In New York, any agreement involving real estate must be in writing in order to be enforceable. For commercial properties, you need a Purchase and Sale Agreement (PSA). This document spells out all the key parts of the transaction, including the purchase price,...
White Plains, New York Legal Blog
How can a healthcare proxy protect your medical wishes?
Of course, medical emergencies happen without warning. While no one likes to think about these situations, you can take control by deciding who will speak for you during a health crisis. What is a healthcare proxy? A healthcare proxy lets you pick someone to make...
Why is it important to have a real estate lawyer?
You're about to close on your dream home, the place where you see yourself building a future, or you are selling your fifth piece of real estate. Unfortunately, there’s a mountain of paperwork and complex legal terms involved in the process. It feels overwhelming,...
FAQs about property easements when buying property
Property easements can complicate real estate transactions, especially for first-time buyers. Understanding common questions about easements in New York can help you make informed decisions when buying property. What is a property easement? A property easement is a...
Is a spendthrift clause right for your estate plan?
When crafting your estate plan, it is crucial to consider not only the "what" of inheritance but also the "how." A spendthrift clause provides a structured approach, ensuring your hard-earned assets benefit your loved ones responsibly. Is this provision suitable for...
Key elements to consider during a commercial lease review
When you're considering investing in a commercial property, you will want to know everything about it before making a decision. Lease reviews are a crucial step in this process. They involve taking a close look at all the existing rental agreements for the property,...
When do new homeowners finally receive their keys?
Purchasing a new home is an exciting milestone, but the final steps before moving in can feel shrouded in legal complexities. Many buyers wonder when they will actually get the keys to their new properties. The answer, as with many legal matters, is that it depends....
Probate vs. non-probate assets in New York: What executors need to know
The passing of a loved one is already an emotionally challenging time, and the responsibility of being an executor of their estate can feel like an additional weight on your shoulders. You might be worried about making mistakes, unsure of where to start or concerned...
Piercing the corporate veil: What does it mean in real estate disputes?
Piercing the corporate veil occurs when a court removes a corporation or LLC's protection from liability and holds its owners or shareholders personally responsible for the company's debts or wrongs. Courts typically do this when individuals misuse the company...
Estate planning for blended families: What you need to know
If you are part of a blended family, you know that love and commitment can create strong bonds. However, these families face unique challenges when it comes to estate planning. Understanding why estate planning is crucial for blended families and how it can benefit...