Desert Mountain Chapter Meeting March 18, 2010

The Impact of Foreclosure on Tenants - Meeting Handouts

Speaker:  Don Miner
Fennemore Craig & Arizona School of Real Estate and Business
Bio>

Don will speak to the impact upon tenants of foreclosures and receiverships in which a lender pursues a retail or office project following a landlord/borrower's default. Questions to be discussed will include to whom does a tenant pay rent during a foreclosure or receivership period; will the leases be terminated by foreclosure; what impact does a subordination agreement have; etc.