How can I make it legal to rent that apt. Into rooms?

The facts as presented are a bit vague. Is the home a legal two family dwelling; with a certificate of occupancy issued for a two family dwelling,...

JTWROS now married

JTWROS means that there are automatic "revisionary interest" to you and your fiance' (now wife); so that if something should befall either of you,...

How to avoid transfer tax in NYC?

Generally, mere change of identity transfers in NYS, whereby sole member LLC transfer title to the individual member as "individual" will be deemed...

To shield your personal assets and entanglements from such a purchase, an LLC, corporation, trust, or other entity can be formed/created. You...

Are there any disadvantages of not recording the deed immediately after closing?

Disadvantage: If there is a subsequent deed ...issued to another grantee (who presumably purchased for value)... recorded with the county clerk's...

Can Board send letter to unit owners with emails from Board member to highlight this issue and request a vote to dismiss him?

Pursuant to most Condominium bi-laws in NYS, the Board Members are elected at the behest of the Condominium Unit Owners; in conjunction with a...

If you co-sign for someone on a mortgage, but your name is not on the deed, is your name "officially" on the mortgage itself?

The mortgage is the security interest recorded against the premises pledged as collateral for the money the bank is lending. The person in title...

Do they have any ties to the actual home?

The person would be considered a "co-signor/co-obligor". Their credit worthiness was used so as to allow for financing to be obtained. That being...

SSI and real estate

This link will help shed light on your inquiry. Good luck.

Will IRS allow me to take my sons belongings, or even mine, when they kick us out?

Personal property can be removed the from the premises. In a foreclosure action, lenders PREFER that the home be left vacant and broom clean. ...