[RPPTL LandTen] Landlord's Waiver of Lien

[Jeff Mazor]

I've seen these before. 

Like you, once I see them, I strike them.

If they are concerned, they can keep a cushion out of the money lent.

Jeffrey R. Mazor, Esq.
J. R. Mazor & Associates, P.A.
Presidential Circle Building 
4000 Hollywood Blvd.,  Suite 265-s
Hollywood, FL 33021
Phone: 954-962-3500
Fax:       954-962-3560
Email:   JMazor at Mazor.com

 

-----Original Message-----
From: landten-bounces at lists.flabarrpptl.org
[mailto:landten-bounces at lists.flabarrpptl.org] On Behalf Of David Weisman
Sent: Friday, August 03, 2012 5:04 PM
To: 'RPPTL Landlord Tenant Committee'
Subject: [RPPTL LandTen] Landlord's Waiver of Lien

I have seen a new form floating in from tenant's lenders which is disturbing
and I wonder if anyone else has seen this: In addition to a typical Landlord
waiver of lien on FFE, the Lender asks that they be allowed to take
possession of the premises, rent free, for 30 days. After the 30 days, they
agree to pay rent on a per diem basis.

 

I strike the free occupancy if I can. 

 

Any thoughts or has anyone else encountered this?

 

David  Weisman

Board Certified Real Estate Lawyer

Greenspoon Marder, P.A.

Trade Center South, Suite 700

100 West Cypress Creek Road

Ft. Lauderdale, FL 33309

Phone 954-491-1120

Toll Free 888-491-1120

Direct Phone 954-343-6941

Direct Fax 954-343-6942

 

Email Logo -Resize 30

 

 

The information contained in this transmission may be attorney/client
privileged and confidential. It is intended only for the use of the
individual or entity named above. If the reader of this message is not the
intended recipient, you are hereby notified that any dissemination,
distribution or copying of this communication is strictly prohibited. If you
have received this communication in error, please notify us immediately by
reply e-mail.

Pursuant to Internal Revenue Service guidance, be advised that any federal
tax advice contained in this written or electronic communication, including
any attachments or enclosures, is not intended or written to be used and it
cannot be used by any person or entity for the purpose of (i) avoiding any
tax penalties that may be imposed by the Internal Revenue Service or any
other U.S. Federal taxing authority or agency or (ii) promoting, marketing
or recommending to another party any transaction or matter addressed herein.

A portion of our practice involves the collection of debt and any
information you provide will be used for that purpose if we are attempting
to collect a debt from you.