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new york real estate lawyer
Purchasing a home is one of the largest investments that people make in their lifetime. It’s a significant event and takes a lot of time, energy and cooperation between a team of people to bring a transaction to the closing table. I say “team” because it truly is a team of all different professionals that...
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Yes, it is incredibly important to conduct a title search when you purchase a home. A title search is an examination of the records concerning a property to ascertain the current ownership of the property and whether there are outstanding liens, judgments, foreclosure or bankruptcy proceedings and/or other encumbrances on the property that could impede...
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With the recent reduction in interest rates, we are already seeing an uptick in new real estate transactions. Whether you are purchasing or selling a home, it’s important to know what some of the most important provisions are that will be set forth in the contract of sale. The provisions that we want to focus...
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As I have been discussing this week, I am excited to announce that my firm has acquired the litigation practice of Rogers, Habas & Eisen, P.C. (“RHE”).  We have expanded our team, as well as our litigation practice, and are looking forward to all that is to come. Our firm has three main practice areas: ...
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Title insurance might not be the most exciting topic for homeowners, but it’s a crucial aspect of protecting your investment in real estate. Whether you’re buying your first home or your fifth, title insurance is a must-have safeguard against potential risks that could threaten your ownership rights. So, what exactly is title insurance, and why...
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You are purchasing a property and have tendered your down payment check to the Seller’s attorney.  Your contract contains a mortgage contingency clause, which provides that, among other things, your obligation under the contract as a purchaser is conditional upon you obtaining a mortgage commitment within a certain time period.  The clause further states that,...
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We are so excited to be spotlighting our real estate practice area this week because our real estate practice has proven to be one of the most rewarding and enlivening aspects of our firm.  We represent sellers and buyers in diverse real estate transactions in New York and New Jersey, and we also represent lenders...
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This week on the blog, we are spotlighting the litigation and dispute resolution services we provide to our clients.  Amongst the attorneys in our practice, we have over 40 years of litigation experience to call upon in serving our clients. Oftentimes, our litigation clients will contact us at a point in their dispute where a...
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Form TP-584 is a Combined Real Estate Transfer Tax Return, Credit Line Mortgage Certificate, and Certification of Exemption from the Payment of Estimated Personal Income Tax.  This form is completed in order to comply with the requirements of the real estate transfer tax, the tax on mortgages as it applies to the Credit Line Mortgage...
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As we have discussed previously here, there are so many moving parts when it comes to a real estate transaction, on both the buyer’s and seller’s side. There are certain tasks that each party has to complete in order to close a transaction and a team of professionals that is helping them complete each task....
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