New York Governor Andrew Cuomo recently signed a bill into law that would impose fines on Airbnb hosts who do not follow local housing laws. For our blog readers who may not be familiar with Airbnb, it is a web-based service that allows property owners and tenants to rent out their…
Prior blog posts have discussed types of eviction actions in New York State. To summarize, generally, an eviction action is considered a holdover proceeding when a tenant’s lease has expired, and a non-payment action when the tenant has failed to pay rent when due. In the actual practice of landlord-tenant law,…
Many of our readers are about to celebrate Rosh Hashanah. We wish those who observe a happy and healthy new year. At this time of year, those of the Jewish faith tend to reflect upon their acts during the past year and to set goals for improvements in the following…
Our firm is often consulted in situations where a number of individuals have inherited real property. For example, a parent passes away, and leaves a house to her three children. Many legal issues can arise from this type of situation, which will be discussed in this blog post. The first…
After a long search, you have finally located your dream apartment. In New York, such an apartment is likely to be a cooperative apartment. You have been fortunate enough to obtain your loan commitment. Are you ready to close? No, because you now need approval for your purchase from the…
Prior blog posts have discussed a “short sale” of a property in foreclosure. A short sale is when the house is worth less than the mortgage owed to the lending institution, and the lender agrees to accept less than the full amount owed when the transaction takes place. However, a situation…
In a prior post , we discussed the death of the musician Prince and speculated about matters pertaining to his estate. Since that time, the public has become aware of the tragic circumstances of his death and that he did indeed die without a Will. In New York, person dying without…
In a prior post , we alerted our readers that the HUD real estate closing form as they knew it would be disappearing from closings. In a later post , we informed our readers that the new loan closing disclosure rules were in effect. Several months after the implementation of these rules, we…
A recent news story in Bloomberg News discusses the effects of the legalization of medical marijuana, and its effect on smoking bans in apartments. This blog post will discuss the possible effects of such new legal developments on apartments in the New York City area and its surrounding suburbs. Although marijuana…