Queens Village Real Estate Lawyer, New York, page 3

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Austin I. Idehen

Real Estate, Immigration, Estate, Divorce & Family Law
Status:  In Good Standing           Licensed:  29 Years

Hal R. Ginsburg

Construction Liens, Complex Litigation, Arbitration, Collection
Status:  In Good Standing           Licensed:  41 Years

Joseph Gillette

Real Estate, Criminal, Bankruptcy
Status:  In Good Standing           Licensed:  35 Years

Joseph N. Misk

Commercial Leasing, Commercial Real Estate, Defamation & Slander, Condominiums
Status:  In Good Standing           Licensed:  33 Years

Zenith T. Taylor

Divorce & Family Law, Estate, Immigration, Real Estate
Status:  In Good Standing           Licensed:  31 Years

Samildre R. Perez

Real Estate, Wills, Estate Planning, Divorce & Family Law
Status:  In Good Standing           Licensed:  27 Years

James T. Murphy

Construction, Criminal, Corporate, Contract
Status:  In Good Standing           Licensed:  40 Years

Matthew W. Greenblatt

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

Ronald Zinner

Real Estate, Immigration, Criminal, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  30 Years

Elias C. Schwartz

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

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LEGAL TERMS

LEASE

An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an ... (more...)
An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an apartment or business property) or personal property (such as a car or a boat). A lease should cover basic issues such as when the lease will begin and end, the rent or other costs, how payments should be made, and any restrictions on the use of the property. The property owner is often called the 'lessor,' and the person using the property is called the 'lessee.'

BEQUEST

The legal term for personal property (anything but real estate) left in a will.

ANNUAL MEETING

A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider maj... (more...)
A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider major structural changes to the corporation, such as amending the articles of incorporation or merging or dissolving the corporation. Directors meet to consider or ratify important business decisions, such as borrowing money, buying real property or hiring key employees.

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)
A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.

BALLOON PAYMENT

A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit bal... (more...)
A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit balloon payments in loans for goods or services that are primarily for personal, family or household use, or require the lender to let you refinance the balloon payment before forcing collection.

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)
A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

HOUSE CLOSING

The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has b... (more...)
The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has been recorded.

FAILURE OF CONSIDERATION

The refusal or inability of a contracting party to perform its side of a bargain.

TANGIBLE PERSONAL PROPERTY

Personal property that can be felt or touched. Examples include furniture, cars, jewelry and artwork. However, cash and checking accounts are not tangible perso... (more...)
Personal property that can be felt or touched. Examples include furniture, cars, jewelry and artwork. However, cash and checking accounts are not tangible personal property. The law is unsettled as to whether computer data is tangible personal property. Compare intangible property.