Archived
I lost my cell phone and some one made international calls. I advised my cell phone company but they say I still have to pay.
Richard's answer
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Answered on November 19, 2014
Did you notify your carrier that you lost your cell phone in a timely manner? If you did not notify them that the phone had been lost and request...
Archived
Is this harassment?
Richard's answer
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Answered on November 18, 2014
Without reading the actual e mails it is not possible to answer this question. It probably does not constitute harassment but depending on what is...
Archived
Can an individual lend another individual money to pay off mortgage?
Richard's answer
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Answered on November 18, 2014
Of course this can be done. Anyone can lend money to anyone else for any purpose as long as the interest rates do not exceed statutory amounts. ...
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Archived
Is a verbal agreement over a real state sale commission of 35,000 enforceable
Richard's answer
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Answered on November 18, 2014
As a rule under the statute of frauds any contract over $500 is supposed to be in writing. In this case being a contract involving real property...
Archived
Mechanics Lien in NY: What do I need to know when I file it so it doesn't get bounced? Will I be able to have a "priority" lien?
Richard's answer
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Answered on November 18, 2014
Your mechanic's lien would be treated like any other lien on the property, assuming it is validly filed and you are a licensed contractor. In a...
How many mortgages per year can one private lender issue to clients on commercial and NOO Real Estate w/out a license?
Richard's answer
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Answered on November 18, 2014
I believe in NYS the limit 4 loans per year for individuals to give mortgage loans without a license. Each state has its own laws with regard to...
Archived
Should I get a written contract?
Richard's answer
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Answered on November 14, 2014
It seems a little late now but, yes, this agreement should have been in writing. Now you have a tenant on your hands with no written agreement and...
Archived
I have an S-Corp with my partner where we each own 50% of the shares. We just bought insurance and want to know if this is legal
Richard's answer
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Answered on November 14, 2014
You need a shareholders agreement drawn up which says that the corporation or the remaining shareholder gets to buy the shares from the surviving...
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Archived
Does "prorations" include water bills? NY standard definition
Richard's answer
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Answered on November 14, 2014
Your attorney should have made an ajustment for the open water bill at the closing. You should start with him. You may have already received the...
Archived
Is there a tax step-up basis for son acquiring real property as sole beneficiary?
Richard's answer
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Answered on November 14, 2014
You get it at a stepped up basis - value at date of death. to play it safe and strictly by the rules you should have an executors deed or an...