Part 29*: What are the Seller’s Rider, Purchaser’s Rider and Addendum to a Contract of Sale? In New York, the Seller’s attorney typically drafts the Contract of Sale and includes additional provisions in the Seller’s Rider. […] Read more
Part 15*: What is the “Closing, Deed and Title” in a Residential Contract of Sale? Paragraph 14 of the standard form of Residential Contract of Sale in New York states as follows: “Closing” means the […] Read more
Part 12*: Can the Downpayment on a Residential Contract of Sale in New York be in the Form of a Personal Check? Depending on the contract, the downpayment on a residential contract of sale in New York be in the form of […] Read more
Appellate Division Rules on Breach of Contract Case On June 26, 2019 the Appellate Division, Second Department, affirmed the Westchester County Supreme Court decision, holding that the plaintiff […] Read more
THE WESTCHESTER NEW YORK WELL WATER TESTING LAW The Westchester County Private Well Water Testing Legislation, Local Law 7 of 2007, was adopted on May 23, 2007. The […] Read more
Court Finds Seller’s Counterclaim that Buyer Wrongfully Terminated Residential Purchase and Sale Agreement is Full of Hot Air On November 13, 2014, the New York State Appellate Division, First Department, decided the case entitled, Honua Fifth Avenue, LLC […] Read more
“Buy and Build” Residential Raw Land Deals Keith R. Betensky, Esq. (914)338-8050 As the real estate market in New York continues to improve, some homebuyers and investors are […] Read more
US Supreme Court Upholds Arbitration Clause in Non-Compete Dispute On November 26, 2012, the United States Supreme Court decided the case Nitro-Lift Technologies LLC v. Eddie Lee Howard et […] Read more
The Benefit of Written Horse Boarding Agreements All too often horse owners and farms have a “hand shake” agreement pertaining the boarding of an animal without reducing […] Read more