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Rental Property Nuisance Suit

Anthony Nowak

Thu, Apr 11, 2024 9:09 PM

One of my partners is looking at potential for filing public nuisance litigation against some of the larger investment companies involved in the practice of buying residential properties and converting them into rental properties. Has anyone participated in such litigation in the past or have any insight into this problem?

Thanks in advance for your assistance.

Anthony "Tony" Nowak
tony@smithphillips.com mailto:tony@smithphillips.com
Smith, Phillips, Mitchell, Scott & Nowak, L.L.P.
2545 Caffey Street
Hernando, MS 38632
662-429-7888
www.smithphillips.com https://urldefense.proofpoint.com/v2/url?u=http-3A__www.smithphillips.com&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=Dw5APvi2kK-BJeFEx0e4YelQY3aVJbeMkiqSZ-70BXw&m=-0wmfdFUjyGu_rGertCnB4DBbfEVEzeHjTMLe3KM32c&s=f--_NiuM_GToHkwWxXeRv6PTGDiZLex3Dq3cVoValpA&e=

The information contained in this email transmission is legally privileged and confidential information intended solely for the use of the individual(s) named above. If you, the reader of this message, are not the intended recipient, you are hereby notified that you should not further disseminate, distribute, or forward this email transmission message. If you have received this email in error, please immediately notify the sender.

Friends, the county I represent has experienced a large increase in the number of homes being purchased by large investment companies who convert the property into rental properties. In some instances, these investment group have acquired entire, or nearly entire, subdivisions. Not only is this making the market for available resale purchases tight, but over time the rental properties tend to degrade and the neighborhood suffers. This is particularly true when the investors are large REITS or similar, and have no local presence. One of my partners is looking at potential for filing public nuisance litigation against some of the larger investment companies involved in the practice of buying residential properties and converting them into rental properties. Has anyone participated in such litigation in the past or have any insight into this problem? Thanks in advance for your assistance. Anthony "Tony" Nowak tony@smithphillips.com<mailto:tony@smithphillips.com> Smith, Phillips, Mitchell, Scott & Nowak, L.L.P. 2545 Caffey Street Hernando, MS 38632 662-429-7888 www.smithphillips.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.smithphillips.com&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=Dw5APvi2kK-BJeFEx0e4YelQY3aVJbeMkiqSZ-70BXw&m=-0wmfdFUjyGu_rGertCnB4DBbfEVEzeHjTMLe3KM32c&s=f--_NiuM_GToHkwWxXeRv6PTGDiZLex3Dq3cVoValpA&e=> The information contained in this email transmission is legally privileged and confidential information intended solely for the use of the individual(s) named above. If you, the reader of this message, are not the intended recipient, you are hereby notified that you should not further disseminate, distribute, or forward this email transmission message. If you have received this email in error, please immediately notify the sender.

Escobar, Belkys

Thu, Apr 11, 2024 9:35 PM

Please copy me on any response

Thanks,
Belkys

Belkys Escobar
Deputy County Attorney
County of Loudoun
(703) 777-0307 (master
(571) 258-3119 (direct)
(703) 7771-5025 (fax)
Belkys.Escobar@loudoun.gov mailto:Belkys.Escobar@loudoun.gov

From: Anthony Nowak via Counties counties@lists.imla.org
Sent: Thursday, April 11, 2024 5:09 PM
To: counties@lists.imla.org; cityattorneys@lists.imla.org
Subject: [EXTERNAL] [Counties] Rental Property Nuisance Suit

Thanks in advance for your assistance.

Please copy me on any response Thanks, Belkys Belkys Escobar Deputy County Attorney County of Loudoun (703) 777-0307 (master (571) 258-3119 (direct) (703) 7771-5025 (fax) Belkys.Escobar@loudoun.gov<mailto:Belkys.Escobar@loudoun.gov> From: Anthony Nowak via Counties <counties@lists.imla.org> Sent: Thursday, April 11, 2024 5:09 PM To: counties@lists.imla.org; cityattorneys@lists.imla.org Subject: [EXTERNAL] [Counties] Rental Property Nuisance Suit Friends, the county I represent has experienced a large increase in the number of homes being purchased by large investment companies who convert the property into rental properties. In some instances, these investment group have acquired entire, or nearly entire, subdivisions. Not only is this making the market for available resale purchases tight, but over time the rental properties tend to degrade and the neighborhood suffers. This is particularly true when the investors are large REITS or similar, and have no local presence. One of my partners is looking at potential for filing public nuisance litigation against some of the larger investment companies involved in the practice of buying residential properties and converting them into rental properties. Has anyone participated in such litigation in the past or have any insight into this problem? Thanks in advance for your assistance. Anthony "Tony" Nowak tony@smithphillips.com<mailto:tony@smithphillips.com> Smith, Phillips, Mitchell, Scott & Nowak, L.L.P. 2545 Caffey Street Hernando, MS 38632 662-429-7888 www.smithphillips.com<https://urldefense.proofpoint.com/v2/url?u=http-3A__www.smithphillips.com&d=DwMFAg&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=Dw5APvi2kK-BJeFEx0e4YelQY3aVJbeMkiqSZ-70BXw&m=-0wmfdFUjyGu_rGertCnB4DBbfEVEzeHjTMLe3KM32c&s=f--_NiuM_GToHkwWxXeRv6PTGDiZLex3Dq3cVoValpA&e=> The information contained in this email transmission is legally privileged and confidential information intended solely for the use of the individual(s) named above. If you, the reader of this message, are not the intended recipient, you are hereby notified that you should not further disseminate, distribute, or forward this email transmission message. If you have received this email in error, please immediately notify the sender.