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Category Archives: Real Estate

REContract

Title Issues That Can Derail New York Real Estate Closings

By Cavallo & Cavallo |

Buying a new home or business property can be something that you have long dreamed of. After all, it is one of the most important steps we can take. Sometimes, however, that dream turns into a nightmare due to unexpected problems with the property’s title. The buyer – and the seller as well –… Read More »

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CommLease

What To Know About Commercial Leases In New York

By Cavallo & Cavallo |

If you are a New York business owner considering a lease for commercial space, there are several important considerations to know about if you have not leased commercial property before. Commercial leases in New York are subject to rules and conditions much different from those in landlord-tenant contracts for residential properties. Because commercial tenants… Read More »

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HouseShopping

5 Common Contingencies In A Home Purchase Deal

By Cavallo & Cavallo |

A contingency clause in a real estate contract sets a condition that must be met before the purchase contract becomes binding. Contingency clauses are widely used ways to protect both buyers and sellers in a real estate transaction. Importantly, these conditions allow parties to back out of their contracts under agreed-on circumstances that are… Read More »

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NursingHome2

Smart Strategies To Protect Real Estate From Nursing Home Costs

By Cavallo & Cavallo |

If a person owns or has recently purchased real estate, they might also wonder how best to protect that property when the nursing home costs arise in the future. This is due to the common misconception that property owners must necessarily sell off their homes when they need to enter an assisted living facility… Read More »

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MovingOut

Fixtures Vs. Personal Property In Real Estate Sales – What Is The Difference And How Can They Affect Your Closing?

By Cavallo & Cavallo |

Say that you’ve found the home of your dreams – complete with state-of-the-art appliances, an antique stained glass window in the doorway, and mahogany bookshelves on the walls of the study. You assume without double-checking that these items are part of the real estate sale as well. However, you get to closing day only… Read More »

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RElaw

How Can An Attorney Help In A New York Real Estate Sale?

By Cavallo & Cavallo |

When it comes to selling or buying a home in New York, most people take it as a given that they will need a real estate agent to market and negotiate offers. Not everybody understands the importance of having a New York real estate attorney at their side during this process as well. While… Read More »

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RE1

What To Know About Zoning Ordinance Laws In New York

By Cavallo & Cavallo |

Zoning refers to local laws that determine how land is to be used and divided. The goal of zoning laws is to create an orderly system of development within neighborhoods and across the city as a whole. When buying or selling property (or vacant land) it is critical to know what that location is… Read More »

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Title

5 Common Mistakes That Home Buyers Make

By Cavallo & Cavallo |

Searching for and purchasing a home can be an exciting process, whether it is your first home or another purchase. It can also be an overwhelming and nerve-wracking experience for those unfamiliar with the various steps and terminology used when going through a real estate transaction. No matter how experienced you are, however, it… Read More »

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ProtectHome

Protecting New York Real Estate From Creditors And Financial Risk

By Cavallo & Cavallo |

A homebuyer may be tempted to think that once the closing is complete and a title and deed are in hand, nothing can happen to their newly acquired property. In some ways, however, risk only begins once the property has been transferred. Without certain protections in place, a property is open to attack from… Read More »

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RE3

When And When Not To Put Real Property In Your Children’s Names

By Cavallo & Cavallo |

A common myth is that when we get older, we should transfer title of our home and other real property to our children. The stated goals of this transfer are to obtain eligibility for Medicaid, avoid estate taxes, and simplify the eventual transfer by avoiding probate. In reality, these goals can usually be met… Read More »

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