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Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under legislation that passed Wednesday after overcoming fierce backlash from ...
A good guy clause, typically found in rental agreements in New York City, is a provision that allows a tenant to be released from the liability of completing the agreed upon rental period, assuming the tenant vacates the rented space and leaves it in favorable condition.
The Home Equity Theft Prevention Act (HETPA, NY RPL §265-a) is a New York State law passed on July 26, 2006, to provide homeowners of residential property with information and disclosures in order to make informed decisions when approached by persons seeking a sale or transfer of the homeowner's property, particularly when homeowners are in default on their mortgage payments or the property ...
But they were quickly reinstated following a lawsuit led by the Real Estate Board of New York. Brokerage firms estimate that roughly half of the city’s apartments require a tenant-paid broker fee.
Alice Mason (October 26, 1923 – January 4, 2024) was an American real estate broker, socialite, and political fundraiser.According to the New York Times she became one of the most powerful real estate brokers in Manhattan and was known as "the person you called if you couldn’t get past the [] board."
Voluntary property liens vs. involuntary property liens Voluntary property liens: These are created through a mortgage agreement, in which you allow the lender to use the property as collateral in ...
Steven Croman is a real estate owner in New York City. In 1990, Croman incorporated the management and brokerage firm Croman Real Estate (later rebranded to 9300 Realty) and quickly grew his business, owning 20 buildings by the end of the decade and 150 buildings by 2016, mostly in Manhattan's East Village.
The Trump family business released a voluntary ethics agreement Friday that marks a significant departure from Donald Trump's first term by allowing it to strike deals with private foreign companies.
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