As many mortgage lenders know, there has been an increase in lender repurchase demands and related litigation recently. This is likely because the statute of limitations is expiring for many of the loans that were originated or that defaulted during the housing meltdown, and because many of the large investigations into wrongdoing have been resolved…
The U.S. Department of Housing and Urban Development (HUD) provided new guidance for landlords in April of 2016. This guidance stated, among other things, that a blanket policies of refusing to rent because of an individual’s prior criminal conviction violates the Fair Housing Act (FHA) were improper. “Right now, many housing providers use the fact of…
Arizona Amends Consumer Lender Act A Consumer Lender License is required in Arizona for any person that advertises to make or procure, solicits, or holds themselves out as willing to make or procure or makes or procures a loan of $10,000 or less or a revolving loan of not more than $10,000. Licensing and regulation…
WHO MAY FILE A MECHANIC’S LIEN IN ARIZONA AND FOR WHAT? In a commercial project, most anyone that provides services or materials may file a lien for the amount owed. In a residential project, the entity or individual must have a contract directly with the owner. Any contractor, whether general or subcontractor, must have a…
Mechanic’s Liens in Arizona – Part 1 Thank you for visiting Elley Law PLC’s website. Here is Part One of an overview of Mechanic’s Liens in Arizona On most non-residential (where a resident does not live in the home) construction projects, most anyone that provides services or materials may file a mechanic’s lien for…
