Mill Neck Real Estate Lawyer, New York

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Alexander Paykin
About | Practice Areas
The Law Office of Alexander Paykin, P.C.
350 5Th Ave Fl 59 New York, NY 10118Â» view map
Real Estate
Reliable. Dependable. Accessible.

Whether you are buying, selling, renting, or refinancing your house, our experienced legal team will strongly advocate for you at each and every step of the process.

800-747-9261
1. Alexander Paykin New York, NY
  Attorney at Law - NY, 2010
  Yeshiva University J.D. 2006
2. AboutThe Law Office of Alexander Paykin, P.C.
  We are reliable and accessible
3. Practice AreasSpecializations
  Real Estate
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Edward A. Andrews

Commercial Real Estate, Estate Planning, Family Law, Divorce & Family Law

Status: Licensed: 27 Years

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45 Dosoris Way, Glen Cove, NY 11542

Dana T. Davidson

Real Estate, Immigration, Employee Rights, Banking & Finance

Status: Licensed: 36 Years

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15 Glen St, Glen Cove, NY 11542

Bruce A. Cook

Accident & Injury, Estate, Real Estate

Status: Licensed: 49 Years

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3 Murray St, Bayville, NY 11709

Charles G McQuair

Criminal, Divorce, Estate Planning, Real Estate, DUI-DWI

Status: Licensed: 67 Years

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6 Forest Avenue, Glen Cove, NY 11542

Colton P. Wagner

Wills, Trusts, Gift Taxation, Commercial Real Estate

Status: Licensed: 76 Years

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147 Forest Ave, Locust Valley, NY 11560

Craig Charles De Meo

Motor Vehicle, Personal Injury, Reinsurance, Premises Liability

Status: Licensed: 24 Years

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4 Lilac Dr, Syosset, NY 11791

Peter G. Zavatsky

Commercial Real Estate, Foreclosure, Credit & Debt, Bankruptcy

Status: Licensed: 48 Years

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Syosset, NY 11791

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LEGAL TERMS

DEMURRER

A request made to a court, asking it to dismiss a lawsuit on the grounds that no legal claim is asserted. For example, you might file a demurrer if your neighbo... (more...)

A request made to a court, asking it to dismiss a lawsuit on the grounds that no legal claim is asserted. For example, you might file a demurrer if your neighbor sued you for parking on the street in front of her house. Your parking habits may annoy your neighbor, but the curb is public property and parking there doesn't cause any harm recognized by the law. After a demurrer is filed, the judge holds a hearing at which both sides can make their arguments about the matter. The judge may dismiss all or part of the lawsuit, or may allow the party who filed the lawsuit to amend its complaint. In some states and in federal court, the term demurrer has been replaced by 'motion to dismiss for failure to state a claim' (called a '12(b)(6) motion' in federal court) or similar term.

FAILURE OF CONSIDERATION

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

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

INURE

To take effect, or to benefit someone. In property law, the term means 'to vest.' For example, Jim buys a beach house that includes the right to travel across t... (more...)

To take effect, or to benefit someone. In property law, the term means 'to vest.' For example, Jim buys a beach house that includes the right to travel across the neighbor's property to get to the water. That right of way is said, cryptically, 'to inure to the benefit of Jim.'

ASSIGNMENT

A transfer of property rights from one person to another, called the assignee.

CONSIDERATION

The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one for... (more...)

The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one form of consideration for another. Consideration may be a promise to perform a certain act -- for example, a promise to fix a leaky roof -- or a promise not to do something, such as build a second story on a house that will block the neighbor's view. Whatever its particulars, consideration must be something of value to the people who are making the contract.

ACT OF GOD

An extraordinary and unexpected natural event, such as a hurricane, tornado, earthquake or even the sudden death of a person. An act of God may be a defense aga... (more...)

An extraordinary and unexpected natural event, such as a hurricane, tornado, earthquake or even the sudden death of a person. An act of God may be a defense against liability for injuries or damages. Under the law of contracts, an act of God often serves as a valid excuse if one of the parties to the contract is unable to fulfill his or her duties -- for instance, completing a construction project on time.

GROSS LEASE

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintena... (more...)

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintenance, taxes and insurance. A gross lease closely resembles the typical residential lease. The tenant may agree to a 'gross lease with stops,' meaning that the tenant will pitch in if the landlord's operating costs rise above a certain level. In real estate lingo, the point when the tenant starts to contribute is called the 'stop level,' because that's where the landlord's share of the costs stops.

JOINT TENANCY

A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the ... (more...)

A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the other owners automatically own the deceased owner's share. For example, if a parent and child own a house as joint tenants and the parent dies, the child automatically becomes full owner. Because of this right of survivorship, no will is required to transfer the property; it goes directly to the surviving joint tenants without the delay and costs of probate.

Mill Neck Real Estate Lawyer, New York

Sponsored Law Firm

The Law Office of Alexander Paykin, P.C.

SPONSORED LAWYERS

Edward A. Andrews

Dana T. Davidson

Bruce A. Cook

Charles G McQuair

Colton P. Wagner

Craig Charles De Meo

Peter G. Zavatsky

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LEGAL TERMS

DEMURRER

FAILURE OF CONSIDERATION

APPRAISAL

INURE

ASSIGNMENT

CONSIDERATION

ACT OF GOD

GROSS LEASE

JOINT TENANCY

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