A highly popular question in the transactional area of law. Does "on or about" or "on or before" mean on that date, around that date, within 30 days of that date? How can a buyer or seller plan for the closing date? Andrew Lieb, Esq explains what these terms mean and how to set expectations for buyers and sellers in this...
Showing posts with label real estate transactions. Show all posts
Showing posts with label real estate transactions. Show all posts
Thursday, January 09, 2020
Monday, November 11, 2019
11
Nov
News media is reporting that "Condo Buyers Can Keep Purchases Secret, N.Y. Tax Officials Say in Reversal," but is that true?
For reference, see Law Alert: LLC Owners ID Must be Disclosed in Real Estate Deals where we discuss S1730 requiring disclosure of the beneficial ownership of a one-to four-family...
Tuesday, October 15, 2019
LLCs still offer many advantages in real estate ownership, but anonymity isn't one of them.
Andrew Lieb, Esq. shares the latest updates with the law here.
...
Monday, February 18, 2019
Buying and selling real estate is both fun and frustrating. The process seems simple but takes forever. The terminology sounds familiar but is misunderstood. All too often buyers and sellers feel hoodwinked by a shyster, but that is far from what is occurring. The truth is that real estate closings are really complicated...
Thursday, December 27, 2018
27
Dec
The dichotomy between a litigation and a transactional practice is stark. Simply, transactional counsel needs to adhere to the game of hot potato —
don’t get stuck as the recipient of a
notice when the music stops. Instead,
counsel must assert a preservation
right whenever counsel receives a
notice that asserts contrary...
