Skip to main content
Vincent J. Gallo

Vincent Gallo’s Answers

839 total


  • Can u cancel for a full refund within 3 days

    I signed a contract to purchase a lot of land but decided not to go through with it Don't I have 3 business days to cancel for a full refund??

    Vincent’s Answer

    What does your contract provide as to your right to cancel?

    See question 
  • Getting a mortgage with partner in tenant in common. I want to make sure I get my share of the proceeds of the mortgage.

    I am getting a loan on apartment building am worried about splitting the amount of money with the other partner. I want to make sure that we split proceeds by percentage of ownership. Can I send something to lender to make sure I get my portion o...

    Vincent’s Answer

    With trepidations such as these, why on Earth would you even consider digging yourself deeper into a financial relationship with someone who you distrust so vehemently? You should consider heading in the other direction towards dissolving your relationship with this person.

    See question 
  • How do I go about getting my name off of the mortgage so I can move on, when he is unwilling to cooperate?

    My friend and I purchased a house a little overa year ago. He had the down payment, and I had the credit needed. The mortgage is in both names. He insisted on putting utilities and other bills in his name, because we agreed that I would move out ...

    Vincent’s Answer

    There isn't much you can do about forcing yourself off of a mortgage that you voluntarily executed. Your only option would be an "action in partition" whereby you ask the court to force a sale of the real estate which, upon sale, the mortgage gets paid in full and neither of you have any further responsibility for the mortgage since it is now satisfied. If he doesn't really wants sell the real estate he may one to his senses and work with you by agreeing to plantation refinance, pay you what you are rightfully owed, while taking you completely off the mortgage.

    See question 
  • Can he just take back our house legally?

    Are step dad signed our house over in a quick deed to us. He's changing his mind and wants the house back in his name.

    Vincent’s Answer

    If he properly executed the deed and had given it to you, it's too late for him to get it back without your permission.

    See question 
  • That friend died, how do I get his name off the deed?

    I placed a friend's name on a quit claim deed to my house.

    Vincent’s Answer

    You have ceded your interest in the property by conveying title to your friend. If his or her fiduciary sees fit to do so, under the caution of being handcuffed by the court from doing so, he or she may possibly cooperate in conveying title back to you, but that may be a long shot. Also, you would take subject to any mortgages, judgments and/or liens against your friend.

    See question 
  • Can my parents help me pay a portion of my mortgage?

    I own a house and have a mortgage on it. My name is on both the house and the mortgage. My parents are retired and would like to use their retirement savings to help me pay a portion of my remaining mortgage. They would like to pay directly to ...

    Vincent’s Answer

    It certainly has the appearance of a gift.

    See question 
  • Can a person sell property that has severe dementia.

    Can a person sell property that has sever dementia.

    Vincent’s Answer

    If that person does not possess his or her basic mental faculties then that person is unable to legally convey title to real estate and the only option is to have a fiduciary appointed by a court of competent jurisdiction to act in the place and stead of that individual to make legal decisions on behalf of that "disabled" person, and such decisions must be in the best interests of that person.

    See question 
  • How do I get the main copy of my deed

    A lawyer is holding my original deed since I did not probate my husbands will. I have my own will that will be the primary when I die. Can he do this......Hold my deed?

    Vincent’s Answer

    If he is holding your original deed and the deed he is holding has been recorded, then go to the County Clerk and get a certified copy of that deed and now you have the equivalent of the original deed so there is nothing then for you to continue to fight for as to the deed issue.

    And if your husband's will requires probating take his original will to another probate attorney who is interested in probating it if she or he determines there to be a need to probate his will.

    See question 
  • 3 people jointly own real estate in NY. Two want to sell but the third does not. Can the two jointly file for partition by sale?

    The two wanting to sell together own 75%.

    Vincent’s Answer

    Yes they most certainly can initiate a partition action.

    See question 
  • If my husband got the loan but I am contributing by paying the down payment, how can I be recognized as a co-owner?

    My husband just got approved for a loan for the purchase of our first home. Since he is the breadwinner and I am a full-time student with no income, I was not considered in the loan application nor am I on the loan approval. So I am wondering how...

    Vincent’s Answer

    Advise your husband and the lender that you want to be added to the deed as a co-owner at the closing as a condition of your agreeing to providing towards the closing. The seller, the seller's attorney, your husband's title agency and your husband's attorney should be made fully aware of your demand as well.

    See question