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Real Estate & Property Law

: The Home Equity Theft Reporter

Tenants Bail Out, Liens & Fines Pile Up As Lender Seeks To Wrestle Away Control Of Half-Empty, 242 Unit Complex From Landlord In Foreclosure

By r morris

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In Gainesville, Florida, The Gainseville Sun reports:With a Saturday deadline to fix 2-year-old city code violations or face $7 million in fines, In The Pines apartment complex instead faces new violations as the owner and a bank trying to foreclose on the property prepare to battle in court over rent payments and a repair fund.(1)The complex has been accruing fines of $31,000 per day since a

Full post as published by The Home Equity Theft Reporter on January 10, 2010 (boomark / email).

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