Short-term rental properties are a source of income for many people, partly because the owner can make an income from a property that would likely be empty. Since there’s no long-term lease for the home, the owner can adjust the rental price based on the current...
Real Estate
3 details to validate before signing a commercial lease
Leasing commercial space instead of buying a commercial property is often the best option available. Those trying to grow an existing company or establish a new organization may not have access to the financing necessary to purchase facilities. They may need the...
What if there are surprise defects with a property after closing?
Buying real property typically means making a long-term commitment to a specific residential neighborhood. Buyers often scrutinize properties to ensure that they are in reasonable condition. Banks and mortgage lenders financing residential real estate transactions...
Resolving easement disputes that affect land use
There are several ways for people to gain legal access to real property. The simplest is by purchasing the property. Other times, they may negotiate a rental arrangement with the current owner. It is also possible for those who need to use a property for limited...
What to know about liens when buying a home
Buying a home typically involves working with numerous professionals. People hire real estate agents and likely need a mortgage broker to help them obtain financing. They may need to hire surveyors, appraisers and inspectors to prove that the home meets the necessary...
How an appraisal gap could detail a real estate transaction
For multiple years now, insufficient supply on the residential real estate market has made buying property a relatively competitive process. Buyers often need to come to the table with their best offers if they have any hope of the seller selecting their offer from...
Does New York require a real estate attorney when closing on a house?
Buying or selling a home in New York is a serious undertaking. When it comes to the nitty-gritty of closing a real estate deal, there should be a non-negotiable participant at the table: an attorney. It’s not just about having a savvy negotiator by your side or...
When do you need legal help to resolve a zoning issue?
Land use laws like zoning regulations help protect the public. The careful planning of local real estate development reduces the likelihood of individual property owners or entire communities suffering large financial losses due to changing characteristics in their...