How can I lend my sister-in-law some cash safely to buy her house in Nassau County, NY ALL CASH (without a mortgage)?
Richard's answer
|
Answered on June 19, 2024
The best way would be to secure the loan with a mortgage against one of the properties. A mortgage must be satisfied to transfer that property....
Residential lease term/dates discrepancy ?
Richard's answer
|
Answered on June 18, 2024
The general rule is that a discrepancy such as this would be viewed in a way that is most favorable to the party who did not draft the language. ...
My parents used my grandfather as a cosigner. He never paid any bills or taxes any father did it all? How can I get his name off
Richard's answer
|
Answered on June 10, 2024
Assuming your grandfather is alive and well getting his name off of the deed is a simple matter of preparing a new deed and NYC Acris transfer tax...
Can i start a Holco to hold my C Corp that I use for my own support for now until the HC can acquire a business?
Richard's answer
|
Answered on June 10, 2024
Yes, you certainly can have a holding company formed to own any of your assets including your existing C Corp. I suggest you consult with a...
Who is responsible for closing permit and paying fees?
Richard's answer
|
Answered on June 03, 2024
Unfortunately, you are at a loss. You are correct that this should have been addressed prior to closing. Since it wasn’t you are most likely stuck...
Who pays for a survey fee if I’m buying the house for all cash?
Richard's answer
|
Answered on June 03, 2024
Typically, the buyer pays for a new survey as it is for his/her protection, however, the parties to the contract are free to negotiate how this...
Things left behind
Richard's answer
|
Answered on May 31, 2024
If the Marshall comes to evict you and you are not there your belongings will be placed in a storage facility at your expense. You will be...
Is power of attorney public record in ny?
Richard's answer
|
Answered on May 31, 2024
A power of attorney can be recorded, however, they typically only get recorded at the county clerk's office if they are used in connection with a...
Can my neighbor claim part of my property by mowing it in New York State??
Richard's answer
|
Answered on May 10, 2024
You are referring to what is called "adverse possession" and it can result in someone claiming ownership of the land if certain conditions are met....
What is the current property law in NY State regarding one spouse being on the mortgage, while both spouses are on the deed?
Richard's answer
|
Answered on May 09, 2024
The mortgage and the title must match. In your situation, you are borrowing on the strength of your husband's income and credit alone. Therefore,...