Understanding Closing Dates in New York Residential Real Estate Contracts
FABRICE MICHEL FABRICE MICHEL

Understanding Closing Dates in New York Residential Real Estate Contracts

How significant is a closing date when it comes to real estate deals? One crucial concept that often comes into play is "time of the essence." Unlike many other states, New York doesn't automatically consider time to be of the essence in real estate transactions.

Whether you're looking to purchase a brownstone in Brooklyn or sell a beachfront property in Long Island, grasping the nuances of closing dates and time of the essence declarations is essential for protecting your interests and ensuring a smooth transaction. Our knowledgeable NYC and Long Island real estate practice breaks down what you need to know about this critical aspect of New York real estate law.

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Comprehensive Legal Support for NYC & Long Island Real Estate Agents | Michel Law
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Comprehensive Legal Support for NYC & Long Island Real Estate Agents | Michel Law

From contract reviews and commission disputes to compliance guidance and litigation representation, our experienced team offers tailored legal services designed specifically for real estate professionals. With our deep local expertise and personalized approach, we help you protect your interests, mitigate risks, and seize opportunities in the ever-evolving New York real estate market.

[Discover how Michel Law can empower your real estate career. Contact us today to learn more.]

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What is a Withdrawn Divorce?
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What is a Withdrawn Divorce?

A withdrawn divorce refers to the process of discontinuing divorce proceedings after they have been initiated but before a final judgment has been issued. In New York, couples have the option to withdraw their divorce petition under certain circumstances, allowing them to remain legally married.

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NY Startups: 7 Legal Essentials for Tech Entrepreneurs
FABRICE MICHEL FABRICE MICHEL

NY Startups: 7 Legal Essentials for Tech Entrepreneurs

New York's tech startup scene is booming, but entrepreneurs must navigate complex legal waters. From choosing the right business structure to protecting intellectual property and complying with stringent employment laws, legal considerations are crucial for success. Tech startups must also prioritize data privacy, draft solid contracts, understand securities laws for funding, and plan for potential disputes. By addressing these legal essentials early, entrepreneurs can build a strong foundation, mitigate risks, and focus on innovation and growth in the competitive New York tech landscape.

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Selling Your Home in New York: Why You Need a Real Estate Attorney
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Selling Your Home in New York: Why You Need a Real Estate Attorney

Selling your home in New York City or Long Island is a significant financial transaction that requires expert legal guidance. At Michel Law, we understand the complexities of New York's real estate laws and are here to help you navigate the process.

From ensuring compliance with property disclosures to drafting and negotiating contracts, our experienced attorneys protect your interests every step of the way. Whether you're selling a co-op, condo, or single-family home, having a knowledgeable real estate attorney is essential for a smooth and successful sale.

[Read more to discover why legal representation is crucial when selling your home in New York...]

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Understanding New York's Complex Real Estate Market: Why You Need an Experienced Attorney
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Understanding New York's Complex Real Estate Market: Why You Need an Experienced Attorney

From navigating co-op board approvals in Manhattan to decoding zoning laws in the Hamptons, our expert team has you covered. We'll guide you through every step, from contract negotiations to closing day, ensuring your interests are protected and your new keys are in hand without a hitch.

Ready to make your NYC or Long Island home ownership dreams a reality? Let's get started!

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   The 2024 changes to New York State law affecting real property introduce significant reforms in various areas, including property condition disclosures, eviction laws, LLC transparency, and deed theft. Below is a detailed overview of thes
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Discover the significant updates to New York State real property laws effective in 2024, including mandatory property condition disclosures, the Good Cause Eviction Law, LLC transparency requirements, and new measures against deed theft.

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Corporate Governance Best Practices for NYC Businesses
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Corporate Governance Best Practices for NYC Businesses

In New York City's competitive business landscape, effective corporate governance is essential for success. At Michel Law, we help businesses—from startups to established firms—navigate the complexities of governance with best practices that include board diversity, transparency, risk management, and ESG integration.

Our young, knowledgable, and dynamic team is dedicated to helping you build a governance framework that ensures compliance and drives growth. Ready to strengthen your corporate governance?

[Read more to learn how we can support your NYC business.]

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How Often Should I Update My Estate Plan?
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How Often Should I Update My Estate Plan?

An outdated estate plan can be as problematic as having no plan at all. This article explores the crucial times to update your estate planning documents, including annual reviews, major life changes, and periodic professional assessments. Discover how to keep your estate plan aligned with your current wishes and circumstances.

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Resolving Business Disputes : Litigation vs. Mediation |NYC & Long Island
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Resolving Business Disputes : Litigation vs. Mediation |NYC & Long Island

When business conflicts arise in New York City or Long Island, choosing the right resolution method can significantly impact your company's future. While litigation has long been the traditional approach, mediation is increasingly recognized as a viable alternative that can save time and money.

In this article, we’ll explore the pros and cons of litigation versus mediation, providing insights to help you determine the best approach for your specific situation. Whether you're dealing with contract disputes, partnership disagreements, or other business conflicts, understanding your options is essential for protecting your interests.

[Continue reading to discover how to effectively resolve business disputes and make informed decisions for your NYC or Long Island business...]

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New York's Good Cause Eviction Law: Notice Requirements Take Effect August 18, 2024
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New York's Good Cause Eviction Law: Notice Requirements Take Effect August 18, 2024

Effective August 18, 2024, New York's Good Cause Eviction Law requires landlords to provide a standardized notice with all leases and eviction proceedings. This law limits evictions, caps rent increases for most market-rate apartments, and mandates clear tenant information. Non-compliance may result in dismissed eviction cases. The notice requirement applies to all residential rentals, even those exempt from other provisions.

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Navigating Real Property Sales for 501(c)(3) Organizations in New York State: Understanding Legal Requirements
Real Estate, Corporate Law, 501(c)(3) FABRICE MICHEL Real Estate, Corporate Law, 501(c)(3) FABRICE MICHEL

Navigating Real Property Sales for 501(c)(3) Organizations in New York State: Understanding Legal Requirements

Learn how to navigate real property sales for 501(c)(3) organizations in New York State. This comprehensive guide covers essential legal requirements, best practices, and tips to ensure compliance and protect your nonprofit's interests. Discover the key steps to successfully manage property transactions while fulfilling your organization's mission.

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