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Hikmat A. Sabeh
About | Practice Areas
Law Office of Hikmat A. Sabeh
26 Park Street Suite 2076 Montclair, NJ 07042» view map
Real Estate Law
Effective Legal Advice

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800-881-0241
1. Hikmat A. Sabeh Montclair, NJ
  Attorney at Law - NJ, 2015
  Seton Hall University J.D. 2015
2. AboutLaw Office of Hikmat A. Sabeh
  Effective Legal Advice
3. Practice AreasExpertise
  Real Estate Law
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Arthur "Scott" L. Porter

Corporate, Construction, International, Litigation

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180 Sylvan Ave., Englewood Cliffs, NJ 07632

Bernard Dorfman

Real Estate

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180 Sylvan Ave., Englewood Cliffs, NJ 07632

Eddie Raynord Hadden

Arbitration, Aviation, Corporate, Commercial Real Estate

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180 Sylvan Ave., Englewood Cliffs, NJ 07632

Raymond S. Carroll

Construction, Transportation & Shipping, Workers' Compensation, Products Liability, Real Estate

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375 Cedar Lane, Teaneck, NJ 07666

Dennis S. Deutsch

Election & Political, Business Organization, Eminent Domain, Construction

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One Executive Drive, Fort Lee, NJ 07024

Paul N. Ambrose

Estate, Estate Planning, Estate Administration, Corporate, Real Estate

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433 Hackensack Avenue, Hackensack, NJ 07601

Terry Barchenko

Business Organization, Banking & Finance, Real Estate

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One Executive Drive, Fort Lee, NJ 07024

Marc E. Leibman

Land Use & Zoning, Real Estate, Criminal, Corporate

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One Executive Drive, Fort Lee, NJ 07024

Joel J. Reinfeld

Family Law, Personal Injury, Real Estate

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1625 Lemoine Avenue, Fort Lee, NJ 07024

Philip C. Apovian

Real Estate, Bankruptcy, Bankruptcy & Debt, Accident & Injury

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640 E Palisade Ave, Englewood Cliffs, NJ 07632

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LEGAL TERMS

APPRAISER

A person who is hired to determine the current value of real estate or other property.

HOME WARRANTY

A service contract that covers a major housing system--for example, plumbing or electrical wiring--for a set period of time from the date a house is sold. The w... (more...)

A service contract that covers a major housing system--for example, plumbing or electrical wiring--for a set period of time from the date a house is sold. The warranty guarantees repairs to the covered system and is renewable.

INTANGIBLE PROPERTY

Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items... (more...)

Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items may be represented by a certificate or license that fixes or approximates the value, but others (such as the goodwill or reputation of a business) are not easily valued or embodied in any instrument. Compare tangible property.

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.

QUASI-COMMUNITY PROPERTY

A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired togeth... (more...)

A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired together in the non-community property state may be considered quasi-community property. Quasi-community property is treated just like community property when one spouse dies or if the couple divorces.

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.

WORDS OF PROCREATION

Language used to leave property to a person and his or her descendants, which typically take the form 'to A, and the heirs of his body,' where A is the person r... (more...)

Language used to leave property to a person and his or her descendants, which typically take the form 'to A, and the heirs of his body,' where A is the person receiving the property.

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.

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.

Tenafly Real Estate Lawyer, New Jersey

Sponsored Law Firm

Law Office of Hikmat A. Sabeh

SPONSORED LAWYERS

Arthur "Scott" L. Porter

Bernard Dorfman

Eddie Raynord Hadden

Raymond S. Carroll

Dennis S. Deutsch

Paul N. Ambrose

Terry Barchenko

Marc E. Leibman

Joel J. Reinfeld

Philip C. Apovian

TIPS

LEGAL TERMS

APPRAISER

HOME WARRANTY

INTANGIBLE PROPERTY

LOAN BROKER

QUASI-COMMUNITY PROPERTY

JOINT TENANCY

WORDS OF PROCREATION

PRIVATE MORTGAGE INSURANCE (PMI)

NET LEASE

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