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I am a medical resident with a large hospital in Brooklyn. My program offers subsidized housing while working/studying. I recently moved and the housing office says my security deposit will be returned I'm 2-3 months. That doesn't seem right.
I thought NYC law required a... View More
answered on Apr 15, 2020
Your correct... The Tenant Protection Act of 2019 requires security deposits be refunded within two weeks. Unfortunately, the Courts are closed to non-essential matters. As a result, if you wanted to commence a case, you will probably not have an opportunity to do so before the security deposit... View More
I’m a seller, we are selling our home and have been in contract for a few months. We did receive a down payment. The contract is contingent on finding another home, however we have not been successful and the Corona pandemic has halted the search. We want to pull out of the deal and return the... View More
answered on Apr 15, 2020
You are certainly not alone in being a party to a real estate contract that has been impact by the COVID crisis. The options available to you depend upon the exact terms of your written contract of sale. Although I'm sure you have an attorney representing you in the transaction, it would be... View More
Need clarification about who must file for probate following a relative's death. Relative in question has multiple children and one of the children is named executor of will. However, I want to know if any beneficiaries in the will can initiate probate.
answered on Apr 14, 2020
Generally, the individual named as executor files the Petition to probate the Estate with the Surrogate's Court. If the Executor fails to act in a timely manner, a beneficiary may instead be entitled to file.
One or two bully relatives in Camuy Puerto Rico, not heirs, invaded and started to build on land that belong to disable senior heirs w/out their permissions; Three of the heirs died, one lives in NY, and the other 2 seniors own homes and lived on that land for years. Eventhough the senior heirs... View More
answered on Apr 12, 2020
Since the property is in Puerto Rico, you should post your question in an area with attorneys from that jurisdiction.
We thought the trust was done weeks before but it wasn’t. The lawyer handling it or boggling it said no title company would insure the property thus creating a big problem
answered on Apr 12, 2020
If the transfer by the Trust is not a different disposition than what the Estate would have made, you may be able to find a title company to insure the transaction provided all would be beneficiaries of the Estate consent and waive possible objections.
They are constantly slamming all doors including cabinets and so on. They also constantly yell while being in the same room as each other, to the point that it’s almost as if I’m in the same room as them. This also includes verbal fights. The most recent of which was at 12:15am. I’ve lived... View More
answered on Apr 10, 2020
As the courts are closed to all but essential business because of the COVID19 health crisis, there is probably not much hope a having this issue addressed by the courts in the near future. Practically speaking, the type of problem you are describing is difficult to address even without a health... View More
We separated two years ago, and part of our agreement was for me to move out, and she'll retain the home, as long as she can maintain the monthly payments. At the time of agreement, I didn't have the resources to do things the RIGHT way and wanted the path of least resistance to just take... View More
answered on Apr 7, 2020
Generally, a lender will have no reason to remove you from the obligations of a mortgage until the loan is fully satisfied as a result of a sale or refinance.
I am over 70 and have immune condition. I have no family in the area of closing to sign as POA. Can my real estate agent be POA (I am the buyer)
answered on Apr 6, 2020
Generally, there is no limitation on whom you can designate as your POA. Practically speaking, the seller or more frequently the lender involved in the transaction may have limitations as to what types of POA is acceptable.
I recently signed a lease with a company for an apartment. The company is not the landlord of the apartment. They basically lease the apartment from the actual owner, then lease the apartment back to individual renters like me. The whole process happened on the phone and online.
The company... View More
answered on Apr 5, 2020
Signing a contract/lease with different terms than have been previously represented is never a good idea. Generally, if a lease has not yet been executed by both parties, it is not considered a binding contract yet.
