Buying real estate in New York City. Kiritsis Law Group 212 922 0005

Apr 15, 2021

Buying real estate in New York City can be a life altering experience that is bound to be mired with potential legal pitfalls. Unlike the ownership and operation of other asset types, the potential legal minefields with regards to real estate assets are substantial and frequent.

Some frequently asked questions with regards to this topic, include:

How would a prospective buyer plan to finance such a transaction?

Is the underlying property subject to a mortgage?

Are there any title issues with regards to the property?

Is property subject to any zoning restrictions?

Would a Limited Liability Company (LLC) be utilized with regards to transferring the property at issue?

Are there any peripheral legal issues surrounding the overall real estate deal (i.e. immigration, tax, anti-money laundering compliance, bankruptcy, foreclosure, divorce, eminent domain, re-development)?

Although, you are generally not required to retain any attorney to complete the purchase of real estate property in New York City, it still may be a good idea with regards to protecting your legal rights.

Sources:

New York Real Property Law

HSTPA 2019

New York Landlord/Tenant Law

Internal Revenue Code

New York State Property Tax Regulations

NYS and NYC Executive Type Orders and Pronouncements

New York Martin Act

Whether buying, selling or leasing real estate in New York City -- our firm may be able to help you with your legal needs. Feel free to call us for a free consultation at 212 922 0005.

Law Offices of Kiritsis & Associates

Phone # 212 922 0005

Manhattan Office (Main Office):

633 Third Avenue

New York, NY 10017

Suite 1306

Brooklyn Office (By Appointment Only):

1023 74th Street

Brooklyn, NY 11228

1st Floor

New Jersey Office:

7309 Ventnor Avenue

Ventnor, NJ 08406

2nd Floor

ATTORNEY ADVERTISING. PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME.

We hope you would find this website useful with regards to finding potentially relevant information for your legal issue. The Law Offices of Kiritsis & Associates PLLC is a boutique law firm headquartered in Midtown Manhattan, with offices in Manhattan, Brooklyn (NY) and New Jersey. We strive to provide professional legal services for individuals and various business entities. Our clientele ranges from including aspiring entrepreneurs, start ups to established business organizations.

We offer flat fee prices for many of the practice areas provided listed throughout our website. For more information on the topic you may be interested, or simply to find out how our law firm can help, you may click at any of our site's links.

We are available for existing and potentially new clients 7 days a week -- via online, phone and/or in person.

Phone# 212-922-0005

Intellectual Property Disclaimer(s):

Copyright 2021

The materials available through this website and any other websites owned by John Kiritsis (individually and collectively, the "Website") are the property of John Kiritsis and his entities, and are protected by copyright, trademark and other intellectual property laws. You may not use, reproduce, download, store, post, broadcast, transmit, modify, sell or make available to the public content from the Website without the prior written approval of John Kiritsis. Be aware that any unauthorized use of John Kiritsis trademarks and copyrighted content for commercial purposes in violation of John Kiritsis's intellectual property rights will be vigorously enforced. All other trademarks, service marks and trade names referenced in this site are the property of John Kiritsis.