Buying and selling a home can be a stressful process, especially with all of the contracts and paperwork. Within your real estate contract, you may find contingency clauses, which could affect your transaction.
What is a contingency clause?When something is “contingent,” it means something...
When it comes to buying and selling property, you can expect to encounter many real estate terms you may not be familiar with — “as-is” is one of those terms. It is critical to look out for these terms in your contract and understand what they could mean for you and...
Land encroachment refers to the illegal occupation of land that belongs to someone else. This type of activity can happen in many ways. If you are the victim of encroachment of property, reach out to a real estate attorney at Merlino & Gonzalez.
Encroachment of property can result in...
Real estate mediation is an ideal method for resolving disputes without taking on the expense and stress of court proceedings. Ideally, successful mediation will put an end to a dispute in a way that leaves both sides satisfied.
The key to making the most of real estate mediation is...
A quiet title action is a lawsuit filed in court to establish clear ownership of a property and remove competing claims, liens, or defects affecting the title. In New York, this type of legal action allows a judge to determine who holds valid ownership rights when records are unclear or in...
Ordinarily, when a house is listed, the sales price is set in stone when the listing becomes public. However, there are some situations where a sales price will change after listing. It will typically go down due to a lack of demand, but there are circumstances where it may go up as...
Real estate disputes are a common occurrence for property owners across New York. Whenever different parties cannot agree on contracts, boundaries, property division, or sales, the situation can become heated and turn into a complex legal battle.
If you own real estate, the best way to avoid a...
Congratulations, you’ve decided to start investing in real estate! Investment properties, whether residential or commercial, can provide a steady stream of mostly passive income — provided you don’t make one of the common real estate investing mistakes.
If you’re new to the real estate game, professional guidance can...
Can the United States government, your home state, or even a municipality take away your private property for public use? You may be surprised to learn that the answer is yes. In the United States, this power is called eminent domain.
Eminent Domain: the BasicsThe...
When it comes to investing in real estate, protecting your assets is the name of the game. As such, each property will present its own set of challenges and require different protection strategies.
If you are looking for ways to protect your real estate investments, you’ve come to the...
