Your Neighborhood Real Estate Law Firm
Transparency is vital to a smooth transaction and legal compliance when selling a home. Sellers are typically required to disclose specific information about the property to potential buyers. Disclosures ensure that buyers are fully aware of the property's condition...
Since the homebuying market is so competitive, finding a great deal may require a little extra effort. However, don’t fret, because there is almost always something out there for every potential homebuyer. If you’re looking for a new home that’s below market value,...
If you’re looking to buy a home, the first step may be to contact a mortgage lender. You will provide them with documentation, such as proof of your earnings, and they will then give you a preapproval letter. This will tell you roughly how much money the mortgage...
For many entrepreneurs and executives, signing a commercial lease is a huge step forward. A lease is often faster and more cost-effective than purchasing commercial property. It also involves less of a commitment, as a business could move on to a different property in...
Those buying real property in New York often feel sticker shock as they prepare for closing. Obviously, buyers offer a specific price for a property, so the cost of an actual dwelling unit likely isn't a surprise. However, they will typically need to cover an...
A home purchase is one of the riskiest financial transactions you may make during your lifetime. Since a lot could go wrong in a residential real estate transaction, you may wonder if you should consider legal guidance, but how do you know it will help? Each state has...
This year has brought unprecedented flooding to New York City and other parts of the state. This helped spur efforts by state lawmakers to craft legislation that would increase home sellers’ responsibilities to disclose known flood risks to potential buyers. In...
Real estate terminology can often seem like a foreign language to those unfamiliar with the industry. When diving into commercial real estate, understanding the intricacies of leasing structures is essential. Among the various lease types, net leases stand out due to...
It’s important that first-time home buyers find a home that they don’t later regret. Many first-time home buyers will try to rush into purchase when they finally find a home that piques their interest. A home buyer may fear that if they don’t buy the home now then...
Signing a listing agreement with your real estate agent is a critical step when you’re selling your home – but be wary. What you’re signing is a legal contract, and its terms and conditions are enforceable. That means you need to carefully review each section of the...