News

Report: Birdman Forced To Give Up Keys To Miami Mansion

By HHL JT
pixel_start

Last month,  we learned that Birdman is defaulting on the $12.5 million loan he took out against the $14.5 million Miami mansion he bought in 2012.

EMG Transfer Agent, who currently holds the loan, filed a foreclosure lawsuit against Birdman to recover the property.

It looks like that's been recognized. According to The Blast, Baby was ordered to immediately surrender possession of all keys and security system access to his 7-bed 11-bath 20,000 sq ft compound.

Next, a court-appointed executor will take control of the residence and all of its contracts, leases, rental agreements, fixtures, furniture, and equipment. 

Nobody can sell the property until the foreclosure lawsuit is resolved, but the executor will be able to rent or lease it.

So if Rick Ross is still looking for a new Miami pad ...

pixel_end
Posted In: News Birdman
News Check Out SZA's new Face Check Out SZA's new Face / News News Boosie Badazz Makes Questionable Reference To Prison Sex In Freestyle Boosie Badazz Makes Questionable Reference To Prison Sex In Freestyle / News News People Are Saying This Is The Wost Photo Drake Has Ever Taken & Blame Kendrick Lamar People Are Saying This Is The Wost Photo Drake Has Ever Taken & Blame Kendrick Lamar / News News Kanye Has An Interesting Opinion Of "My Beautiful Dark Twisted Fantasy" Kanye Has An Interesting Opinion Of "My Beautiful Dark Twisted Fantasy" / News News Lil Nas X Has Lost Control Of Much of His Face Lil Nas X Has Lost Control Of Much of His Face / News News 50 Cent Mocks Ja Rule's Feelings About How He Mocked Irv Gotti's Death 50 Cent Mocks Ja Rule's Feelings About How He Mocked Irv Gotti's Death / News