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Weinstein, Chase, Messinger & Peters, P.C.

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Brooklyn, NY 11242

Phone: (718) 858-3100

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New York Cooperative Apartment Lawyer News
 

The STAR Program In New York ...
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In counties where the median home value is higher than the statewide median home value, the Basic an...
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New York Bill Regarding Cooperative Apartments...
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Many cooperative apartment corporations have experienced serious financial problems when sponsors wh...
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  Real Estate Terms


FAIR MARKET VALUE
-The hypothetical price that a willing buyer and seller will agree upon when they are acting freely, carefully, and with complete knowledge of the situation.

PMI
-Private Mortgage Insurance; privately-owned companies that offer standard and special affordable mortgage insurance programs for qualified borrowers with down payments of less than 20% of a purchase price.

Real Estate Investment Trust REIT
- Mortgage REITs deal in investment and ownership of property mortgages. These REITs loan money for mortgages to owners of real estate, or invest in (purchase) existing mortgages or mortgage backed securities. Their revenues are generated primarily by the interest that they earn on the mortgage loans.




A New York Cooperative Apartment Lawyer is here to assist you with real estate contracts and any of the topics below

New York Coop Apartment Lawyers TOPICS

  • Co-op Apartments
  • Sublease
  • Real Esate Code
  • Sublease Agreement
  • Cooperative Insurance


DID YOU KNOW?

ALTERNATE DISPUTE RESOLUTION (ADR)

This is a range of dissimilar forum as well as procedure which could be used to resolve a dispute.

For example arbitration, collaborative problem-solving/consensus-building, negotiation, facilitation, mediation and conciliation.

Acceleration clause is a real estate contract option

A provision in a mortgage, trust deed, promissory note or contract for deed that the occurrence of a specified event, gives the lender the right to call all sums due and payable in advance of the fixed payment date.

 


New York Cooperative Apartment Lawyer handle legal cases related to real estate laws for the New York City and surrounding areas including:

  • Manhattan
  • Brooklyn
  • Queens
  • Bronx
  • Staten Island
  • NY Metro Areas
  • Long Island
  • New York

 


 

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