You hear the old adage– “if its too good to be true . . . . ” Homeowners in New York and elsewhere should be on the look out for the newest form of fraud on the rise–“house theft.” Under various permutations of the fraud, con men and thieves conspire…
New York Real Estate Lawyer Blog
Legal Insurer Liable for Loss Despite Notice Issues.
Chalk one up for the diligent little guy here. Cite-884 N.Y.S.2d 634 (2009) In a recent New York State case involving claims for legal malpractice arising from the failure of an attorney to adequately and timely respond to a fire insurance claim loss, the person injured by the malpractice was…
Unintended Results of New York’s New Power of Attorney Forms.
I get calls every week from family members concerned that another family member might be abusing a power of attorney issued by an elderly or infirm client. We take these concerned calls very seriously, as did the New York State Legislature, who recently amended the General Obligations Law relating to…
Did You Know that Septic Tanks and Fields Can “Fail?”
We recently discussed hidden dangers lurking under the ground with USTs (Underground Storage Tanks-Fuel). A similar problem exists with aging septic tanks and fields in New York State. Who’s responsible for finding the problems? What are the problems? How are the problems with septics fixed? These are all common questions,…
Restraining Notices and New York State Bank Accounts Exempt Income Protection Act (EIPA).
You owe some money on a debt, the creditor gets a judgment against you, and suddenly, your checking account is frozen by a restraining notice. That scenario is all too common, especially when we all live in a large metropolitan neighborhood, change addresses often, and sometimes don’t get copies of…
Don’t put your head in the sand when you get sued for Foreclosure in New York.
Have you been sued for foreclosure in New York State, are you ignoring the certified mail or the papers taped to your door. Well, that’s not the best response to a foreclosure action, where they want to take your home away. Increasingly, as this mortgage foreclosure debacle ripens, courts, litigants,…
WHAT ARE DECLARATION OF RESTRICTIONS IN A SUB-DIVISION AND WHY SHOULD YOU READ THEM OR ASK YOUR ATTORNEY ABOUT THEM?
The “suburbs” mean “sub-divisions,” but do you understand what a “sub-division” is? When you purchase real estate in New York State, you should be sure you understand what it means to be purchasing in a sub-division. Take the typical scenario– Developer buys a large tract of land with the idea…
Underground Storage Tanks (USTs) and the New York Real Estate Closing.
No matter who your attorney is when buying a parcel of New York State real estate, s/he should ask you whether you have investigated whether there are (or were) Underground Storage Tanks serving the heating needs of the house (or a Phase I search in a commercial transaction). An underground…
When your Estate Planning Attorney is Not Your Attorney in New York.
The New York State Supreme Court (Shafer, J) reiterates that to sue an attorney for malpractice arising out of alleged negligent will preparation there must be an attorney client relationship before the beneficiaries may sue for legal malpractice in New York. That is, there must be “privity” of contract between…
When a Real Estate Closing Attorney is Not an Attorney in New York?
Since lawyers have been lawyers, there has always been pressure to release the age old bonds of the attorney client privilege in favor of letting non-professionals practice law. Never more so has this pressure been as intense as in the real estate industry where many states permit non-lawyer participants do…