Rent Receiverships -- The use of rent receivers during the course of a foreclosure action provides many benefits to our clients and our Firm makes every effort possible to preserve and protect the interest of the mortgagee.
Rent Receiverships
At the initial stage of a foreclosure, our Firm conducts a detailed evaluation of the defaulting loan and the nature of the mortgaged property in order to determine whether a rent receivership is available. We recognize that the use of rent receivers during the course of a foreclosure action can provide many benefits to our clients and our Firm makes every effort possible to preserve and protect the interest of the mortgagee. Our attorneys are well versed in the rent receiver process and recognize the importance of its implementation as the many benefits are derived at no net cost or nominal net cost and exposure to liability on the part of the lenders we represent.
