Red Bank Real Estate Lawyer, New Jersey, page 9

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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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2. Email
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Michael Bruno

Commercial Real Estate, Land Use & Zoning, Litigation

Status: In Good Standing

CONTACT

The Galleria, Red Bank, NJ 07701

Jason Sobel

Land Use & Zoning, Felony

Status: In Good Standing

CONTACT

The Galleria, Red Bank, NJ 07701

Kenneth Lackey

Real Estate, Trusts, Criminal, Collection

Status: In Good Standing

CONTACT

The Galleria, Red Bank, NJ 07701

Jeffrey Shapiro

Trusts, Real Estate, Health Care, Business

Status: In Good Standing

CONTACT

The Galleria, Red Bank, NJ 07701

Martin McGann

Land Use & Zoning

Status: In Good Standing

CONTACT

The Galleria, Red Bank, NJ 07701

Robert Heugle

Education, Construction Contracts, Civil Rights

Status: In Good Standing

CONTACT

The Galleria, Red Bank, NJ 07701

Paul Schneider

Environmental Law Other, Environmental Law, Land Use & Zoning

Status: In Good Standing

CONTACT

The Galleria, Red Bank, NJ 07701

Mary Magee

Trusts, Real Estate, Elder Law, Labor Law

Status: In Good Standing

CONTACT

The Galleria, Red Bank, NJ 07701

Stephen Oppenheim

Trusts, Tax, Real Estate

Status: In Good Standing

CONTACT

The Galleria, Red Bank, NJ 07701

800-923-0641

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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.

EMINENT DOMAIN

The power of the federal or state government to take private property for a public purpose, even if the property owner objects. The Fifth Amendment to the Unite... (more...)

The power of the federal or state government to take private property for a public purpose, even if the property owner objects. The Fifth Amendment to the United States Constitution allows the government to take private property if the taking is for a public use and the owner is 'justly compensated' (usually, paid fair market value) for his or her loss. A public use is virtually anything that is sanctioned by a federal or state legislative body, but such uses may include roads, parks, reservoirs, schools, hospitals or other public buildings. Sometimes called condemnation, taking or expropriation.

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.

FAIR HOUSING ACT & FAIR HOUSING AMENDMENTS ACT

Federal laws that prohibit housing discrimination on the basis of race or color, national origin, religion, sex, familial status or disability. The federal Acts... (more...)

Federal laws that prohibit housing discrimination on the basis of race or color, national origin, religion, sex, familial status or disability. The federal Acts apply to all aspects of the landlord/tenant relationship, from refusing to rent to members of certain groups to providing different services during tenancy.

INVEST

(1) To formally grant power or authority to someone. For example, when the President of the United States is inaugurated, he is invested with all the powers of ... (more...)

(1) To formally grant power or authority to someone. For example, when the President of the United States is inaugurated, he is invested with all the powers of that office. (2) To contribute money to a business venture, or to buy property or securities, with the intention and expectation of making a profit.

ASSIGNEE

A person to whom a property right is transferred. For example, an assignee may take over a lease from a tenant who wants to permanently move out before the leas... (more...)

A person to whom a property right is transferred. For example, an assignee may take over a lease from a tenant who wants to permanently move out before the lease expires. The assignee takes control of the property and assumes all the legal rights and responsibilities of the tenant, including payment of rent. However, the original tenant remains legally responsible if the assignee fails to pay the rent.

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.

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.

JOINT TENANCY

A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the ... (more...)

A way for two or more people to share ownership of real estate or other property. When two or more people own property as joint tenants and one owner dies, the other owners automatically own the deceased owner's share. For example, if a parent and child own a house as joint tenants and the parent dies, the child automatically becomes full owner. Because of this right of survivorship, no will is required to transfer the property; it goes directly to the surviving joint tenants without the delay and costs of probate.

Red Bank Real Estate Lawyer, New Jersey, page 9

Sponsored Law Firm

Schafkopf Law LLC

SPONSORED LAWYERS

Michael Bruno

Jason Sobel

Kenneth Lackey

Jeffrey Shapiro

Martin McGann

Robert Heugle

Paul Schneider

Mary Magee

Stephen Oppenheim

TIPS

LEGAL TERMS

ANNUAL MEETING

EMINENT DOMAIN

NULLA BONA

FAIR HOUSING ACT & FAIR HOUSING AMENDMENTS ACT

INVEST

ASSIGNEE

GROSS LEASE

HOMESTEAD

JOINT TENANCY

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