Lee Cuilli, Author at Keith D. Weiner & Assoc. Co., LPA

Two New Ordinances Impact REO Properties in Cleveland, Ohio

December 12, 2011by Lee Cuilli Lee Cuilli

Cleveland City Council recently enacted two ordinances that impact REO properties located in Cleveland, Ohio. These ordinances took effect November 16, 2011.

Ordinance 1519.11 amends existing sections 3103.09 (k) and 367.08 (b) of the Codified Ordinances of Cleveland.

Update Regarding Title Report Showdown in Cuyahoga County

March 1, 2010by Lee Cuilli Lee Cuilli

Last November our office sent a bulletin advising of a dispute regarding title report endorsements that arose in Cuyahoga County. At that time, the Ohio Title Insurance Ratings Bureau announced a change to its policy regarding judicial title report forms and strictly forbid the use of title report endorsements previously used in Cuyahoga County.

Cuyahoga County, Ohio Judge Nancy Margaret Russo Requires Property Status Report

November 12, 2009by Lee Cuilli Lee Cuilli

Cuyahoga County Common Pleas Judge Nancy Margaret Russo recently implemented a new policy requiring something called a Property Status Report Form (“PSRF”) be filed in every foreclosure assigned to her docket. The PSRF was prepared by Judge Russo and has been circulated to creditors’ foreclosure counsel. A copy of the same is included as an attachment to this Bulletin. Failure to file a completed PSRF within twenty (20) days of the filing of the foreclosure may result in a dismissal without prejudice.

Recent Title Insurance Issue May Cause Foreclosure Delays in Cuyahoga County, Ohio

November 9, 2009by Lee Cuilli Lee Cuilli

The Ohio Title Insurance Ratings Bureau (“OTIRB”) recently announced Preliminary Judicial Reports (“PJR’s”) used in foreclosure cases must adhere to its prescribed format. The OTIRB is an insurance rating bureau that includes among its members most title underwriters doing business in Ohio.

Cuyahoga County, Ohio Judge Nancy Margaret Russo has announced new foreclosure procedures

September 16, 2009by Lee Cuilli Lee Cuilli

Judge Nancy Margaret Russo has announced new foreclosure procedures which are now in effect. These changes affect Plaintiff’s obligations in foreclosure cases assigned to her docket. Read more

The Protecting Tenants at Foreclosure Act

June 15, 2009by Lee Cuilli Lee Cuilli

A federal law was recently passed which significantly impacts a lender’s right to take possession of tenant occupied property bought at foreclosure sale. This law is known as the Protecting Tenants at Foreclosure Act and became effective upon its enactment on May 20, 2009. This law applies to tenant occupied property that is bought by a lender who has foreclosed a “federally related mortgage loan” as defined in the Real Estate Settlement Procedures Act of 1974 (“RESPA”).