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Real Estate Archives

What types of issues does a home seller need to disclose?

Home sellers are required by law to disclose information regarding the condition of the property and other issues that could negatively impact its value. This is typically done via a disclosure document. If a seller intentionally fails to fully and truthfully complete this document, they can face both criminal and civil penalties.

How to avoid a housing discrimination suit

Anyone involved in any phase of a residential real estate transaction – especially any professional – should be familiar with the Fair Housing Act. This is the federal law that prohibits discrimination against potential buyers on the basis of race, religion, sex, national origin, disability or other legally protected class. In New York, age is also a protected class.

Be careful before listing your NYC home on a vacation rental site

If you're going to be out of town for a time on business or vacation or staying with family and are considering listing your home on Airbnb or another vacation rental site, make sure you know the law. New York City has strict regulations involving the rental of homes on these sites, and the fines for violating them can be hefty. You could even be subject to eviction.

Can you inherit a loved one's rent-stabilized apartment?

Your widowed grandmother has a rent-stabilized apartment in one of the most coveted neighborhoods in Brooklyn. She's talking about moving in to an assisted living facility within the next few years. You'd give anything to get her apartment when she leaves. How can you make that happen? It's not as easy as them leaving it to you in a will, like they could with a house.

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Phone: 347-462-0510
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