By, Robyn Latman, Esq. Do you cringe when you hear that a tenant’s lease has expired, and the Landlord isn’t doing anything about it? What’s the deal with those expired leases anyway? In New Jersey, a tenant can remain as a month to month tenant from the date that her written lease expired until the date… Read more »
My Tenant Wants Repairs, But He Hasn’t Paid His Rent
By Robyn Latman, Esq. Your tenant owes you rent for several months, so why does he expect you to make repairs? While most Landlords prefer to maintain their investments in a state of repair, it may be the case with some Landlords that they prefer to first make repairs for the tenants who pay the… Read more »
Short-sale Auctions
The Short Sale Process in NJ Has Changed Over the past several years the short-sale process has changed; sometimes for the better and sometimes for the worse. These changes generally (i) involved the short-sale seller, short-sale lienholder, and the short-sale contractual purchaser and (ii) pertained to documents that needed to be provided by the short-sale… Read more »
Failure to Extend the Mortgage Forgiveness Debt Relief Act and its effect on Short-Sales
As written before on this blog, one of the prime benefits of a person selling his/her home via short-sale, as opposed to letting his/her home be sold via sheriff’s sale, is that more often than not the outstanding balance owed to the primary mortgage holder after the short-sale has taken place would be forgiven. Of… Read more »
What You Need To Know About Landlord Tenant Credit Before You Rent Your Next Apartment
By Robyn Latman, Esq. What the heck is Landlord Tenant credit, and how do I find out what my prospective tenant’s landlord tenant credit is? Read on to learn what you need to know about landlord tenant credit before you rent your next apartment to the wrong tenant. Before you do many of life’s… Read more »
Landlord seeking Lawyer
By Robyn Latman, Esq. Are you a Landlord? You need a lawyer. Not just any lawyer. You need a lawyer who gets you, who gets what you need, and who knows how to get that for you. Let me explain. Last week, I attended a meeting for Real Estate Investors. This was my first… Read more »
Underground Storage (Fuel) Tanks
One of the biggest concerns purchasers of real estate in New Jersey have (from both a residential and commercial perspective) are environmental issues. Part of this stems from health concerns, and part of it stems from remediation costs concerns. While the potential environmental issues that can occur are vast, for purposes of this blog we… Read more »
Durable Power of Attorney
A durable power of attorney is a legal document that you should set up long before you ever need it. In it you empower an individual to act on your behalf during your lifetime. The trusted individual is known as your agent. The powers given to your agent become void upon your death. Whatever powers… Read more »
HOW OWNING A PROPERTY CAN IMPACT YOUR ABILITY TO GET A LOAN TO PURCHASE ANOTHER PROPERTY
One of the things that I’ve learned from the media, periodicals, and people I have spoken to is the key to a successful financial future is diversification. Diversification, however, does not only mean diversifying within the stock market itself, or having stocks, bonds, and mutual funds in your portfolio. It also can mean owning real… Read more »
Relationship between Business Law & Immigration Law
The legal profession and the areas of the law that we practice often can become intertwined. Examples that come to mind are matrimonial law and real estate, taxation and estate planning, etc. However, there are other areas of the law that are connected that may not be so obvious – and often ignored to a… Read more »
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