Estate Planning: How Prepared Are You? Let Attorney Anthony A. Nozzolillo, Esq. help you make sure your Estate Planning (Wills, Trusts, Testamentary Provisions) is in order Life can come at you fast—from every different angle, every single day—and if you aren’t prepared
Category: Real Estate Law
Rent-to-Own Scenario — a.k.a. Lease with an Option to Buy Love the house I’m renting. It’s up for sale. Not one bidder. Landlord can’t pay the mortgage, but I can’t afford to buy at this moment on my salary. Superficial Transaction Overview:
The Tumultuous Residential Landlord/Tenant Relationship Attorney Anthony A. Nozzolillo Esq. takes on the complex issue in New York State Often, most contractual agreements between two parties will come to a head at one point or another. Nothing is more indicative of this
The Property Condition Disclosure Act (PCDA) New York Real Property Law — Chapter 50, Article 14 Effective March 20, 2024, the AMENDED provision will “Compel all sellers of residential property to complete and deliver a Property Condition Disclosure Statement (“PCDS”) to a
Mortgage Contingency: An Open Letter to Home Buyers To All Prospective Home Buyers Seeking Financing to Purchase a Home Where a Real Estate transaction involves a lending component, i.e. the Purchaser’s contractual obligation to perform under the terms of the contract is
Lease Agreement vs. License Agreement A Commercial Landlord’s Possible Safe Haven in New York State In almost every commercial property setting, the “mindset of categorization” by and between the “Owner” and “Renter” is that of “Landlord” and “Tenant”. The legal instrument used
Co-Op Unit Owners… No Mortgage/Loan? Be Sure to Safeguard Your Stock Certificate Confusion sets in when it comes to the ownership of a Co-Op Unit… as opposed to a Condominium Unit. When one owns a Condominium Unit, they own a fee simple
Being Bullied by Your Landlord? New York Real Property Law Section 235-b: Warranty Of Habitability In New York State, if you are a renter of residential property, in good standing, consistently and timely making your rental payments, yet are being forced to
Approved for a Short Sale! Think you beat the bank? Think again! In the end… they get it all. With the changing times, the “conventional” has materialized into the “non-conventional”. The same holds true for real estate closings… and the underlying fundamentals
The “Seller’s Concession” in New York State What? Who? When? The American dream of owning a home… has become a materialized reality!! As the prospective purchaser… correspondence with your real estate agent has proved successful… your purchase offer has been accepted by