If you realize that your real estate agent is in breach of contract, you need to know what you can do. Real estate agents may breach the contract in several different ways. Securing a low price for your home According to Homelight.com, realtors may be in breach of...
Month: February 2021
Guide to downsizing from a family home to a condo
There are many reasons why people downsize from a family home to a condominium. Sometimes the house is too big after the children have moved out. Maybe the owners can no longer afford the home. Upkeep and maintenance can become an unmanageable chore, especially if the...
Can an HOA sue a tenant over a view ordinance?
View ordinances exist so that tenants cannot obstruct their neighbor's view with trees or additional buildings. Protecting the view of the property also protects the value of the condos. If you are part of a Homeowner’s Association Board, you may have run into an...
Avoiding a lawsuit when a commercial lease expires
New York commercial real estate tenants may need to take precautions to avoid a lawsuit when their lease agreement ends. A property owner may file a legal action to recover damages if a tenant fails to remove fixtures, furniture or other improvements made to the...
Considerations when buying a co-op unit
When you buy a unit in a housing cooperative, you purchase stock in a corporation that owns the building. You must have approval from the board of directors to do so. While you get a mortgage to buy the unit, you also pay a fee for building upkeep and other associated...
Protecting your interests when buying a house
Buying a home in New York requires a significant investment. So, you want to make sure you are doing your due diligence and getting all the necessary information before making things official. Complications often arise throughout the home-buying process, and you may...