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5 Protections a Landlord Wants in Any Long Island Lease

Landlords of commercial property are typically the more sophisticated party when it comes to Long Island lease agreements. Yet, even landlords that have negotiated dozens of lease agreements and worked with several tenants can miss or mistake key clauses in a Long Island lease. Whether you are tackling your first lease or your fiftieth, here…

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6 Things the Inspector Should Check in a Long Island Home Inspection

Most residential real estate contracts give the buyer an opportunity to perform inspections on the property. These home inspections are a way to evaluate the condition and value of Long Island property, and a buyer shouldn’t overlook or underestimate their importance. Typically, a buyer will hire a professional home inspector to handle the actual review…

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How Do Zoning Changes Impact Your Long Island Property?

Cities, towns, and counties have employed zoning laws for over 100 years. In fact, the first citywide zoning structure and resolution was implemented in New York City back in 1916. At this time, zoning laws were the necessary solution to a problem experienced by nearly every U.S. city. Commercial uses, such as warehouses, industrial plants,…

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What is a Holdover Eviction & How to Avoid It

As a residential lease agreement is negotiated and signed, all parties to the lease hope the tenancy proceeds without issues or disagreements. Landlords want tenants to pay rent in a timely manner, use the property for an intended purpose, and upkeep the property throughout the lease term. Tenants want landlords to provide clear instruction on…

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5 Overlooked Clauses of a NY Residential Lease

When people move to Long Island or surrounding areas, there is a good chance that their first “home” will be a rental property. In fact, there is such high demand for rental property in Long Island, that the current vacancy rate is only 4%. What this means is a lot of people are viewing properties,…

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8 Title Defects that Could Delay Your Closing

There are few commercial real estate transactions that are finalized without the purchase of title insurance. In exchange for the premium payment, a title company insures the buyer’s title to the property. Typically, the insurance amount is up to the purchase price of the property. The reason most commercial purchasers, and a number of residential…

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Give & Take: The Basics of Real Property Easements in Long Island

Dealing with easements, right of ways, restrictive covenants, and other land use issues can be old hat for commercial developers in Long Island. However, residential property purchasers and first time real estate investors are often surprised by these permissions and restrictions. Many times, a buyer isn’t even aware of an easement until the property is…

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The Right Way to Handle a Commercial Tenant Eviction

Commercial landlords understandably struggle with the process of tenant eviction. Often, simply mentioning a lapse in rental payment or other contractual obligation feels confrontational. Evicting a commercial tenant can be even more difficult and unpleasant. It is not uncommon for landlords to receive pushback, frustration, and even anger from commercial tenants that face eviction. However,…

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How Do NY’s Short-Term Rental Laws Affect Your Summer Airbnb?

Summer brings a significant number of tourists to New York City and its boroughs. More visitors are finding their way to areas such as Brooklyn, Long Island, Williamsburg, Rutherford, and Yonkers thanks to the popular rental website Airbnb. However, this is the first summer New Yorkers are renting their real estate under the state’s ban…

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