Businesses often lease property or equipment as they expand. This arrangement allows them to grow without cutting deeply into their profits. The company's goals will determine whether a finance or operating lease is the best option. Obtaining assets through an...
Landlord/Tenant
Landlord’s rights and obligations
Not everyone has the skills to succeed as a landlord. It takes tactfulness, responsiveness and focus. Once you find a good tenant, you don't want to lose them. So, treat them right, and they'll stay. Here are some tips to help you succeed as a property manager in New...
Landlord and tenant rights regarding eviction and unlawful detainer
New York is a state that's full of amazing rental properties. With that said, the relationship between a tenant and landlord isn't always guaranteed to go well. If a tenant and landlord can't see eye-to-eye, the latter might try to evict the former. Here's more...
Don’t make these mistakes as a landlord
Becoming the owner of a rental property in New York can be the culmination of a life-long dream. You should be aware that taking this step will also bring with it a great many new responsibilities, however. It will be up to you to make sure that everything you do as a...
What to know about absentee landlords
Owning a rental property may be an ideal way for an individual to diversify his or her portfolio. In some cases, landlords will choose to live in their New York homes alongside their tenants. However, some choose to rent an entire property to tenants while living...
What is a New York landlord not allowed to do
The relationship between a renter and a landlord is a difficult one for both parties to live within. A raft of new laws in New York have defined the relationship and interests of both parties. Despite owning a property, your landlord must abide by some basic rules....
What are mandatory disclosures for rental units?
If you own a rental unit in New York, it’s important for you to understand what mandatory disclosures are. In this context they are disclosures about the condition of an apartment that tenants sign off on before they move in. Lead disclosure All landlords in the U.S....
3 facts about landlord/tenant laws in New York
Because renting in New York can be so competitive, some tenants feel like their landlord is “the boss.” However, it’s important to remember that you have rights as a tenant, and your landlord cannot just do whatever they want. Here are three important facts about...
What is an eviction and what are some reasons behind it?
Brooklyn, New York residents who live in rentals want to have a good relationship with their landlords. However, certain situations can lead to an eviction. It’s important to know why this might happen. What is an eviction? A landlord might try to evict a tenant if...
The landlord’s rights after a tenant’s death
Disputes between landlords and tenants don't always end with a tenant's death. The landlord has to claim part of the deceased tenant's property, contact the estate's executor, and complete other tasks. It starts by understanding the complex law in New York that...