Great Neck Plaza Timeshare Lawyer, New York

Sponsored Law Firm


Deborah M. Franco

Education, Timeshare, Lawsuit & Dispute, Immigration
Status:  In Good Standing           Licensed:  31 Years

Anthony Mallilo

Timeshare, Lawsuit, Business, Personal Injury
Status:  In Good Standing           Licensed:  48 Years

Emily Simons

Real Estate, Timeshare
Status:  In Good Standing           Licensed:  41 Years

Abraham Leitner

Timeshare, Copyright, Employment, Bankruptcy & Debt
Status:  In Good Standing           Licensed:  28 Years

David R. Wiles

Timeshare, Litigation, Immigration, Lending, Banking & Finance
Status:  In Good Standing           Licensed:  36 Years

Rossina Kirilova Petrova

Timeshare, Real Estate, Employment, Business
Status:  In Good Standing           Licensed:  25 Years

Ashkan Arastehmanesh

Timeshare, Personal Injury
Status:  In Good Standing           Licensed:  14 Years

Sandeep Savla

Timeshare, Copyright, Immigration
Status:  In Good Standing           

Robert William Hollweg

Timeshare, Social Security, Child Custody, Consumer Protection
Status:  In Good Standing           Licensed:  58 Years

Todd Evan Fass

Power of Attorney, Timeshare, Motor Vehicle, Lawsuit & Dispute
Status:  In Good Standing           Licensed:  24 Years

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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LEGAL TERMS

TESTAMENTARY DISPOSITION

Leaving property in a will.

INCIDENTS OF OWNERSHIP

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to... (more...)
Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to receive rent--then legally, no gift has been made. This distinction can be important if you're making large gifts to reduce your eventual estate tax.

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)
A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)
A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

PATENT CLAIM

A statement included in a patent application that describes the structure of an invention in precise and exact terms, using a long established formal style and ... (more...)
A statement included in a patent application that describes the structure of an invention in precise and exact terms, using a long established formal style and precise terminology. Patent claims serve as a way for the U.S. Patent and Trademark Office (PTO) to determine whether an invention is patentable, and as a way for a court to determine whether a patent has been infringed. In concept, a patent claim marks the boundaries of the patent in the same way as the legal description in a deed specifies the boundaries of the property.

SHARED EQUITY MORTGAGE

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the... (more...)
A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

APPRECIATION

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

SPECIFIC PERFORMANCE

A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the ... (more...)
A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the winner.

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.

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