<html><body><div style="color:#000; background-color:#fff; font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:14px"><div><span></span></div><div></div><div dir="ltr">I haven't seen any case like that and I follow the foreclosure case updates pretty closely because I do a lot of third party purchaser work. However, if anyone would know sure, it would be Manny Farach.</div><div id="yui_3_16_0_1_1436463951704_2669" dir="ltr"><br></div><div id="yui_3_16_0_1_1436463951704_2670" dir="ltr">Cary </div><div class="signature" id="yui_3_16_0_1_1436463951704_2639"><div id="yui_3_16_0_1_1436463951704_2671"><font id="yui_3_16_0_1_1436463951704_2676" color="#0000ff" face="bookman old style, new york, times, serif" size="2"><strong id="yui_3_16_0_1_1436463951704_2675">Law Offices of Cary P. Sabol</strong></font><div id="yui_3_16_0_1_1436463951704_2640"><font id="yui_3_16_0_1_1436463951704_2674" face="bookman old style, new york, times, serif"><strong id="yui_3_16_0_1_1436463951704_2673"><font id="yui_3_16_0_1_1436463951704_2672" color="#0000ff" size="2">P.O. Box 15981 | West Palm Beach | Florida | 33416 </font></strong></font></div><div id="yui_3_16_0_1_1436463951704_2638"><font color="#0000ff" face="bookman old style, new york, times, serif" size="2"><strong>Phone: (561) 281-2744</strong></font><font color="#0000ff" size="2"><strong> <hr></strong></font></div><div id="yui_3_16_0_1_1436463951704_2684"><font id="yui_3_16_0_1_1436463951704_2683" size="1"><font id="yui_3_16_0_1_1436463951704_2682" color="#0000ff"><font id="yui_3_16_0_1_1436463951704_2681" face="times new roman, new york, times, serif"><span id="yui_3_16_0_1_1436463951704_2680" style='color: rgb(31, 73, 125); font-family: "sans-serif"; font-size: 10.5pt;'><font id="yui_3_16_0_1_1436463951704_2679" size="1"><font id="yui_3_16_0_1_1436463951704_2678" face="times new roman, new york, times, serif"><font id="yui_3_16_0_1_1436463951704_2677" color="#0000ff"><u>IRS Circular 230 Notice</u>: Pursuant to recently enacted U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice expressed above was neither written nor intended by the sender or this firm to be used and cannot be used by </font><font color="#0000ff">any taxpayer for the purpose of avoiding penalties that may be imposed under U.S. tax law. If any person uses or refers to any such tax advice in promoting, marketing or recommending a partnership or other entity, investment plan or </font></font><font id="yui_3_16_0_1_1436463951704_2686" face="times new roman, new york, times, serif"><font color="#0000ff">arrangement to any taxpayer, then the advice should be considered to have been written to support the promotion or marketing by a person other than the sender or this firm of that transaction or matter, and </font><font id="yui_3_16_0_1_1436463951704_2685" color="#0000ff">such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.</font></font></font></span></font></font><font color="#0000ff" face="times new roman, new york, times, serif"> </font></font></div><font id="yui_3_16_0_1_1436463951704_2690" size="1"><div id="yui_3_16_0_1_1436463951704_2689"><div id="yui_3_16_0_1_1436463951704_2688"><font face="times new roman, new york, times, serif"></font><div class="MsoNormal" id="yui_3_16_0_1_1436463951704_2687"><span style='color: rgb(31, 73, 125); font-family: "sans-serif"; font-size: 10.5pt;'><font size="1"><font face="times new roman, new york, times, serif"><u></u></font></font></span><strong><font color="#0000ff"> </font></strong></div><div class="MsoNormal" id="yui_3_16_0_1_1436463951704_2695"><span id="yui_3_16_0_1_1436463951704_2694" style='color: rgb(31, 73, 125); font-family: "sans-serif"; font-size: 10.5pt;'><font id="yui_3_16_0_1_1436463951704_2693" size="1"><font id="yui_3_16_0_1_1436463951704_2692" face="times new roman, new york, times, serif"><font id="yui_3_16_0_1_1436463951704_2691" color="#0000ff"><u>Confidentiality Notice</u>: This electronic mail transmission is intended for the use of the individual or entity to which it is addressed and may contain confidential information belonging to the sender which is protected by the attorney-client privilege. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or the taking of any action in reliance on the contents of this information is strictly prohibited. If you have received this transmission in error, please notify the sender immediately by e-mail and delete the original message. Thank you for your cooperation.