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13 Prac. Real Est. Law. 1 (1997)

handle is hein.ali/prel0013 and id is 1 raw text is: THE PRACTICAL REAL ESTATE JANUARY 1997 LAWYER Volume 13/Number 1 CONTENTS Pledging Lease Security Deposits (with Sample Clauses) page 9 Landlords often assign their tenants' security deposits as collateral for loans. But this practice poses risks for both landlords and tenants. William S. McDowell, Jr., is a partner In the Chicago, Illinois, office of Baker & McKen- ze and an adjunct professor of law In the John Marshall Law School LLM In Real Estate Program. A Model Home Purchase Cotenancy Contract page 21 As the number of unwed couples who purchase houses increases, so does the need for well-drafted cotenancy contracts. Frederick C. Hertz Is in sole practice in Oakland, California. He writes and speaks on the co-ownership of real estate by unmarried partners, and is a coauthor of the forth- coming 10th edition of Nolo Press' Legal Guide for Lesbian and Gay Couples. Negotiating Casualty Insurance Proceeds and Condemnation Awards Clauses (with Forms) page 33 The mortgagor and mortgagee will have very different ideas about how to use the proceeds of a casualty or condemnation award; it is best to resolve these differences In the mortgage document. Daniel H. Branch Is a partner In the Dallas, Texas, firm of Langley & Branch and a member of the Board of the Texas Finance Authority.