Foreclosure laws vary drastically between the states. A recent decision from the Ninth Circuit Court of Appeals questions whether national banks can rely upon regulations and guidance from the Office of the Comptroller of the Currency when deciding whether local state law governs. Dennis Valet, Esq., examines whether Congress will step in to regulate a fractured banking system filled with contradicting state laws in order to give national banks the certainty they need to operate in multiple jurisdictions.

Lieb at Law, P.C. is proud to announce Super Lawyers has recognized Andrew Lieb Esq. and Dennis Valet Esq. as NY Metro Rising Stars for 2018. This is Andrew Lieb's 5th year in a row and Dennis Valet's 3rd year in a row with such honor. Only 2.5% of the attorneys in the state were selected.

Condominiums and cooperatives, especially high-end associations, are infamous for their lengthy, comprehensive, and often draconian purchase applications, by-laws, and house rules. In their quest to ensure that prospective new purchasers will be the proverbial “good neighbor” it is easy for a board of managers to inadvertently take discriminatory actions that expose the board to liability. This article examines some common issues a board of managers should consider when hiring an attorney to craft or review purchase applications, by-laws, and house rules that ensure compliance with ever-changing local, state, and federal discrimination laws.

To read the full article by Dennis Valet, Esq, click here. 

When the discovery of a latent defect in a newly purchased home triggers a severe case of buyer’s remorse, the real estate brokers involved in the transaction often find themselves in the crosshairs. The erroneous expectation is that these licensed professionals hired for the purpose of bringing two parties together in a meeting of the minds are the guarantors of a problem-free transaction. In reality, a real estate broker’s liability is limited to the duties owed to the complaining party. Some of these duties are derived from general common law negligence and agency principles, while others are specific to real estate brokers by way of statutes, regulations and administrative decisions. Because consumers tend to purchase or rent a home only a handful of times in their life, their familiarity with the rules governing these agency relationships is often lacking. 

So, when is it really your real estate broker’s fault? 

Read the full article by Dennis Valet, Esq. in published in The Suffolk Lawyer Here.