Tenant seeking loft law coverage can't vacate judgment.

Position:LOFTS
 
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Landlord sued to evict tenant for nonpayment of rent for nine months between October 2008 and June 2009. In August 2009, landlord and tenant signed a settlement agreement. Landlord got a final judgment of possession and money judgment of $32,500, monthly rent was reduced to $4,000, and tenant agreed to a payment scheduled. After tenant failed to make the agreed-upon payments, landlord and tenant signed a second settlement agreement in May 2011, giving landlord a final judgment with execution on the eviction warrant delayed to June 30, 2011, on condition that tenant pay use and occupancy in a timely manner until he moved out. In May 2011, tenant asked the court to vacate the second settlement agreement because tenant had now applied...

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