Ten Legal Considerations for Buying Vacant Land for Subdivision/Development in Westchester County, New York Some savvy real estate investors purchase vacant land, construct homes on the lot(s) and sell them for a profit. Here […] Read more
10 Things You Should Know About IRC Section 1031 “Like-Kind” Exchanges in New York When someone sells an investment property in New York the sale proceeds are generally subject to the federal gains tax. […] Read more
Buyer Beware Generally speaking, New York is a caveat emptor, or “buyer beware” state in reference to residential real estate transactions. In […] Read more
Top Ten Reasons to Call Keith R. Betensky, Esq. During the Coronavirus Pandemic Many New Yorkers are sheltering in place and working from home where feasible with the hope that the coronavirus will […] Read more
Court Rules Purchaser is Unable to Recover Downpayment from Seller on Contract of Sale for Real Property In Doony, Inc. v. Mark Palmiotto, et al., (decided March 20, 2019) the Appellate Division, Second Department affirmed the Westchester […] Read more
Westchester County Imposes Deadline on Coop Boards Deciding Purchase Applications On November 19, 2018, the Westchester County Board of Legislators passed a law imposing a decision deadline for coop boards […] Read more
Developing a Residential Due Diligence Checklist in New York Even for experienced buyers, purchasing a home in Westchester County, New York can be a daunting process. Most Contracts of […] Read more
No CO, No Problem? In Westchester County, New York, many older homes do not have a Certificate of Occupancy. In other cases, property owners […] Read more
What is an Inspection Contingency? Some first time home buyers or sellers in New York may not understand the mechanics of the inspection contingency. Simply […] Read more
What is a Mortgage Contingency? Some first time home buyers or sellers in New York may not understand the mechanics of the mortgage contingency. Simply […] Read more