When buying real estate, it is common to have multiple owners. In New York, if title is held by more than one owner, there are three common ways for title to be held on the same property: Tenants in common: each person on title owns an undivided interest in the whole property. Each individual can …
Category Archives: real estate
Are you selling property, and live in Warwick, Orange County, NY, or Red Hook, Dutchess County, NY? If so, the sale of the property may result in an additional transfer tax paid to the Town’s CPF. Similar to the transfer tax paid as a Seller to New York State, reflected on the TP-584 Form, the …
On Friday, May 15, 2020, the Chief Administrative Judge announced that beginning Monday, May 18, 2020, matters in which an individual passed away due to COVID-19 causes are essential proceedings that may be filed in the Surrogate’s Court. This change will now allow attorneys to start assisting Clients to file estate proceedings and begin the process …
It’s safe to say that you have heard one or two lawyer jokes in your time. Many of those hundreds, maybe thousands, of jokes have a similar theme, “You can’t trust them.” Yet, you have to rely on them when you start a business, enter into a contract, complete a real estate transaction or develop …