Nadel & Ciarlo, P.C.

October 2016 Archives

Common contingency clauses when buying and selling homes

Whether you're buying or selling a house, it's crucial to know what types of contingency clauses can be used and how they impact the sale. Generally speaking, the end goal is always the same: The deal can be called off if the contingency is not met. Below are a few examples.

Man claims lifetime lease on third floor of New York building

Property in New York can be hard to come by, and one man says he tried to lock his interest down in a mixed-use building by signing a lifetime lease. He claims he is entitled to the third floor of the building. However, he says that the landlord is attempting to ignore the contract and cheat him out of the lease.

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