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...
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Brooklyn Legal Blog
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...
Landlords Accused of Housing Bias in Federal Lawsuit
A caller was a woman looking to move with her boyfriend into a studio apartment on the Upper East Side of Manhattan, advertised for $1,751 a month. The man who answered, the real estate broker on the listing, said he would be happy to show them the place. The woman,...
Are you dealing with a bad landlord?
If you get stuck with a bad landlord in New York, you'll probably want to move out as soon as possible. Unfortunately, some landlords take it upon themselves to make you as miserable as possible before that happens. When you know your rights, you could point out that...
Enforcing a lien on a home
Liens make it possible to hold someone's property until they pay a debt on it. Liens are sometimes placed on residences in Brooklyn, New York. Sometimes, the government is the lienholder. This is the case with a tax lien. In that situation, a lien is placed on a home...
Every tenant has rights
Renting a home has some significant advantages. As a renter, you don't have to commit to one location for a long period of time. You also don't have to make repairs or replace appliances when they break down. There are drawbacks to renting a home in New York, though....
Bill would legalize “granny flats” in New York
During his State of the City address last year, Mayor Bill de Blasio pitched legalizing basement apartments citywide. That proposal hasn’t progressed much, but state officials are now taking steps to push that vision forward. A recently introduced bill would require...
These startups want to guarantee your rent
Companies like Flex, Till and NestEgg have raised cash to put renters on flexible payment plans. Flex and NestEgg have gone as far as fronting monthly payments to landlords. And San Francisco-based rental marketplace Zumper followed suit this summer when it rolled out...
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