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Articles Posted in Legislation-Regulation

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New York Attorney General Asks–Do You Know Your Home Improvement Contractor?

Your home is your sanctuary, your largest investment, and possibly your largest headache if you are not careful about who you hire. So, it pays to be careful when hiring home improvement contractors, whether for a small construction project or a huge renovation, you need to know that your contractor…

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Environmental Disclosure– New York Takes the Lead– But Where Will it Lead

New York State has recently enacted a new section (27-2405) of the Environmental Control Law which shall now require Landlords and Owners to Notify Tenants of “Indoor Air Contamination.” Effective December 2008, property owners and landlords will be required to to disclose the results of environmental testing to tenants (both…

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Town of North East, Dutchess County– Transfer Tax

Upstate towns are jumping on the conservation band wagon. The most recent is the Town Board of the Town of North East in Dutchess County. New York State has authorized the Town Board of the Town of Northeast in Dutchess County to establish a Community Preservation Fund by referendum. The…

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Real Estate Brokerage Disputes– New York Law Amended.

When commission disputes arise, how do you handle them in New York? Real Estate brokers, realtors, and other real estate professionals who depend upon a commission to be paid will now have a clearer path to address their commission disputes. Under the recently amended NY Real Property Law (“RPL”), Section…

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Columbia County, New York– Transfer Tax

Sellers of homes in Hudson, Germantown, Chatham and all of the other towns in Columbia County, New York, can expect to pay a transfer tax on the transaction. Beginning December 1, 2007, title agents will collect the Columbia County Real Estate Transfer Tax of $2.00 for each $1,000.00 of the…

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Dutchess County Executive Vetoes Mandatory Well Testing Law–Upstate New York.

Contrary to surrounding counties which require well testing, the Dutchess County executive vetoed recent legislation that would have required the seller of real estate in Dutchess County with a private well to test it before the closing. Under the vetoed law, the test results would have been given to the…

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Mortgage Laws Enacted in New York

Gov. David A. Paterson recently created new legislation which is designed to protect both buyers and banks. The legislation is targeted at sub-prime loans which are defined as 1.75 percentage points above the prevailing market interest rates. The legislation opens the possibility for buyers to avoid foreclosure actions if they…

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The New York Legislature Undertakes a Definition of Adverse Possession

Governor signed Chapter 269 of the Session Laws of 2008, which significantly amends the Real Property Actions and Proceedings Law in New York State. What does that mean for the average homeowner and neighbor embroiled in a dispute over property lines or boundariesr? Only time will tell, but it appears…

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Westchester County Taking Lead On Septic Management White Plains, NY

https://www.kloselaw.com/lawyer-attorney-1336884.htmlDid you know that your septic system needs periodic maintenance and occasional pumping? Westchester County did not believe that enough homeowners understood this, and is obligated by New York State to protect the drinking water supply; so it is going to reimburse homeowners who have septic systems and pay taxes…