Brooklyn Heights Real Estate Lawyer, New York, page 3


Barbara A. Sheehan

Construction, Pension & Benefits, Directors & Officers, Corporate
Status:  In Good Standing           

David A. Glazer

Construction, Transportation & Shipping, Workers' Compensation, Corporate
Status:  In Good Standing           

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Mary Dempsey

Dispute Resolution, Construction, Contract, Internet
Status:  In Good Standing           

Irwin J. Weinstein

Real Estate, Wills & Probate, Trusts, Household Mold
Status:  In Good Standing           

Scott Clausen

Construction, Admiralty & Maritime, Errors & Omissions Insurance, Insurance
Status:  In Good Standing           

Michael Einbinder

Business, Real Estate, Franchising
Status:  In Good Standing           

George D. Rosenbaum

Products Liability, Medical Malpractice, Household Mold, Construction
Status:  In Good Standing           

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Mary Ann Hallenborg

Landlord-Tenant, Real Estate
Status:  In Good Standing           

Norman J. Golub

Construction, Arbitration, Federal Trial Practice, Federal Appellate Practice
Status:  In Good Standing           

Patrick T. Steinbauer

Construction, Labor Law, Employment, Mesothelioma
Status:  In Good Standing           

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LEGAL TERMS

EVICTION

Removal of a tenant from rental property by a law enforcement officer. First, the landlord must file and win an eviction lawsuit, also known as an 'unlawful det... (more...)
Removal of a tenant from rental property by a law enforcement officer. First, the landlord must file and win an eviction lawsuit, also known as an 'unlawful detainer.'

IP

See intellectual property law.

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.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)
A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

SERVIENT TENEMENT

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would ... (more...)
Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would be a servient tenement.

APPRAISER

A person who is hired to determine the current value of real estate or other property.

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

CONSIDERATION

The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one for... (more...)
The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one form of consideration for another. Consideration may be a promise to perform a certain act -- for example, a promise to fix a leaky roof -- or a promise not to do something, such as build a second story on a house that will block the neighbor's view. Whatever its particulars, consideration must be something of value to the people who are making the contract.

ADVERSE POSSESSION

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usua... (more...)
A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usually include continuous and open use for a period of five or more years and paying taxes on the property in question.

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