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Corporate Compliance UPDATE—(January 10, 2024).
LLCs have been a favored entity for real estate for many years in New York.  Times are changing.  For those of you who own a beneficial interest in a New York Limited Liability Company, you need to contact your attorney.  Effective January 1, 2024, LLCs must comply with New York’s

(Nyack, New York)  I wanted to follow up on my prior blog post about “tenants by the entirety.”  As I pointed out in that post,
It is interesting to consider what other “ramifications” owning property as tenants by the entirety might have.   Given the “undivided” nature of the ownership relationship, a question about whether a

With the rise of the so-called “sharing economy,” more homeowners have been looking to rent out their properties in the short term on websites such as Airbnb to earn extra cash.  However, as short term rentals have increased in popularity, municipalities across the United States have begun considering legislation and instituting stringent regulations or outright

Most homebuyers and sellers are accustomed to the usual model of agency: the seller and buyer each have a real estate “agent” representing them during the showing, negotiation and final closing of a real estate transaction.   Typically, the realtor is an “agent” who works on behalf of a buyer or seller with “fiduciary” responsibility to