Residential Real Estate
What Does It Cost to Hire a Long Island Residential Real Estate Lawyer?
When it comes to commercial property, buyers and sellers are nearly certain to hire a Long Island real estate lawyer to handle the transaction. Without a real property lawyer, parties to a commercial transaction risk significant financial and business consequences. Savvy commercial parties know that inaccurate documents, bad negotiations, lacking due diligence, and issues at…
Read MoreHow Can You Co-Own a Property in New York?
There are many reasons to purchase property in New York with a co-owner. When it comes to residential property, the most common motive for joint ownership is marriage, but this is hardly the only time joint or co-ownership is desired. Friends, family members, and investment partners have all decided to own Long Island property under…
Read MoreThe 5 Most Common Property Problems Among Long Island Neighbors
Neighbors in Long Island are known for sharing backyard BBQs and block parties. It isn’t uncommon for perfect strangers to become friends simply by proximity and sharing a property line. But as a residential real estate law firm, we know neighbors don’t always get along. Sometimes, arguments over property boundaries and renovations even land neighbors…
Read MoreWhat 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…
Read MoreRed Flags for Any Long Island Homebuyer
Buying a new home is an exciting time for residents of Long Island. It’s often a new start or a step forward – for some families buying a house is the fruition of a collective and longtime dream. Before signatures are placed on purchase contracts and closing documents, buyers are already discussing possible renovations and…
Read MoreIdentifying and Dealing with Covenants, Conditions, and Restrictions in New York
Many residential deeds in the State of New York’s developments and neighborhoods, including properties in Long Island, contain mention of covenants, conditions, and restrictions. Within the deed this reference can be the full text of a real property covenant, but more than likely it is a single sentence similar to, “grantee takes title to the…
Read More5 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,…
Read MoreA Guide for First Time Homebuyers in Long Island
Buying your first home is an exciting adventure. There are open houses, showings, and late night conversations with loved ones over the many options. Then you find the perfect property, and it is a thrill to make an offer. Whether you fall in love with the first home you see or the thirtieth, the home…
Read MoreGive & 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…
Read MoreHow 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…
Read More