Posts by Sami Perez
When Does a Landlord’s Behavior Become Tenant Harassment?
Long Island has strict laws governing the interactions between landlord and tenant. In fact, taking certain actions against your tenant can even result in felony or misdemeanor charges. More often, it results in civil penalties. Either way, they’re penalties you don’t want to face. Some of the things which count as harassment may surprise you.…
Read MoreWhat You Need to Know About Equal Housing Law
Earlier this month, Newsweek released the disheartening results of a 3-year undercover study. The study focused on real estate agents and brokers across the Long Island area, and found that while these agents may be “all smiles” with some buyers, they would nevertheless treat people of color differently from white people. Only two agencies, The…
Read MoreIn the News: Condo Owners Can Remain Anonymous After All
A few weeks ago the Long Island real estate market went into an uproar over a new law which required LLCs to disclose the names and addresses of everyone involved in owning a property, including condos. A few days ago, the State Tax Department reversed its stance, excluding condos from the reporting requirement. Instead, the…
Read MoreIn New York, Anonymous Condo Purchases Are a Thing of the Past
If you’ve ever considered using an LLC to mask your identity while you participated in a real estate deal, you may be unpleasantly surprised by a law that went into effect in September. The new law doesn’t stop you from purchasing the property with an LLC, but it does make your identity completely available to…
Read MoreHow a Long Island Attorney Can Help With Title Defects
While most buyers are alert to the possibility of purchasing a property with severe maintenance defects, many people don’t stop to think about the problems that can arise when one has a title defect. A maintenance defect may be expensive, but it’s resolvable. A title defect can call your right to own your own property…
Read MoreYour Long Island Real Estate Broker May Owe You Money
Confusion runs rampant in response to the Housing Security and Tenant Protection Act of 2019. Many entities have found the laws ambiguous. Others are fully aware of their obligations, but have chosen to take advantage of the fact that much of the population is somewhat ignorant about what the law requires. Some tenants know. But…
Read More5 Ways to Minimize Liability at Your Long Island Rental Property
Becoming a landlord can be lucrative, but a single lawsuit could wipe out all your profits and put you out of business for good. This is true even if you have a great insurance policy. The damages on any one claim can vastly outstrip your coverage limits. Landlords who don’t take the appropriate steps to…
Read More4 Things to Know About Purchasing Commercial Real Estate
Commercial real estate purchases come with a lot of pitfalls. If this is your first time purchasing non-residential properties you’re about to enter a whole new world. And it can be a tough world to navigate if you don’t know what you’re doing. Here are four issues to watch out for. 1) You don’t have…
Read MoreTips for Long Island Co-Owners
There are a lot of reasons why people become the co-owners of a property, including inheritance. And when everyone wants the same thing, co-ownership runs as smoothly as any other kind of ownership. But when someone wants out, things can get messy. Which means no matter why you’ve become a co-owner, it pays to be…
Read MoreDid You Just Lose the Right to Get Rid of Fido?
Many Long Island landlords don’t want pets in their apartments. And for the most part, if you discover a tenant in your apartment who has a pet then you’re usually safe to move against that tenant for violating your lease. But not always. There are two instances you need to know about in which you…
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