real Estate

Tuesday, August 15, 2017

What If My Renovation Damages a Neighbor’s Home?

Am I liable if I accidently damage a neighboring property?

During renovations, you may be opening up walls in your home, removing trees, repairing fencing, and the like.  It is possible that during renovations you could damage a neighboring property.  Falling trees, dust spreading to other apartments, and torn down fences are all potential scenarios in which you could be held accountable for the damages that you or your employees inflict on a nearby property.  Our Read more . . .

Monday, July 24, 2017

Staten Island Real Estate Rush is On

Q: Why is the Staten Island real estate market so hot?

Staten Island residential real estate attorneys know firsthand that the local real estate market is booming particularly in the North Shore area of Staten Island. In fact, one of our partners, Kenneth A. Gonzalez, Esq.

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Thursday, July 20, 2017

Why Homebuyers Need an Attorney

For many individuals, buying a home is the single largest financial transaction they will engage in during their lifetime. While some may think that they got it alone, an experienced attorney can help to avoid any pitfalls and protect the buyer’s interests.

Although buyers are primarily concerned with the price and the location, there are are number of other considerations. This includes the condition of the home, negotiating the sales contract, resolving potential title issues, and arranging for financing. In short, not having proper legal representation can ultimately be a costly mistake.

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Monday, July 17, 2017

10 Reasons for Staten Island’s Real Estate Boom

Q: Why are Staten Island real estate values increasing?

Staten Island residential real estate values are soaring. We previously reported on how The New York Wheel project is anticipated to lure Manhattan tourists’ attention and money here. But there are many other reasons why Staten Island is really becoming the place to be for residents and businesses alike.

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Thursday, June 29, 2017

Ensure Your Compliance with ADA Laws with a Real Estate Lawyer

What steps can I take to make sure my new building meets ADA requirements without excessive costs to renovate?

The Americans with Disabilities Act (ADA) was passed in 1990.  This civil rights law prohibits discrimination against disabled individuals.  For businesses, this often requires making modifications to an existing building in order to ensure disabled individuals have full access to the business.  Making ADA accommodations can be expensive and time consuming.  While most business owners are aware of the ADA, few understand their full potential obligations under the law.
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Tuesday, June 27, 2017

What a Homebuyer Should Look for in a Real Estate Contract

If you are buying a home, you will need to enter into a purchase and sale contract with the seller, which is typically a standard document prepared by the real estate agent. Nonetheless, it is important to have an experienced real estate attorney review the contract to ensure that your interests are protected.

Real Estate Contracts 101

There are a number of essential elements that must be included in a real estate contract. As you know, buying a home requires obtaining a mortgage loan to finance the purchase, and getting approved for a loan can be a difficult process that is often met with unexpected delays.

For this reason, it is important that the contract explicitly states that the deal is contingent on your loan application being approved.

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Thursday, June 1, 2017

Pitfalls to Avoid in a Commercial Lease in NY

Do I need a real estate lawyer to review my commercial lease?

Signing a lease on a building is often one of the most critical first steps to starting your successful new business.  By signing a commercial lease, you will obligate yourself to pay large sums of money for several years to come.  Given the seriousness of your lease obligations, and the fact that most leases will be written pro-landlord, it is critical that your Staten Island real estate attorney review your lease with an eye for the following potential lease traps: 

  1. Personal guarantees:  A personal guarantee will obligate you to pay the lease balance in the event your business does not succeed.

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