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Is the broker licensed?. In New York State, a broker must be licensed. A broker cannot collect a commission fee unless currently licensed.
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A mortgage is a debt agreement that is made between a person who wants to borrow money and a lender. The major difference between mortgages and other sorts of debts is that the borrower gives real... more
Written by attorney David Ganz.
Do You Need Title Insurance, and Why. Title insurance is normally purchased at the same time as you buy your home. It insures you, the buyer, against certain defects in the title such as that the... more
Written by attorney David Potter.
Hire an Agent. The first step when purchasing any real estate usually entails hiring a local real estate agent or broker to assist you with your search. In the case of bank owned properties, this... more
Written by Avvo Staff.
A timeshare is a right to use a vacation home, such as a condo unit for a certain period of the year. Timeshares are also sold for cruises, campgrounds, hotel rooms, houseboats and other types of... more
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Listing a Property - List the property with a local real estate agent.. Typically, the first thing a seller of property does is locate and retain a realtor to “list” the property for sale with the... more
Written by Avvo Staff.
Whether new construction or previously owned, many homes have defects, and potential buyers have the legal right to know about them. A lot of defects are minor cosmetic issues that are easy to fix,... more
Written by attorney James Huber.
Toxic Mold. Toxic Mold What is Toxic Mold? Stachybotrys chartarum, or "black mold," is the fungus associated with "toxic mold syndrome." It grows in damp places on materials that contain cellulose... more
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Choose a qualified expert early in the process, with the involvement of your legal counsel. If you think you have a construction defect or property damage at your home, condominium, or commercial... more
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