The first step to determine who owns a given parcel of real estate in the State of New York is to visit the County Clerk’s Office and to locate the latest recorded deed on the parcel. Recording of a deed is imperative because we live in a Race-Notice State and, under the Recording Act, priority of ownership is often determined by who records their deed first (i.e., the First in Time / First in Right Rule). The next step, which is of equal importance, is the realization that a deed can be rescinded or voided, and as such, the deed is not the last word on the topic of real estate ownership. As such, these top 5 lawsuits to set aside the deed should be considered in order to determine if the recorded deed is in jeopardy. Only then, should a property be sold.

Read the full article by Andrew Lieb, Esq. published in Dan's Papers here.

Lieb at Law is proud to announce that Leslie Mendoza has passed the New York Bar Examination.

Andrew M. Lieb discusses the Appellate Division case of Vanderbilt Brookland, LLC v. Vanderbilt Myrtle, Inc., which clarifies the strict statutory recording requirements necessitated to establish bona fide good faith purchaser for value status when the recording is a memorandum of purchase and sale agreement rather than a contract of sale. This case matters when there are competing title claims of priority by differing contract vendees to the same real property. 

Read the full article published in the Suffolk Lawyer here. 

A Real Estate Salesperson recently asked the following question:

Question: "If a broker released my license, can I still take the CE 22.5 hours and get credit towards my license? Or do I have to wait until a broker hires me? "

Answer (from The Department of State of NY): A renewal license will be issued to any licensee eligible to renew who has not been expired over 2 years, has completed the 22.5 hours of continuing education or is exempt and is associated with a broker at the time of renewal. There is nothing in the continuing education regulations that require a sponsoring broker be in place to be eligible to complete continuing education.

Lieb School is thrilled to announce that we have been licensed in Connecticut. We plan on launching our license renewal package for Connecticut Real Estate Brokers and Salespersons in 2018. Stay tuned for more information!

A process server comes to your door. Now what do you do?

Read the 5 steps to respond to a lawsuit by Andrew Lieb, Esq. published in Behind The Hedges.

The takeaway for practitioners is to look to the category of expenses claimed, not the amounts thereof, when evaluating whether a summary discharge should be sought on a NYC HPD lien.

Estate Deals is an online video continuing education course that satisfies 4.5 credits of the total 22.5 credits required by the NY Department of State for license renewal.

An inheritance of real estate often needs to be liquidated by a real estate broker. It’s likely that a beneficiary already has a home. Often times, multiple beneficiaries don’t want to share a home. Frequently, estate creditors force a sale.

After completing this course, students will learn the unique language of estate deals, the impact of a Last Will and Testament on an estate deal, and how to navigate the probate / intestacy process while effectuating a sale. Students will be exposed to how an executor’s commission can impact their brokerage commission and how estate foreclosures can kill their deal in the entirety. Estate deals are an opportunity to both make money and to help a client in their time of need.
This course combines video footage of Andrew Lieb, Esq. teaching live class segments with visuals, study guides, and quizzes in order to optimize your understanding of the intense materials. It is delivered in an asynchronous model to allow for accessibility whenever and wherever you find convenient while also offering note-taking and in-class comment features to provide opportunities for feedback, questions, and discussions.

Click here to register

Minimum System Requirements

Department of State License Course Code: M12823