Real Estate Law News and Insights

Commercial Landlords And Tenants: Take Note Of These Changes To The Bankruptcy Code

Published: Sep 21, 2021
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With COVID-19 cases continuing to stay high and hospitals at or above capacity we may soon see the return of a full or partial lockdown.  That means that businesses will again be struggling to make ends meet and bankruptcy filings may be on the rise.  Some important changes were made...

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Building In HOA Common Area – MUCH More Costly Than Owner Thought (Because Of Association Attorney Fees)

Published: Sep 09, 2021
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The Garrett's purchased their property in the HOA in 2001. The CCR's required an owner to obtain the approval of the architectural control committee ("ACC") before doing any construction on the property. The Garrett's submitted plans to build a pool in their backyard, but the original plans were rejected by...

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N.Y. Prompt Pay Act For Construction Contractors

Published: Sep 01, 2021
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In 2002, the New York Legislature passed the Prompt Pay Act1, whose stated purpose is to promote timely payment to construction industry contractors and subcontractors.2 The Prompt Pay Act applies to "all contracts exceeding $150,000 to construct, reconstruct, alter, maintain, move or demolish any building, structure or improvement, or otherwise excavate, develop...

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