Miami, FL (1888PressRelease)
November 03, 2007 - The South Florida and New York real estate markets have become a hotbed for contract litigation. Many people are investigating how to protect their legal rights under the provisions of a preconstruction or condo contract. Both Florida and New York states have laws in place to protect consumers. Developers working with lobbyists are attempting to have these laws changed in both Tallahassee and Albany to better favor the developer, rather than the consumer in real estate contract disputes. Have you asked yourself,"How can I get out of this Real Estate Contract?"
We urge you to contact a licensed real estate attorney to review your options.
The Real Estate Attorneys at Deposit Recovery Services have allowed us the opportunity to work with their blog covering Preconstruction and Condominium contract law in South Florida and New York. We will be testing the fact that even in one of the toughest search engine arenas, real estate law, we can make it happen with nothing more than a few press releases and the writings of a foreign high school student.
The following Article is a sample of the blog writings being used. It has not been written or reviewed by a Florida or New York Real Estate Contract Lawyer or any other attorney.
This is solely for SEO test purposes.
An article published on the New York Real Property Law Journal by Joshua Stein gives a rundown on a New York real estate law wish list. While most of the words used to describe is mind boggling for the average Joe or Betty, here is an attempt to simplify his top 5 for the understanding and comprehension of the general public. That means you, Joe and Betty!
Yellowstone Injunctions, while this gave me an instant mental image of Yogi Bear and Ranger Smith this in reality deals with high intensity lease disputes of the commercial kind. This is a process in which tenants will use the injunction to prevent the landlord from booting them out due to a default either monetary or non monetary. It also states that this process often is on an emergency basis. While Gotham has the Bat signal New York has the Yellowstone Injunction.
Single Purpose Entities according to securitization and rating agencies are BAD, BAD, BAD, well they used the term unreliable actually. So these single entities met their downfall while Delaware entities rose to the top. Mr. Stein explains that whatever problem these rating and securitization entities have deemed has problems can actually be solved by the New York legislation without having these entities be sucked into Delaware nether regions. Meaning, there’s hope yet.
Mortgage Consolidation, various documents such as assignments, consolidations, spreaders, etc are available for the purpose of mitigating and recording consolidation taxes and such. What a waste of paper really, it makes sense how Mr. Stein suggests that one single affidavit is enough to cover all these other paperwork’s.
Revolving loans is believed to be just one of the problems the Legislature can solve. The imposition of mortgage recording that prohibits New York real property from securing such loans is something the author believes should be easily solved by the Legislature.
Lien Law is not a Chinese dish I’m sorry to say. It is the law that governs construction loans and mechanics’ liens which are believed to be too complex and unnecessary. Hopefully this short tryst has introduced a simpler concept.
Law Offices of Eric L. Bronfeld, P.A.
PO BOX 22506
Fort Lauderdale, Fl. 33335
954.527.1512
1-877-527-1512 (Outside Florida)
info ( @ ) depositrecoveryservices dot com
http://www.DepositRecoveryServices.com
http://www.Go2Closing.com