New York City’s skyline is dominated by apartment buildings, a significant portion of which operate under cooperative (co-op) or condominium (condo) forms of ownership. While offering paths to homeownership, these unique structures present distinct legal frameworks and potential conflict points absent in traditional rental or single-family home contexts. Disputes involving co-op corporations, condominium associations, boards, […]
By Brian Figeroux, Esq. In New York City and across New York State, purchasing real estate is a legally intricate process that necessitates the involvement of a buyer’s attorney. Unlike in some states where legal representation is optional, in New York, it is customary—and often essential—for both buyers and sellers to retain legal counsel to […]
By Brian Figeroux, Esq. In New York City and across New York State, selling real estate is a legally intricate process that necessitates the involvement of a seller’s attorney. Unlike in some states where legal representation is optional, in New York, it is customary—and often essential—for both buyers and sellers to retain legal counsel to […]
By Brian Figeroux, Esq. This article explores why homeownership is a powerful wealth-building tool, and outlines the step-by-step process to becoming a homeowner in NYC. We also spotlight Equity Smart Realty, Inc., a trusted real estate brokerage committed to guiding first-time buyers, working families, and aspiring investors through the complex homebuying journey. Introduction: Homeownership as […]
Editorial credit: rblfmr / shutterstock.com Affordable housing remains a lifeline for thousands of New Yorkers facing high rents, job instability, and economic challenges. Fortunately, New York City offers a wide range of programs — from lotteries to emergency rental assistance — designed to help low- and moderate-income residents find and stay in safe, stable homes. This guide […]
By Brian Figeroux, Esq. Estate planning can be complex even when all assets are domestic—but for U.S. citizens holding real property abroad, it becomes especially critical to plan ahead. One of the most strategic tools in this context is the creation of a trust. At Figeroux & Associates, we routinely help clients navigate the legal […]
Facing the potential loss of one’s home is one of the most stressful experiences a property owner can endure. Foreclosure, the legal process lenders use to reclaim property when a borrower defaults on their mortgage loan, is a complex and often daunting area of law. In New York State, foreclosure is inherently a litigated matter, […]
Real estate transactions involve significant financial investment and trust. Unfortunately, the high stakes, particularly in markets like New York City, can create fertile ground for fraud and misrepresentation – intentional acts of deception designed to cheat buyers, sellers, owners, or lenders. From sellers concealing major property defects to sophisticated deed theft scams targeting vulnerable homeowners, […]
Clear and undisputed title is the cornerstone of real estate ownership and transactions in New York. It represents the legal right to possess, use, control, and dispose of property. Yet, beneath the surface of deeds and records, disputes over rightful ownership and property interests frequently arise, leading to complex and often contentious litigation. Particularly in […]
Embarking on a career as a real estate agent in New York State offers a dynamic and rewarding professional path. This guide outlines the essential steps to obtain your real estate salesperson license, providing a clear roadmap for aspiring agents. Step 1: Meet Basic Eligibility Requirements Before pursuing a real estate license in New York, […]