A Nutshell Guide to a Deed in Lieu of Foreclosure
Jul 26, 2011
A deed in lieu of foreclosure is an alternative to foreclosure, where the property owner (i.e., borrower) voluntarily transfers fee title to his property in exchange for the lender canceling the outsta...
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Rejections of Potential Buyers by Co-Op Boards in New York
Jul 07, 2011
I am often asked by co-op landlords as to whether co-op boards can reject their potential buyers and yet provide no reasons for the rejection. The answer is "Yes." Co-op boards in New York need not giv...
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