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New York Real Estate Lawyer Blog

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Middle Class to Take Hit to the Pocket Book– Mortgage Interest Deduction is on the Chopping Block.

Perhaps it was inevitable that after 98 years, the middle class homeowner in New York (and elsewhere) should have to shoulder more burdensome tax liabilities through the loss of the Home Mortgage Interest Deduction. According to early reports, Congress and the President are about to wage war over removing deductions…

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What Exactly is an “Important Paper” and how do you get “organized?’

As life becomes complicated, you become incapacitated, you are living alone, or if you just want to be prepared for emergencies; it is very important to organize your important papers so that loved ones can pick up the pieces in a moment’s notice. When I speak to a client who…

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Attorney Fee Disputes in New York and Part 137 de novo review.

So, you signed the retainer with an attorney, litigated a case or resolved the matter, but now have a fee dispute with your lawyer over fees, malpractice, or something else. You are considering a lawsuit against that attorney, or that attorney may have sued you to recover her fees. You…

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Attorney Malpractice, Title Insurance to Prescriptive Easements, No Access in New York.

The plaintiff in McColgan v. Brewer owned a part of what was a larger parcel of property owned by M. Kelley. During construction of the New York State Thruway, the state of New York acquired the middle part of the original Kelley parcel. As a result, Kelley owned two separate…

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The Appraisal Contingency in Today’s New York Real Estate Contract.

In today’s real estate market of short sales, mortgages underwater, depressed prices and a buyer’s market, where financing can be a tricky and arduous journey there is one contingency that may protect the buyer– the appraisal contingency, often negotiated by attorneys for real estate buyers. Stated simply, the appraisal contingency…

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What to do about Buying a Home with your Significant Other in New York.

So, you want to buy a house, condominium, cooperative apartment or vacant land with your significant other in New York. You have been serious about this life partner for years, but you aren’t bound by the typical bonds of legal matrimony. Did you consult with your real estate attorney, did…