Looking for a new house in New York can be as exciting as it is stressful. In a seller’s market, however, there may be multiple offers on the same house. If you’ve got your eye on a home that has a lot of competition, you should know how to give an offer that might...
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Brooklyn Legal Blog
Negotiating a partnership agreement
Many New York entrepreneurs often have an opportunity to grow their business by forming a partnership with another individual or multiple individuals in certain cases. All business managers are interested in company growth to some level, and partnerships serve as an...
Understanding what anticipatory repudiation is and how it works
Not all business contractions in New York are fully executed. Some contracts can dissolve legally under a doctrine called anticipatory repudiation. Any person or company not able to fully execute a contract may have to mitigate damages depending on the situation....
Three common issues to watch out for when closing on a new home
New York remains one of the most popular places in the United States. If you can find available property in this state, it's understandable to feel excited. During the closing process, the last thing you want to deal with is bad news. To help you out, here's a closer...
How does the IRS treat an LLC?
There are many different taxing options for people who run businesses. One such example is an LLC, which is short for Limited Liability Corporation. This common organizational structure is used by many small businesses. However, having an LLC can impact your overall...
What rights do tenants have?
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...
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,...
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