At our law firm, our first priority is always health and safety while delivering outstanding service to our clients. Our office is sanitized, with plexiglass installed, and enough space to be social distanced from other clients. We will offer masks, new pens, and gloves to clients to assure them of our desire to keep them safe while seeing to all their legal needs.
Lately, I have been receiving many phone calls from clients regarding problems that have developed because they have co-signed mortgages for family/friends. A co-signer is equally responsible for the repayment of the loan as is the actual home owner.
Lately, I have seen a number of minor document errors create major headaches for my clients.
Years ago, I was fortunate enough to handle a Capital Punishment Murder Case. My client was found Not Guilty. It was only the second acquittal in the State of New Jersey since they brought back the Death Penalty.
It is very important that Landlords's check their Residential Leases regularly. Most leases are on a 1 term and automatically become month to month , thereafter. A Landlord should prepare and submit to each residential Tenant a new Lease each year. In this fashion, a Landlord can make sure that all the information and rental increases and other Landlord protections are current.
I read a very good article today in USA Today's personal finance section. It talked about preparation regarding your Will and your Estate. The recommended steps are very valid and important to make things much easier for yourself and for your heirs. The article discussed reviewing your last Will and Testament every five years.
New Jersey is still leading the nation in short sales of Real Estate. This means that a seller is able to sell the home for an amount less that what is still owed to the Lender.
When you are purchasing a Condominium unit , it is very important that you carefully analyze the documentation for that development such as the Master Deed, By-laws and most importantly the physical statement and annual budget.
Since 2008, short sales and bank owned properties have been a large percentage of transactions in the northern New Jersey metropolitan area.
Many people attempt to sell their home on their own without the benefit of a professional Realtor representing them. Whether you are the buyer or the seller, it is highly recommended that you have a Realtor working for you.
Just a couple of quick pointers: If you are terminating your tenant's tenancy in your building and all of the proper Notices have been served upon the tenant, you cannot continue to collect the rent after the date that the tenancy is terminated in the Notice.