In commercial real estate, conveyancing is the legal process of transferring ownership of a property from one party to another. This procedure involves a thorough examination of property rights, zoning laws and other legal and financial aspects. While crucial for a...
White Plains, New York Legal Blog
What is a power of attorney and why is it necessary?
A power of attorney (POA) is n essential legal document that allows one person to appoint another to handle specific financial and legal matters on their behalf. You may need a POA to ensure others respect your wishes if you can't make decisions for yourself. It's...
When can you terminate a commercial real estate PSA?
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,...
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...