Weiss & Weiss remembers those who have given their lives in service of our country, and wishes all a Happy Memorial Day.
New York Real Estate Lawyers Blog
Foreclosure Surplus Monies – Issues of Multiple Claimants
Prior blog posts have discussed the concept of surplus monies in foreclosure proceedings. When a foreclosed property is sold at public auction, the winning bid may exceed the total amount owed to the entity foreclosing on the property. In such a case, the excess funds are considered “surplus funds,” and…
Albany’s Proposed “Good Cause Eviction” Bill – What Does it Mean?
A recent article in the New York Post discusses a proposed bill relating to evictions which is being considered by the New York State legislature. The “Good Cause” eviction bill would limit evictions in New York to only the narrowest of circumstances. Since the expiration of the COVID-19 eviction moratorium…
Happy Passover, Happy Easter
Weiss & Weiss would like to wish all those who celebrate a joyous Easter and happy Passover 2022.
Cold Feet- Do I have to Close?
We have encountered parties to real estate transactions who get “cold feet” between the time of contract signing and closing. These persons may seek to break the legally binding contract that they have signed and cancel the deal. This post will address when failing to perform a real estate contract…
The Masks are Off- Changes in Commercial Leases Remain
Our readers may be pleased to hear that mask mandates are falling like dominoes throughout the area served by our attorneys. This newfound attitude heralds a time of optimism. However, the scars created by the COVID era remain, particularly with respect to commercial leases. This post will examine some typical…
New York Legal Update – Expiration of Eviction Moratorium
With the beginning of the COVID-19 pandemic, New York, along with many other states, adopted a law temporarily halting evictions. In addition, there was an additional moratorium that prevented foreclosure cases from going forward in Court. This blog post will focus on the eviction moratorium, its effects, and its expiration…
Happy Holidays
Weiss & Weiss would like to wish all happy holidays and a great New Year 2022.
Pre-Litigation Settlements of Partition Matters
Our firm receives many inquiries from co-owners of properties. As longtime readers of this blog are aware, a partition action can be brought in the appropriate Court when co-owners cannot agree on the disposition of real property. Such an action would demand that the Court appoint a Referee to determine…
Happy Thanksgiving
Weiss & Weiss would like to wish all a happy and healthy Thanksgiving 2021.