Law office of Frank J. Rio

Contact us at (718) 258-2255 for a free consultation from our experienced team of Real Estate professionals. From Home, Condo, Co-Op and Commercial Closings and Contracts to Short Sale Negotiations, Foreclosures and Loan Modifications, Collections and much much more....We offer a full line of Legal Services that will fulfill all your Real Estate Needs. We now also represent Landlords in all disputes in all Landlord & Tenant Matters. If you are selling property and need to evict a tenant, CALL US.

New York Real Estate Update Have A Wonderful Week from your friends at The Law Office of Frank J. Rio Broker's Lien Enforced by Buyer's Rep NRT New England, LLC v. Jones, 162 Conn. App. 840 (2016)-Connecticut Appellate Court affirmed lower court commission award to real estate professional when the client violated exclusive representation agreement by buying a property with another licensee during the term of both representation agreements. ... New Legislation Allows Defendant Participating In Foreclosure Settlement to File Late Answer JP Morgan Chase (JPMC) commenced this residential mortgage foreclosure action on June 8, 2016, and while Hernandez did not answer, she appeared at all five subsequent foreclosure settlement conferences. The case was released from the settlement conference part March 15, 2016, and she filed an answer March 30, 2016, but JPMC rejected the answer on April 8, 2016. But, the court noted that effective this coming December 20, 2016 under CPLR 3408, mandatory settlement conference in residential foreclosure will be amended. The court sated the intent of the new legislation was to allow defendants in foreclosure actionswho were usually pro se litigationsto answer and participate in the foreclosure litigation. It stated here, Hernandez was served with the summons and complaint on June 18, 2016, and she fully participated in the foreclosure settlement process. Also, the court noted that within 15 days of the case being released from the foreclosure part, Hernandez filed her answer. Thus, the court stated based on the intent evidenced by the new legislation, the fact Hernandez participated in the litigation, and JPMC would not suffer any prejudice in permitting her to file a late answer, her motion to file the late answer was granted, and her answer deemed served.