by Robert J. Smith | Jan 3, 2017 | Articles
You are looking to purchase an apartment and you see that the apartment number is something like “Unit 8AB”. Or, you learn through other means that the apartment was previously two apartments that had been combined into one. Your antennae should definitely go up, and...
by Robert J. Smith | May 5, 2016 | Articles
Great to see the revised standard form condominium Contract, along with the explanatory notes, which I worked on for over 3 years as part of the NY City Bar Coop and Condo Law Committee, published in the Spring 2016 N.Y. Real Property Law Journal. The Contract is more...
by Robert J. Smith | Jul 15, 2014 | Articles
Sellers of coop and condo apartment units rarely if ever will provide a purchaser a contingency based on an inspection being conducted after the contract is signed. Most purchasers do not even consider whether to conduct an inspection before the contract is signed....
by Robert J. Smith | Aug 4, 2013 | Articles
When presented with a lease for a commercial space, a landlord will frequently try to box a tenant into an unworkable situation in the case of Landlord’s subsequent sale or transfer of the property. Landlords do this by including clauses absolving both Landlord...
by Robert J. Smith | Jun 28, 2013 | Articles
So, you are going to buy a home, either a house, a coop or a condo. You speak with a lender or a mortgage broker who tells you that you are “pre-approved” or “pre-qualified” for a loan up to $1,000,000. Sounds great, but this can provide you...
