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New York Real Estate Lawyers Blog

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The Day Has Come: Amended Property Condition Disclosure Law Becomes Effective

We have previously posted concerning a significant amendment to the property condition disclosure law in New York.  Previously, sellers of residential real estate were required to complete a detailed questionnaire concerning property conditions or issue a $500 credit at the closing for failure to deliver the document.  Many sellers, especially…

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Is there a Doctor in the Property?

We have represented both landlords and tenants with respect to commercial leases.  This post will examine the particulars to be considered when a doctor or medical practice is the tenant. When evaluating a potential location, the proposed tenant should first determine whether the space is compliant with the Americans with…

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Heartbreak – Breaking Up and its Effect on Partition Actions

Today is Valentine’s Day, and our firm extends best wishes to all the happy couples celebrating.  However, an unfortunate truth is that sometimes couples, whether they are man and woman, or of the same sex, will discover differences and break up.  When such a couple is legally married, they usually…

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Buyer’s Real Estate Agents: Are Their Days Numbered?

We have been following several national Court rulings concerning compensation paid to buyer’s real estate agents.  A significant Federal Court ruling involved the National Association of Realtors, owner of the powerful “Realtor” trademark.  The case found that a seller should not be required to pay the buyer’s agent’s commission as…

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