During the course of my 36 years as an Attorney of Law in the State of New Jersey I have handled many different types of legal matters. Early in my career I was a Public Defender for the State of New Jersey in Bergen County.
The State of New Jersey law requires an owner of income producing property to notify the Division of Taxation prior to closing regarding the upcoming event.
It is surprising how many clients put their home on the market for sale, but do not yet have plans made before their relocation. Often times the Seller wants to wait to see the house is going to sell and see how much money they will receive for it before making future plans.
I have many clients that put the ownership of their assets in other names. The usual scenarios (and related challenges) include: Scenario #1: Putting their assets in a trust thinking that they will avoid tax related responsibilities…
New Jersey Real Estate Contracts have extensive provisions to allow the Buyer to do "Home Inspections". Buyers can inspect for many items including the Home itself, Wood Destroying Insects, Radon, Underground Oil Tanks, etc.
I am a general practitioner of law. Although, I have resided and have my office in Bergen County, my practice includes all of northern New Jersey. I am also licensed to practice law in the state of New York.
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This past weeks dangerous and sad experience of a young boy who accidentally slipped into the Cincinatti Zoo and Botantical Garden's gorilla enclosure has created controversy over animals in captivity. A western lowland gorilla was killed to save a young boy. The boy was in "imminent danger" leaving the zoo's Animal Response team with no option but to shoot the 400 plus pound gorilla.
As a Real Estate Attorney, most of my clients need mortgage financing in order to purchase their homes and Real Estate investments.
When buying and selling investment type properties, it is very important to discuss your intentions and the specific details of the transaction with your accountant as well as your Real Estate Attorney.