LIEB BLOG

Legal Analysts

Friday, July 19, 2013

Digital Shades - Go Green

At our continuing education course last evening I mentioned a terrific new product, not even yet on the market, by Sonte, called Sonte Film, which appeared on Kickstarter recently. This product makes smart film technology easy to install and operate, with the first ever wi-fi enabled digital shades, as demonstrated below. If you can control natural light, you can save on electricity. Enjoy...

Whether you want to enjoy your nice bath or massage with a view or you just want some alone time, the choice is yours at a touch.

Thursday, July 18, 2013

ERO Concrete Recycling Robots - So Green; So Cool

Tonight we teach our continuing education course, "To be Green or not to be Green: That is the question". In honor of the green real estate energy that I am feeling, let me share with you a terrific article about a really awesome robot. This robot will change the face of demolition by mitigating dust from traditional demolition techniques while recycling all of the rebar and concrete on-site.

Amazing ERO Concrete-Recycling Robot Can Erase Entire Buildings

Thursday, July 11, 2013

Lease Clauses - by Business Insider

Business Insider has an article called 11 Clauses to Beware The Next Time You Sign a Lease that I thought was better serving to the first time landlord rather than the first time tenant. You see, so often landlords call their attorneys and say how much do you charge for a lease and my firm's standard answer is; what do you want in it as leases range from $300 to thousands and thousands?

While we could spend 3 hours educating the client, than a lease will not be affordable to most weekend warriors. Instead, its best for a landlord to think about, in English, what they want the functional relationship with their tenant to be and then to see an attorney to make it enforceable and to provide additional suggestions.

I found this article to be a great start for first time landlords to think about their tenants' rights and responsibilities before they see their attorney.

Tuesday, July 09, 2013

Mortgage Rules Readiness Guide - Get to know the new rules of lending

The Consumer Financial Protection Bureau just published its 2013 CFPB Dodd-Frank Mortgage Rules readiness Guide.

This Guide should serve as the basis for banks' / financial institutions' internal compliance system. It includes information concerning the following topics:

  1. Ability-to-Repay and Qualified Mortgage Standards (Regulation Z)
  2. Escrow Requirements under Truth in Lending Act (Regulation Z)
  3. High-Cost Mortgage and Homeownership Counseling (Regulation Z) (Regulation X)
  4. Mortgage Servicing Rules (RESPA) (Regulation X) (TILA) (Regulation Z)
  5. ECOA Appraisals for Higher-Priced Mortgage Loans (Regulation B)
  6. TILA Appraisals for Higher-Priced Mortgage Loans (Regulation Z)
  7. Loan Originator Compensation Requirements (Regulation Z)
Get to know these rules as they all become effective in January of 2014. 

Wednesday, July 03, 2013

NYSAR's Advertising Under the New Regulations - Take the webinar

One of the finest real estate brokerage attorneys in our State, Anthony Gatto, Esq. of NYSAR, presents a free explanation on the new ad regulations that are effective January 2, 2014, which you can watch here.

Its a must watch for licensed real estate agents in New York State. Learn the new regulations by as many sources as possible as they will be enforced and you must be prepared and in compliance.