a fellow CTLA member: http://www.ctlawtribune.com/ge​tarticle.aspx?ID=40084