Summer is quickly approaching, and you are looking to renovate your house. Perhaps you’ve already hired contractors to build an addition, extend your deck, renovate your bathroom or build a pool in your backyard. Depending on the type of work you have planned, your contractor may need to obtain permits. The failure to obtain proper … Read more
When is a closing date not a closing date? When it is set forth in a typical residential contract for the sale of a home. In New York, it is legally assumed that if a contract does not specify time of the essence, then it is not time of the essence. Typically, a residential contract … Read more
Due diligence is the investigation of a person or business. In the context of a commercial real estate transaction, the buyer uses the due diligence process to gather information about property to be acquired. This Note explains, from a buyer’s perspective, why due diligence is necessary, what materials to review and what to look for. … Read more
Countless issues to consider when entering into any lease and some very specific additional considerations when you are signing the lease to open a restaurant. This article doesn’t address all of those issues, but is limited to specific considerations when you intend to obtain a full, on-premises, retail liquor license (not simply a beer and … Read more