Peconic Landlord-Tenant Lawyer, New York
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James N. Hulme
Landlord-Tenant, Family Law, Divorce, Corporate
Status: In Good Standing Licensed: 39 Years
323 Mill Rd, Westhampton Beach, NY 11978
Profile LAWPOINTS™34/100
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Richard Alan Zinn
Landlord-Tenant, Real Estate, Immigration, Estate, Divorce & Family Law
Status: In Good Standing Licensed: 54 Years
1919 Middle Country Rd, Centereach, NY 11720
Profile LAWPOINTS™24/100
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LEGAL TERMS
ANNUAL MEETING
A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider maj... (more...)
A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider major structural changes to the corporation, such as amending the articles of incorporation or merging or dissolving the corporation. Directors meet to consider or ratify important business decisions, such as borrowing money, buying real property or hiring key employees.
QUIET ENJOYMENT
The right of a property owner or tenant to enjoy his or her property without interference. Disruption of quiet enjoyment may constitute a nuisance. Leases and r... (more...)
The right of a property owner or tenant to enjoy his or her property without interference. Disruption of quiet enjoyment may constitute a nuisance. Leases and rental agreements often contain a 'covenant of quiet enjoyment,' expressly obligating the landlord to see that tenants have the opportunity to live undisturbed.
MORTGAGE
A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender... (more...)
A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.
COMMERCIAL FRUSTRATION
An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can bre... (more...)
An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can break a lease if the property she agreed to rent accidentally burns down before the tenants move in.
NULLA BONA
Latin for 'no goods.' This is what the sheriff writes when she can find no property to seize in order to pay off a court judgment.
ELECTRONIC SIGNATURE
A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'k... (more...)
A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'key' to encrypt (scramble) information that uniquely identifies the signer using a method called Public Key Infrastructure (PKI). Electronic signatures are as binding as those in ink.
EXCLUSIVE LICENSE
A valid contract in which a copyright owner authorizes another person or entity (called the licensee) to exclusively exercise one or more of the rights (or port... (more...)
A valid contract in which a copyright owner authorizes another person or entity (called the licensee) to exclusively exercise one or more of the rights (or portion of such rights) that belong to the copyright owner under the copyright. The licensee is said to 'own' the rights granted in the license and is referred to as a copyright owner.
LIABILITY INSURANCE COVERAGE
Compensation to third parties who are injured or whose property is damaged due to the fault of the insurance holder. You may have liability insurance for your c... (more...)
Compensation to third parties who are injured or whose property is damaged due to the fault of the insurance holder. You may have liability insurance for your car or your home, or to cover actions you take in the course of your profession. Liability polices are sometimes called 'third-party policies.'
LOAN BROKER
A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and eff... (more...)
A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and effective way to find the cheapest mortgage rates.
SAMPLE LEGAL CASES
Rios v. Carrillo
... In 2000 the plaintiff landlord leased a residential apartment to the defendant tenant for a term
of two years. ... Not long thereafter, some courts extended this 113 reasoning to the issue of landlord's
[sic] duty to mitigate, concluding that a landlord should indeed have such a duty ... ...
MATTER OF YITZHAK" JAMES" PASTREICH v. NEW YORK STATE DIVISION OF HOUSING AND COMMUNITY RENEWAL
... The August 1991 rent stabilized lease entered into by tenant and landlord recited a monthly rent
of $5,747.52, but included a rider, denominated "Rider to Preferential Lease Agreement," providing
for a "preferential rent" of $3,000 on condition that tenant accept the apartment in ...
MATTER OF 508 REALTY ASSOCIATES, LLC v. New York State Division of Housing and Community Renewal
... The Rent Stabilization Law (Administrative Code of City of NY § 26-501 et seq.) provides that
if the New York State Division of Housing and Community Renewal (hereinafter the DHCR) finds
that a landlord, after a reasonable opportunity to be heard, has collected an ...
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