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In New York, having clear title is critical when real property is sold or refinanced. A cloud on the title can cause delay and possibly even cancellation of a transaction. Where serious title issues exist, it may not be possible to get title insurance on the...
The collapse of the Russian ruble has resulted in an increase in Russian investment in New York real estate, according to a recent news report. Russians have been buying up high-end apartments in the city for years, of course, as a cushion against economic instability...
For those who live in a rent-regulated apartment - one that is either rent-controlled or rent-stabilized - in New York, they may have important rights not available to tenants in unregulated, market-rate buildings. It is in one's best interest to be aware of those...
Whether you are a landlord or a tenant in a residential building in New York, it is important to know the rights of tenants under New York law. The residential lease controls many aspects of the landlord-tenant relationship. But tenants also have rights under state...
According to a recent news report, Canadian investors are buying heavily in U.S. commercial real estate, including at least one landmark property in Manhattan. Developers and pension funds from north of the border are reportedly looking to the U.S. market...
Condominiums have become a popular form of residential real estate ownership for many New Yorkers. In a condominium, residents have separate ownership of their individual units, and an undivided interest, shared with other residents, in the common areas such as...
When a commercial property owner gets into litigation with a tenant, the expense can be a huge drain on the bottom line. Sometimes it takes a little outside help to resolve the situation and get back to making a respectable profit. For the owners of the International...
If your landlord has served you with a lawsuit alleging non-payment of rent, you do have rights. But you need to act quickly to preserve those rights.Before starting a lawsuit, the landlord must serve you with a rent demand. The rent demand needs to be provided to you...
There are many options for New Yorkers looking for residential property. One residential real estate option distinctiveto New York City is the cooperative apartment. In a cooperative, the entire building is owned by a corporation. Instead of a deed, you buy shares in...
Commercial real estate in New York is a high-stakes business. With so much on the line, you need legal counsel with a sophisticated understanding of the law that applies to your transaction.One of the most important goals in any real estate transaction is anticipating...