New York has passed a new law, Bill S2271, that simplifies the recognition of out-of-state notarizations, making it easier for businesses and individuals to transact business across state lines.Previously, New York required a "certificate of conformity" to verify that out-of-state notarizations complied with the laws of...
Showing posts with label #realestate. Show all posts
Showing posts with label #realestate. Show all posts
Monday, November 25, 2024
Thursday, November 14, 2024
14
Nov
The New York City Council has approved the FARE Act (Int 0360-2024), a new bill that eliminates upfront broker fees for most renters. Currently, New York is one of the only places in the country where tenants are required to pay these fees, often around 15% of the yearly rent, even when they’ve never met the broker....
Monday, December 19, 2022
19
Dec
Sketchy
landlords beware! New York's Real Property Actions and Proceedings Law Article 7-C has been added by A3241 to give tenants and
municipalities a new tool in their arsenal to address persistent unsafe
conditions that are neglected by their landlords.
Applicable
in both residential and commercial mixed...
Thursday, June 03, 2021
03
Jun
With about 11 million Americans reported to be behind on their rent, experts predict that the number of evictions will increase when the national ban on evictions will be lifted on June 30th. New York State has extended the eviction and foreclosure moratoriums on both residential and commercial properties to August 31st,...
Thursday, March 04, 2021
04
Mar
To all the landlords “embarking on a campaign” to end a tenancy, you might want to reconsider this tactic. The case of Negron v. Foster is the reason why. In the case, the court found that the owner harassed the tenant with the intention of causing the tenant to leave the apartment. During the time of tenancy, the tenant...
Tuesday, March 02, 2021
When selling a home, the contract may require that the home be in broom clean condition at closing. Broom clean condition is a term often used to describe the condition of a home at the transfer of title (i.e., at closing). But what does it really mean to leave a home in broom clean condition? In Witter v. Nitschke, the...
