Like every other aspect of life in New York, over the past year, real property leasing, lending and sales have been turned upside down by the COVID-19 pandemic. Countless tenants and property owners have failed to pay full rent or mortgage payments, but have been protected from immediate dispossession through at least May 1, 2021 … Continued
Practice Area: Real Property Law
There is no excuse for an attorney using client funds for their own benefit. That is going to get you suspended no matter what.
At a meeting of the Executive Committee of the Real Property Law Section of the New York State Bar Association, held on January 13, 2021, upon due notice at which a quorum was present and acted throughout, the following Resolution was adopted: WHEREAS, the Section recognizes that the conduct of real property closings during the … Continued
Whether representing condominium boards, homeowners’ associations, cooperatives, or landlords, attorneys practicing real property law, or in related areas, should be familiar with the use of various New York Mental Hygiene Law tools when faced with worrisome conduct of a symptomatic mentally ill individual in a a building or residence.
Topic: Solicitation and Referral of Real Estate Matters by Real Estate Broker Employed by Lawyer as Paralegal Digest: A lawyer who has no financial interest in the commission generated by a real estate transaction may accept referrals for real estate closings from her paralegal who is also a real estate broker, provided such referrals will … Continued
For condominiums, cooperatives and homeowner’s associations, the novel coronavirus has presented myriad legal issues. However, dealing with COVID-19 has provided one benefit. There is now an opportunity to develop a blueprint for condominiums and cooperatives to follow when, and if, the next similar crisis occurs. It is therefore incumbent upon the practitioner to set forth … Continued
Even though we all practice law in the same state, many aspects of a residential real estate transaction differ depending on where a property is located. Particularly Upstate, closing customs and practices vary widely from one county to the next. These practices include whether a contract is drafted by a realtor or an attorney, if … Continued
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In the post-New York on Pause / pre-vaccine world that we may soon be entering, managing agents and cooperative apartment corporation boards should offer remote apartment closings as an option, if not the norm.