Salem Real Estate Lawyer, New York, page 4

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Mark Allen Lebowitz

Real Estate, Lawsuit & Dispute, Bankruptcy & Debt
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Benjamin R. Pratt

Real Estate, Lawsuit & Dispute, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Paul E. Pontiff

Real Estate, International, Trusts, Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

James David Little

Real Estate, Traffic, Employee Rights, Divorce & Family Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Dennis J. Tarantino

Real Estate, Civil & Human Rights
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  50 Years

Thomas Anthony Ulasewicz

Real Estate, Environmental Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  48 Years

Kathleen Joan Fraher

Real Estate, Employee Rights, Family Law, Personal Injury
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  28 Years

Russell C. Tharp

Real Estate, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  53 Years

Kara Irene Lais

Real Estate, Government, Environmental Law, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  21 Years

Robert Charles Morris

Real Estate, Government, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  59 Years

Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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LEGAL TERMS

UNJUST ENRICHMENT

A legal doctrine stating that if a person receives money or other property through no effort of his own, at the expense of another, the recipient should return ... (more...)
A legal doctrine stating that if a person receives money or other property through no effort of his own, at the expense of another, the recipient should return the property to the rightful owner, even if the property was not obtained illegally. Most courts will order that the property be returned if the party who has suffered the loss brings a lawsuit.

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.'

DIVIDEND

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash,... (more...)
A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash, though they may also be paid in the form of additional shares of stock or other property. The amount of a dividend is established by the corporation's board of directors; however, state laws often restrict a corporation's ability to declare dividends by requiring a minimum level of profits or assets before the dividend can be approved.

COMMERCIAL FRUSTRATION

An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can bre... (more...)
An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can break a lease if the property she agreed to rent accidentally burns down before the tenants move in.

FINDER'S FEE

A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords,... (more...)
A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords, however, charge finder's fees merely for renting a place. This type of charge is not legitimate and, in some areas, is specifically declared illegal.

YELLOW-DOG CONTRACT

An employment contract in which the employer forbids the employee to join a labor union. Yellow-dog contracts are not legally enforceable.

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.

IP

See intellectual property law.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)
A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

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