Category Archives: real estate law

What a Buyer of Residential Real Estate in New York City Needs to Know About the Process! (Andrew Luftig, CPL LLP)

With little to no Spring real estate selling season in New York City due to coronavirus, many experts believe that the Phase 2 economy, coming soon, will open the floodgates to an insatiable demand from homebuyers and investors! But at the same time the potential for a repricing of NYC real estate, due to a […]

Information For NON-Real Estate Focused Attorney’s In New York…

lawyer photo

  … Who have been asked to represent the buyer in a real estate transaction! Imagine that you’re an attorney in New York with a focus and concentration on matters that have NOTHING to do with transactional residential or commercial real estate! Whether it’s trust & estates, matrimonial, bankruptcy or one of the other specialties […]

Condominium Lenders Standing: Mortgage Liens Versus Condo Board Liens!

The Dakota Building, NYC

This article, by way of the New York Law Journal, examines the section of real estate law covering condo mortgage loans and the standing of a lenders lien vis-a’-vis certain condo board liens in the event a borrower ceases to pay! ‘Condominium Loans and Lien Priority‘ by Jeffrey B. Steiner and Jason R. Goldstein Counsel to real estate […]

Title insurance and protecting yourself in a foreclosure purchase

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An example of a denied title policy due to the foreclosure crisis

Foreclosures, REO’s (real estate owned) and auctions on the courthouse steps have one thing in common: A critical need for the buyer to make sure that they can get clear title, owner’s title insurance (owner’s policy) and, in the case of an auction on the courthouse steps, to ascertain beyond a reasonable doubt that the […]