Instead of worrying about whether the concessions will actually be... View More
Theres a drug user in my building that does drugs in the staircase. My daughter and I were walking up the stairs and she was pricked by a needle on the floor we didnt see.
answered on Apr 5, 2020
Assuming you are asking about a personal injury case. Hopefully your daughter has no injuries besides the prick from the needle. In that case, most personally injury attorneys would be uninterested in the case because damages are calculated based upon the extent of an injury. Generally, damages... View More
anything?
answered on Apr 2, 2020
That depends upon whether your father left a will or died intestate (without leaving a will). If there is a will, it controls the distribution of your father's assets. If there is no will, a proceeding call an administration can be commenced in Surrogate's Court and the wife and... View More
I moved into my home 8 years ago, at that time my rent was $1495 and my security deposit was $999. My rent has been raised a few times over the years. My rent is currently $1775 and my landlord is raising it to $1940 (it will also included water and heat - new change) and also requesting that I pay... View More
answered on Apr 2, 2020
Yes, when a lease is renewed, a landlord is entitled to ask for an increase in the security deposit being held. The landlord is permitted to hold a maximum of one month's rent for security.
I am locked into a lease until August. Recently, my household income has taken a huge hit due to reduced hours worked and wages earned, and we are struggling to make ends meet. I have always made payments early and have a great history with this company. I contacted my landlord and explained the... View More
answered on Apr 2, 2020
As the COVID-19 crisis continues and because eviction proceedings are currently suspended, many landlords are becoming more flexible in renegotiating lease terms in both residential and commercial settings. It's possible that your landlord will be more open to negotiations as time goes on.
My lease states “landlord may use the security to put amounts owed by tenant, including damages.”
answered on Mar 30, 2020
Technically, most leases do not allow a tenant to apply a security deposit to the last month of rent. This makes sense because a security deposit is intended to protect a landlord for the cost of damages to the apartment. If it is used for last month's rent, a landlord would then have no... View More
It is my understanding that my father and his siblings each purchased a piece of land in PR at the same time more than 30 years ago.
My father was NOT married when he purchased the property. He then went on to marry my mom whom he divorced in 1990 before passing in June, 2018.... View More
answered on Mar 19, 2020
It would be better to post your question about how to find information about property ownership in a board for Puerto Rico where the property is locate. If you intend to file to probate/administer your father's estate, the proper place to file will depend on where your father resided at the... View More
When a mortgage and note (one document, titled NOTE AND MORTGAGE) is sold, the creditor/lender/noteholder/mortgagee changes, but the debtor/borrower/mortgagor stays the same.
If the debtor/borrower/mortgagor then sells the mortgaged property (the deed to his house), subject to the... View More
answered on Mar 19, 2020
When a lender assigns a note and mortgage, the debt remains with the borrower even if the property is sold subject to the mortgage.
I am moving into an apt 13 months in on a 2 year lease (11 months left). The goal is to be able to renew the lease at same rate with exception of regulated rent % increase. What is the best way to go about this? do I sublet then have option to renew or can I have the lease assigned to me? or does... View More
answered on Mar 19, 2020
Rent Stabilized tenants do not have the right to sublet without a landlord's prior approval. If you sublet a Rent Stabilized apartment, as a subtenant you do not obtain succession rights to that apartment. If the tenant of record elects to surrender possession to the landlord at the... View More
Prior to the new rent laws it would be possible for me to pay a year upfront for rent. Now my only option is to use a guarantor. Would it possible to make an agreement with the landlord in which I put the money into an escrow account, and the landlord receives a fixed amount every month?
answered on Mar 19, 2020
Security deposits are essentially escrow deposits that can only be used under certain conditions and are limited to one month rent by Tenant Protection Act of 2019 so unlikely your proposal would be allowed.
I'm an NYU undergraduate student who rents an apartment with 3 other classmates in the Village a couple of blocks from NYU Washington Square. Due to CV19 pandemic, NYU has recently suspended classes for the rest of the semester and closed the campus and all dorms to students. We rent our... View More
answered on Mar 19, 2020
It would be irresponsible to provide you with a definite answer to your question without reviewing your actual lease and rider(s); however, can provide you with general information about leasing in New York. Unless a lease conditions the duration of the lease term on external events, like... View More
My father recently passed away in New York we believe without a will. At least we have not been able to locate one. He left a considerable estate to which myself and my sister are the only airs. We were wondering what we need to do next he had several CDs in three local banks to which total almost... View More
answered on Mar 15, 2020
Condolences on the loss of your father. If the only assets are CDs and the accounts have named beneficiaries, you may not need to file to Administer the Estate but may instead be able to file as beneficiaries.
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