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Security Deposits Landlords

Lasher Holzapfel Sperry & Ebberson PLLC

Changes to Commercial Guarantees in Seattle

Landlords that lease commercial property in Seattle need to be aware of major changes to the Municipal Code. Seattle recently enacted Ordinance 126982, which introduces significant regulations for commercial property lessors...more

Brownstein Hyatt Farber Schreck

CA Security Deposit Limits Effective 7/1

Effective July 1, 2024, California residential landlords will generally only be able to charge security deposits equal to one month’s rent with some exceptions for smaller landlords. This is pursuant to Assembly Bill 12...more

Davis Wright Tremaine LLP

Seattle Commercial Landlords Must Take Action To Comply With Commercial Guaranty Ordinance

Following years of bolstering residential tenant protections, Ordinance 126982 marks one of the City of Seattle's first major forays into policing the commercial landlord-tenant relationship. The ordinance, which went into...more

K&L Gates LLP

New Illinois Laws for 2024 Affecting Real Estate

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Illinois has passed a number of laws effective 1 January 2024 that impact commercial real estate and development. These new laws range from new requirements for residential landlords, first of its kind electric vehicle...more

Foster Garvey PC

New Commercial Lease Restrictions in the City of Seattle

Foster Garvey PC on

In the last month of the most progressive Seattle City Council term in recent history, the Council passed an ordinance restricting a landlord’s right to use certain security measures for commercial leases in the City....more

Sheppard Mullin Richter & Hampton LLP

[Webinar] So You Want to Be a Landlord? Rise in Residential Housing Class Actions - September 14th, 10:00 am - 11:00 am PT

This presentation will cover the recent spate of class actions being filed against landlords and property managers relating to tenant protection statutes, which include challenges to rent increases, late fees in residential...more

Dunlap Bennett & Ludwig PLLC

Notice Landlords – New Changes Coming To Virginia Law

The Virginia Residential Landlord Tenant Act governs the relationship between landlords and tenants in Virginia, whether large or small, formal or informal, between a tenant and a large apartment complex, or between two...more

Vinson & Elkins LLP

Be Careful with Letters of Credit

Vinson & Elkins LLP on

On March 10, 2023, the California Department of Financial Protection and Innovation closed Silicon Valley Bank, Santa Clara, California (“SVB”) and subsequently appointed the Federal Deposit Insurance Corporation (“FDIC”) as...more

Bowditch & Dewey

Silicon Valley Bank Closure Impact on Lease Security

Bowditch & Dewey on

The impact of the California Department of Financial Protection and Innovation taking possession of Silicon Valley Bank (SVB) and appointing the Federal Deposit Insurance Corporation as receiver for SVB is receiving thorough...more

A&O Shearman

Tenant Security Deposit or Unsecured Loan? State Law Disparity Leads to Forfeiture

A&O Shearman on

Last month, Judge Caproni of the Southern District of New York issued a ruling stating that if a commercial lease does not require a landlord to hold a security deposit in trust and if there is no state statute generally...more

Kramer Levin Naftalis & Frankel LLP

Tenants Beware: When Your Deposit Lacks Security

Security deposits are a fundamental landlord protection under leases with the expectation of tenants that the deposits will be returned upon the expiration of the lease. While landlords frequently consider how to protect...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need To Know - April 2021

Lowenstein Sandler LLP on

LOCKOUTS- Can I be locked out of my home during the COVID-19 emergency? No. Two different government orders prevent lockouts at this time. 1.The State Order On March 19, 2020, New Jersey Governor Philip Murphy issued...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need To Know - UPDATED March 2021 #2

LOCKOUTS- Can I be locked out of my home during the COVID-19 emergency? No. Two different government orders prevent lockouts at this time. 1. The State Order- On March 19, 2020, New Jersey Governor Philip...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need To Know (Spanish) - March 2021

Lowenstein Sandler LLP on

CIERRES PATRONALES- ¿Puedo ser excluido de mi casa durante la emergencia COVID-19? No. Dos órdenes gubernamentales diferentes impiden los cierres patronales en este momento. 1. La Orden del Estado- El 19 de marzo...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need To Know - UPDATED January 2020 # 2

Lowenstein Sandler LLP on

DESALOJOS RESIDENCIALES: LO QUE LOS INQUILINOS NECESITAN SABER- A partir del 22 de enero de 2021 CIERRES PATRONALES- ¿Puedo ser excluido de mi casa durante la emergencia COVID-19? No. Dos órdenes...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need To Know - UPDATED December 2020 #2

Lowenstein Sandler LLP on

LOCKOUTS- Can I be locked out of my home during the COVID-19 emergency? No. Two different government orders prevent lockouts at this time. The State Order- On March 19, 2020, New Jersey Governor Philip Murphy...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need to Know (Spanish) -UPDATED December 2020 #2

Lowenstein Sandler LLP on

PATRONAL CLOSURES- Can I be excluded from my home during the COVID-19 emergency? No. Two different government orders prevent lockouts at this time. 1. The Order of the State- On March 19, 2020, New Jersey Governor...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need To Know - UPDATED December 2020

Lowenstein Sandler LLP on

LOCKOUTS- Can I be locked out of my home during the COVID-19 emergency? No. Two different government orders prevent lockouts at this time. The State Order- On March 19, 2020, New Jersey Governor Philip Murphy...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need to Know (Spanish) - UPDATED December 2020

Lowenstein Sandler LLP on

RESIDENTIAL EVICTIONS: WHAT TENANTS NEED TO KNOW- As of December 3, 2020- PATRONAL CLOSURES- Can I be excluded from my home during the COVID-19 emergency? No. Two different government orders prevent lockouts at...more

Manatt, Phelps & Phillips, LLP

Not So Powerful: When a Compensatory Damages Award Becomes an Excluded Disgorgement

Insurance coverage often turns on strange questions. The Eleventh Circuit’s decision this summer in AEGIS Electric & Gas International Services Limited v. ECI Management LLC, 967 F.3d 1216 (11th Cir. 2020), is one of those...more

Pillsbury Winthrop Shaw Pittman LLP

The Letter of Credit Conundrum: When a Debtor’s Default May Be Preferable to Its Late Payment

“Can an unsecured creditor be better off when the debtor defaults rather than paying off the debt? Yes: Law can be stranger than fiction in the Preference Zone.”—Ninth Circuit Untimely payment by tenants and other obligors...more

Chambliss, Bahner & Stophel, P.C.

Insights for New and Emerging Businesses Leasing in the Pandemic

If you are a new or emerging business owner beginning the process of finding a suitable property to lease, it is important to be critical of the lease provided by the landlord. You should also attempt to negotiate each...more

Rosenberg Martin Greenberg LLP

Retail Leasing in a COVID-19/Post-COVID-19 World: Preparing for the “New Normal”

The retail industry has experienced an unprecedented and immediate shift as a result of the economic fallout from COVID-19. One of the most apparent changes is evident when handling commercial retail leasing; read on to...more

Lowenstein Sandler LLP

Residential Evictions: What Tenants Need to Know

Lowenstein Sandler LLP on

LOCKOUTS Can I be locked out of my home during the COVID-19 emergency? No. On March 19, 2020, New Jersey Governor Philip Murphy issued Executive Order 106, which immediately suspends evictions throughout the state. This...more

Shutts & Bowen LLP

Pre-Bankruptcy Considerations for Commercial Landlords

Shutts & Bowen LLP on

The following is the first in what will be a series of posts addressed to commercial landlords regarding bankruptcy. As many landlords are learning, unexpected circumstances can cause a good tenant to become a...more

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