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Gary Schafkopf
About | Practice Areas
Schafkopf Law LLC
11 Bala Ave Bala Cynwyd, PA 19004» view map
Real Estate Law
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Gary Schafkopf is a practicing lawyer in the states of Pennsylvania and New Jersey who focuses on cases in Business, Employment, and Real Estate.

800-970-4781
1. Gary Schafkopf Bala Cynwyd, PA
  Attorney at Law- PA, 1999
  Schafkopf Law LLC
2. AboutSchafkopf Law LLC
  We Are Here To Help You
3. Practice AreasExpertise
  Real Estate Law
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Scott Jonathan Goldstein

Foreclosure, Litigation, Estate, Bankruptcy & Debt

Status: In Good Standing Licensed: 20 Years

FREE CONSULTATION

CONTACT

280 West Main Street, Denville, NJ 07834

Nicholas Stratton

Estate, Residential Real Estate, Foreclosure, Nursing Home, Elder Law

Status: In Good Standing

FREE CONSULTATION

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795 Franklin Avenue, Franklin Lakes, NJ 07417

Angela J. Mendelsohn

Commercial Real Estate, Foreclosure, Federal Appellate Practice, Bankruptcy

Status: In Good Standing Licensed: 38 Years

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1680 Route 23, Wayne, NJ 07470

Betsy Ann Rosenbloom

Title Insurance, Foreclosure, Real Estate

Status: In Good Standing Licensed: 43 Years

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1680 Route 23, Wayne, NJ 07470

Nicholas V Rogers

Foreclosure, Litigation, Elder Law, Bankruptcy

Status: In Good Standing

CONTACT

7 Century Drive, Parsippany, NJ 07054

Victor Spinelli

Foreclosure, Wills & Probate, Business, Collection

Status: In Good Standing

CONTACT

7 Century Drive, Parsippany, NJ 07054

Leah Del Percio

Foreclosure, International Tax, Estate Planning, Elder Law

Status: In Good Standing

CONTACT

7 Century Drive, Parsippany, NJ 07054

Naya Kim Pearlman

International Tax, Foreclosure, Estate Planning, Business

Status: In Good Standing

CONTACT

7 Century Drive, Parsippany, NJ 07054

Rebecca L. Eckert

Foreclosure, Bankruptcy, Wills & Probate

Status: In Good Standing

CONTACT

33 Clinton Rd, Caldwell, NJ 07006

Michael S. Vardilli

Foreclosure, Real Estate, Industry Specialties, Bankruptcy & Debt

Status: In Good Standing

CONTACT

105 Eisenhower Parkway, Roseland, NJ 07068

800-923-0641

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LEGAL TERMS

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.

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.

GROSS LEASE

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintena... (more...)

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintenance, taxes and insurance. A gross lease closely resembles the typical residential lease. The tenant may agree to a 'gross lease with stops,' meaning that the tenant will pitch in if the landlord's operating costs rise above a certain level. In real estate lingo, the point when the tenant starts to contribute is called the 'stop level,' because that's where the landlord's share of the costs stops.

CONTINGENCY

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a ... (more...)

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a contingency in a contract for the purchase of a house might state that if the buyer does not approve the inspection report of the physical condition of the property, the buyer does not have to complete the purchase.

NOVATION

The substitution of a new contract for an old one. A novation may change one of the parties to the contract or the duties that must be performed by the original... (more...)

The substitution of a new contract for an old one. A novation may change one of the parties to the contract or the duties that must be performed by the original parties.

HOMESTEAD

(1) The house in which a family lives, plus any adjoining land and other buildings on that land. (2) Real estate which is not subject to the claims of creditors... (more...)

(1) The house in which a family lives, plus any adjoining land and other buildings on that land. (2) Real estate which is not subject to the claims of creditors as long as it is occupied as a home by the head of the household. After the head of the family dies, homestead laws often allow the surviving spouse or minor children to live on the property for as long as they choose. (3) Land acquired out of the public lands of the United States. The term 'homesteaders' refers to people who got their land by settling it and making it productive, rather than purchasing it outright.

SEIZURE

The taking of physical evidence or property by law enforcement officials. This runs the gamut from taking blood for a drug test to impounding a car used in a ro... (more...)

The taking of physical evidence or property by law enforcement officials. This runs the gamut from taking blood for a drug test to impounding a car used in a robbery. The police must generally obtain a search warrant, or court order, before they can seize personal property.

RUNNING WITH THE LAND

A phrase used in property law to describe a right or duty that remains with a piece of property no matter who owns it. For example, the duty to allow a public b... (more...)

A phrase used in property law to describe a right or duty that remains with a piece of property no matter who owns it. For example, the duty to allow a public beach access path across waterfront property would most likely pass from one owner of the property to the next.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

SAMPLE LEGAL CASES

US EX REL. USDA v. Scurry

... Court. A homeowner facing foreclosure and dispossession is entitled to procedural protection. ... facts. The foreclosure proceeded unabated, title to the property was transferred to the mortgagee, and the homeowner was dispossessed. ...

EMC Mortg. Corp. v. Chaudhri

... LIHOTZ, JAD. We reverse the dismissal of plaintiff's foreclosure complaint. ... (Unicor). The assignment agreement was recorded. The Chaudhris defaulted on the mortgage obligation, and on October 28, 1999, Unicor commenced foreclosure under docket number F-17629-99. ...

Nowosleska v. Steele

... A judgment of foreclosure was obtained against 1099 them, and a sheriff's sale was scheduled for February 7, 2006. ... However, as part of the transaction, they had signed a Deed in Lieu of Foreclosure to Property Vestors as security for the loan. ...

Stockholm Foreclosure Lawyer, New Jersey

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Scott Jonathan Goldstein

Nicholas Stratton

Angela J. Mendelsohn

Betsy Ann Rosenbloom

Nicholas V Rogers

Victor Spinelli

Leah Del Percio

Naya Kim Pearlman

Rebecca L. Eckert

Michael S. Vardilli

TIPS

LEGAL TERMS

MORTGAGE

DEED IN LIEU (OF FORECLOSURE)

GROSS LEASE

CONTINGENCY

NOVATION

HOMESTEAD

SEIZURE

RUNNING WITH THE LAND

FORECLOSURE

SAMPLE LEGAL CASES

US EX REL. USDA v. Scurry

EMC Mortg. Corp. v. Chaudhri

Nowosleska v. Steele

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