Tenants and landlords might find themselves in a contentious relationship when the landlord is new to the job. Renting basement or second-floor apartments is hardly new, but many novice landlords seek passive income through gig-based apps. Their lack of experience...
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Brooklyn Legal Blog
Retaliatory evictions and tenant rights
Rental units in New York have always come at a premium price. Tenants fortunate enough to sublet in a rent-controlled unit typically just keep their heads down and pay their rent on time. Sometimes, however, Brooklyn tenants have a legitimate complaint. In cases where...
What are the pros and cons of living in a co-op?
If you're looking for a place to live in New York, you've likely heard about co-ops. If not, this term is short for cooperative housing. In this living situation, you and the other residents in a building are all equal owners. While cooperatives are great for some...
Issues you can run into with co-ops in New York
Trying to find a new place to live in New York can feel like a gamble. You’re going into a new environment, with no idea what the neighborhood is like or if you’ll fit in. For that reason, you might find yourself looking at purchasing a condo or renting into a...
Can landlords enter your home without permission?
New York has strict landlord laws to protect tenants from property owners entering their homes without permission. However, there are some situations in which a landlord could enter your home without permission. Emergencies If a pipe has burst or there is a fire,...
The “know before you owe” rule in real estate
"Know before you owe" is a rule about mortgage disclosure that anyone buying a home in New York should be aware of. Before you finally close on the mortgage, it gives you three business days to ask whatever questions you need to and look over your closing disclosure....
Can you request a mortgage modification?
Over the years, you might have trouble paying off your mortgage in New York. If you get too far behind, the lender might threaten to foreclose on your house. Fortunately, you could avoid this situation by requesting a mortgage modification. What is a mortgage...
What to know about changing the terms of a mortgage
New York property owners may have the ability to alter the terms of their existing home loans. If you are struggling to stay current on your mortgage, it may be a good idea to inquire about a modification. However, if you're simply looking for a way to take advantage...
Sharing profits among partners
When partners go into business with each other, they often bring complementary skills to the table. Sometimes, they bring unequal amounts of money into the picture. In some sectors, it's common for one partner to fund the project and one to provide the sweat equity....
NEW DISCLOSURE REQUIREMENTS REGARDING REASONABLE ACCOMMODATIONS
On April 1st an amendment to New York Executive Law Sec. 296 will require every owner or managing agent of housing accommodations in the State of New York to provide a notice to all residents of their rights to request reasonable modifications and/or accommodations...
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