Port Washington Real Estate Lawyer, New York, page 2

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James L. Iannone

Real Estate, Litigation, Estate Planning, Criminal
Status:  In Good Standing           

Matthew W. Greenblatt

Landlord-Tenant, Real Estate, Insurance, Transactions
Status:  In Good Standing           Licensed:  23 Years

Joseph E. Kraus

Merger & Acquisition, Real Estate, Corporate, Business
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Jerry Siegelman

Residential Real Estate, Real Estate, Litigation, Lending
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Elias C. Schwartz

Construction, Real Estate, Litigation, Corporate
Status:  In Good Standing           Licensed:  45 Years

Jay Myron Landa

Civil Rights, Family Law, Real Estate
Status:  In Good Standing           Licensed:  70 Years

Brad A. Schlossberg

Contract, Household Mold, Construction, Litigation
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Elias C. Schwartz

Commercial Real Estate, Construction, Lawsuit & Dispute, Federal Appellate Practice
Status:  In Good Standing           Licensed:  45 Years

Patrick Formato

Real Estate, Health Care, Contract, Business Organization
Status:  In Good Standing           Licensed:  31 Years

Dana T. Davidson

Real Estate, Immigration, Employee Rights, Banking & Finance
Status:  In Good Standing           Licensed:  35 Years

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LEGAL TERMS

COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSHIP

A way for married couples to hold title to property, available in Arizona, California, Nevada, Texas and Wisconsin. It allows one spouse's half-interest in comm... (more...)
A way for married couples to hold title to property, available in Arizona, California, Nevada, Texas and Wisconsin. It allows one spouse's half-interest in community property to pass to the surviving spouse without probate.

SERVIENT TENEMENT

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would ... (more...)
Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would be a servient tenement.

UNIFORM TRANSFERS TO MINORS ACT

A statute, adopted by almost all states, that provides a method for transferring property to minors and arranging for an adult to manage it until the child is o... (more...)
A statute, adopted by almost all states, that provides a method for transferring property to minors and arranging for an adult to manage it until the child is old enough to receive it. See custodian.

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

MORTGAGE

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender... (more...)
A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.

LOAN BROKER

A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and eff... (more...)
A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and effective way to find the cheapest mortgage rates.

LEGACY

An outdated legal word meaning personal property left by a will. The more common term for this type of property is bequest. Compare devise.

DIRECT EXAMINATION

At trial, the initial questioning of a party or witness by the side that called him or her to testify. The major purpose of direct examination is to explain you... (more...)
At trial, the initial questioning of a party or witness by the side that called him or her to testify. The major purpose of direct examination is to explain your version of events to the judge or jury and to undercut your adversary's version. Good direct examination seeks to prove all facts necessary to satisfy the plaintiff's legal claims or causes of action -- for example, that the defendant breached a valid contract and, as a result, the plaintiff suffered a loss.

PRIVATE MORTGAGE INSURANCE (PMI)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortga... (more...)
Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortgage plus the costs of the sale). A home buyer who makes less than a 20% down payment may have to purchase PMI.