Merrick, NY
Real estate Lawyer at Merrick, NY
Practice Areas: Real Estate, General Practice
An accountant would be the best professional to address the tax implications. Notwithstanding, it seems you are making reference to a 1031 "like...
Based on the facts as you have presented them, and I understand them to be, probate court is indicative of the fact that the home is being sold...
A "trustee sale" means that you own the property free and clear of encumberances/mortgages as they were extinguished via this type of legal title...
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A fully executed "backdated lease" should serve the purpose you desire; to wit, establishing a lease based tenancy for a "stated time"..as opposed...
You should ask for a copy of the Promissory Note executed at closing and have a real estate attorney review same. Based on the facts as explained...
If the POA is not a proper version of a New York State Power of Attorney, properly executed by agent and principal... notarized in the appropriate...
You will be entitled to capital gains exemptions if the home served as your primary residence for two (to five) years from the date preceding the...
The answer is yes. They can "deed" the home to you for $40,000 consideration. Depending on the state in which the property is located, there may...
As the real estate industry is a highly regulated industry, agreements such as a "listing agreements" or "binders" are in place so as to answer...
You must defer to the divorce decree and confer with your divorce attorney.... so as to ascertain to whom the house and financial responsibilities...