Home -> Law Blog Directory -> Real Estate & Property Law Blogs -> The Home Equity Theft Reporter

Real Estate & Property Law

: The Home Equity Theft Reporter

Town Rental Restrictions Leaves Real Estate Investor With Home He Can't Rent

By r morris

In Northfield, Minnesota, the Northfield News reports:[I]n late 2007, the city council approved a rental ordinance that permits no more than 20 percent of homes in a block to be licensed as rentals. The idea was to limit rentals, which the council said tended not to be kept to the standard of owner-occupied properties.***Carl Almen has lived in Northfield for 50 years. For almost 10 years he has

Full post as published by The Home Equity Theft Reporter on February 17, 2009 (boomark / email).