</font></font></font></span></div></div></div></font><div><div><div class="MsoNormal"></div></div></div></div><br> <div id="yui_3_16_0_1_1436463951704_2699" style="font-family: HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif; font-size: 14px;"> <div id="yui_3_16_0_1_1436463951704_2698" style="font-family: HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif; font-size: 16px;"> <div id="yui_3_16_0_1_1436463951704_2697" dir="ltr"> <hr size="1" id="yui_3_16_0_1_1436463951704_2696"> <font id="yui_3_16_0_1_1436463951704_2706" face="Arial" size="2"> <b id="yui_3_16_0_1_1436463951704_2705"><span id="yui_3_16_0_1_1436463951704_2704" style="font-weight: bold;">From:</span></b> lesstevens <lesstevens@earthlink.net><br> <b><span style="font-weight: bold;">To:</span></b> 'RPPTL Landlord Tenant Committee' <landten@lists.flabarrpptl.org> <br> <b><span style="font-weight: bold;">Sent:</span></b> Thursday, July 9, 2015 1:32 PM<br> <b><span style="font-weight: bold;">Subject:</span></b> [RPPTL LandTen] Effect of Foreclosure of Commercial Property on Leases<br> </font> </div> <div class="y_msg_container"><br><div id="yiv3383641308"><style><!--
#yiv3383641308
_filtered #yiv3383641308 {font-family:"Cambria Math";panose-1:2 4 5 3 5 4 6 3 2 4;}
_filtered #yiv3383641308 {font-family:Calibri;panose-1:2 15 5 2 2 2 4 3 2 4;}
#yiv3383641308
#yiv3383641308 p.yiv3383641308MsoNormal, #yiv3383641308 li.yiv3383641308MsoNormal, #yiv3383641308 div.yiv3383641308MsoNormal
{margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri", "sans-serif";}
#yiv3383641308 a:link, #yiv3383641308 span.yiv3383641308MsoHyperlink
{color:blue;text-decoration:underline;}
#yiv3383641308 a:visited, #yiv3383641308 span.yiv3383641308MsoHyperlinkFollowed
{color:purple;text-decoration:underline;}
#yiv3383641308 span.yiv3383641308EmailStyle17
{font-family:"Calibri", "sans-serif";color:windowtext;}
#yiv3383641308 .yiv3383641308MsoChpDefault
{}
_filtered #yiv3383641308 {margin:1.0in 1.0in 1.0in 1.0in;}
#yiv3383641308 div.yiv3383641308WordSection1
{}
--></style><div><div class="yiv3383641308WordSection1"><div class="yiv3383641308MsoNormal">Has anyone heard of any recent cases which would overturn the premise that upon foreclosure of a commercial mortgage, absent an SNDA or self-subordination language, a commercial lease is terminated and becomes month-to-month or tenant at sufferance?</div><div class="yiv3383641308MsoNormal"> </div><div class="yiv3383641308MsoNormal"> </div><div class="yiv3383641308MsoNormal"><span style='font-family: "Arial", "sans-serif";'>Les H. Stevens, Esquire<br>Les H. Stevens, P.A.<br>5301 North Federal Highway<br>Suite 130<br>Boca Raton, Florida 33487<br>Tel. - (561) 989-9797<br>Fax - (561) 989-8484<br>E-Mail - lesstevens@earthlink.net</span></div><div class="yiv3383641308MsoNormal"><span style='font-family: "Arial", "sans-serif";'> </span></div><div class="yiv3383641308MsoNormal"><span style='font-family: "Arial", "sans-serif";'>________________________________________________________________________________________</span></div><div class="yiv3383641308MsoNormal"><b><span style="color: red;">OUR OFFICE NO LONGER ACCEPTS CASHIER'S OR BANK CHECKS AT CLOSING. ALL FUNDS MUST BE RECEIVED IN THE FORM OF A SAME DAY WIRE TRANSFER ONLY (NO ACH TRANSFERS). </span></b></div><div class="yiv3383641308MsoNormal"><span style='font-family: "Arial", "sans-serif";'> </span></div><div class="yiv3383641308MsoNormal"><span style='font-family: "Arial", "sans-serif"; font-size: 9pt;'>THIS MESSAGE IS INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO WHOM IT IS ADDRESSED, AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED, CONFIDENTIAL AND/OR OTHERWISE EXEMPT FROM DISCLOSURE. IF YOU HAVE RECEIVED THIS TRANSMITTAL IN ERROR, PLEASE DELETE IT AND NOTIFY THIS OFFICE IMMEDIATELY</span></div><div class="yiv3383641308MsoNormal"> </div><div class="yiv3383641308MsoNormal"> </div></div></div></div><br>_______________________________________________<br>landten mailing list<br><a href="mailto:landten@lists.flabarrpptl.org" ymailto="mailto:landten@lists.flabarrpptl.org">landten@lists.flabarrpptl.org</a><br><a href="http://mailman.fsr.com/mailman/listinfo/landten" target="_blank">http://mailman.fsr.com/mailman/listinfo/landten</a><br><br></div> </div> </div> </div></body></html>