Articles Posted in #KloseAssociates

In past links, I have discussed “Tenancy by the Entirety,” where a deed to a Husband and Wife is presumed to convey the property to each as equal and inseparable joint tenants.   That means, one may not convey without the other, and creditors may not partition their interests.  Indeed, when…

Corporate Compliance UPDATE—(January 10, 2024). LLCs have been a favored entity for real estate for many years in New York.  Times are changing.  For those of you who own a beneficial interest in a New York Limited Liability Company, you need to contact your attorney.  Effective January 1, 2024, LLCs…