When you're selling a property in New York, you may receive an offer from a cash buyer. Although this is an ideal option for many sellers, it can come with potential issues. Cash offer buyers can make you susceptible to scams. Use caution if the buyer lives in another...
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New York Real Estate
New York Law Blog
Are your advertisements violating the Fair Housing Act?
New York is governed by the federal law known as the Fair Housing Act. This act forbids any discrimination concerning the selling or renting of real estate based on personal attributes like a person's race, sex, national origin or religion. As more and more businesses...
The different types of deeds
In New York residential real estate, property owners obtain a deed. This deed is a formal document that shows their ownership of the property in question. There are actually three different types of residential deeds that one may have. These include a general warranty...
7 Key Aspects of Commercial Real Estate Investing
The commercial side of real estate in New York has notable advantages over residential investing. It’s an advanced form of investing with the potential to generate consistently high returns, passive income and growth through a greater client pool. However, inherent...
What are the components of a purchase agreement?
Purchase agreements are a legally binding contract between the seller of a property and the buyer who wants to make it their own. While many people involved in New York real estate transactions think that purchase agreements simply include an offered price for a...
When you might need an attorney to purchase or sell a home
Purchasing a home is one of the most important transactions that individuals undertake in their entire lives. Selling one is equally important. Individuals buying or selling a home in New York or elsewhere should seriously consider hiring legal counsel to assist them....
What is a contingency clause?
Contingencies are provisions present in contracts that must be met for the contract to be valid. Parties in real estate contracts commonly use contingency clauses to ensure that both parties perform certain tasks. New York residents involved in real estate...
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We established this blog to share stories and information about topics relevant to our practice. Our intent is to regularly provide posts highlighting legal issues of local, state and national interest that we think you will find interesting. Check back later for...
