Many New York residents purchase condominiums because they provide an affordable path to home ownership. People who buy condominiums own the units they live in and pay a monthly homeowners association fee to cover the costs of maintaining and improving common areas...
It's no secret that New York has some of the most expensive apartments, condos and properties in the United States. So, many money-savvy adults want to split costly monthly rent expenses by taking on a roommate or two. Unfortunately, while roommates can split renters'...
The residential real estate market in New York City is showing signs of recovery. Home contract signings in Manhattan and Brooklyn rose sharply in February, but they remain far below 2022 levels. Residential sales in the city plummeted in 2022 due to soaring...
New York has some of the most expensive properties in the United States. So, it’s no surprise when real estate ownership disputes turn nasty. A quiet title action is often the best solution for solving property disputes that involve several parties. Quiet title...
Everyone deserves an equal opportunity to live in New York, whether buying or renting. Equal housing opportunity laws, also called EHO laws, apply to people like landlords, mortgage lenders and real estate companies. Why are equal housing opportunity laws so...
The process of buying a new home in New York may involve several challenges in order to find the one that best suits your needs. Once buyers reach the closing step of home buying, they often experience confusion about their rights and responsibilities. If you are...
Investment real estate involves purchasing property with the intent of earning a profit. New York real estate investors do this in multiple ways, such as becoming a landlord and earning income from rental payments. Alternatively, an investor may renovate a property...
New York law generally requires sellers to make certain disclosures about their properties before transferring ownership to other parties. Failure to make required disclosures may make sellers vulnerable to civil penalties or an order to reverse a transaction. Buyers...
People living in densely populated cities like those found in New York are often affected by private nuisance laws in one way or another. Courts have established that a private nuisance is defined as creating or maintaining a condition on one property that results in...
If you inherited property in New York, you don't always have to maintain ownership of this building. Some people prefer to sell inherited properties and pocket any profit. With that in mind, check out these tips to help you sell an inherited home. Getting on the same...