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Rye Real Estate Lawyer, New York, page 5

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Robert Sikorski
About | Practice Areas
Busson & Sikorski, P.C.
381 Park Avenue South Suite 615 New York, NY 10016» view map
Real Estate Law
Proven Legal Counsel

Our clients in New York, nationwide and internationally have trusted us with their legal matters for more than 45 years.

800-756-2880
1. Robert Sikorski New York, NY
  Attorney at Law- NY, 1972
  St. John's University School of Law, JD 1972
2. AboutBusson & Sikorski, P.C.
  Proven Legal Counsel
3. Practice AreasExpertise
  Real Estate Law
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Henry Martin Hocherman

Land Use & Zoning, Environmental Law, Commercial Leasing, Real Estate

Status:

1 North Broadway, White Plains, NY 10601

Gerard P. Brady

Construction, Real Estate, Banking & Finance, Credit & Debt, Landlord-Tenant

Status: Licensed: 39 Years

11 Martine Avenue, White Plains, NY 10606

Philip Arthur Butler

Litigation, Land Use & Zoning, Municipal

Status:

445 Hamilton Avenue, White Plains, NY 10601

Ruth Schorr Roth

Litigation, Land Use & Zoning, Environmental Law

Status:

445 Hamilton Avenue, White Plains, NY 10601

Jennifer L. Reinke

Litigation, Land Use & Zoning, Municipal, Environmental Law

Status:

445 Hamilton Avenue, White Plains, NY 10601

Jennifer L. Van Tuyl

Land Use & Zoning, Municipal, Housing & Urban Development

Status:

445 Hamilton Avenue, White Plains, NY 10601

Samuel Neill

Real Estate

Status:

445 Hamilton Avenue, White Plains, NY 10601

Joseph H. Gruner

Estate, Residential Real Estate, Elder Law

Status: Licensed: 51 Years

445 Hamilton Avenue, White Plains, NY 10601

Michael I. Stolzar

Real Estate, Misdemeanor, Securities, Corporate, Business

Status: Licensed: 52 Years

445 Hamilton Ave, White Plains, NY 10601

Bari J. Schulman

Real Estate, Real Estate

Status:

30 N Broadway, White Plains, NY 10601

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LEGAL TERMS

MONTH-TO-MONTH TENANCY

A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper am... (more...)

A rental agreement that provides for a one-month tenancy that is automatically renewed each month unless either tenant or landlord gives the other the proper amount of written notice (usually 30 days) to terminate the agreement. Some landlords prefer to use month-to-month tenancies because it gives them the right to raise the rent after giving proper notice. This type of rental also provides a landlord with an easy way to get rid of troublesome tenants, because in most states month-to-month tenancies can be terminated for any reason.

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.

LIQUID ASSETS

Business property that can be quickly and easily converted into cash, such as stock, bank accounts and accounts receivable.

DONATION

A gift of property. The IRS allows you to take an income tax deduction for the value of donations made to charitable organizations who are recognized as such by... (more...)

A gift of property. The IRS allows you to take an income tax deduction for the value of donations made to charitable organizations who are recognized as such by the IRS.

DIRECTOR

A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important bus... (more...)

A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important business decisions -- especially those that legally bind the corporation -- leaving day-to-day management to officers and employees of the corporation. For example, a decision to borrow money, lease an office or buy real property would normally be authorized by the board of directors. However, in the small business world, where it is common for owners to be directors, officers and employees simultaneously, distinctions dividing the roles and responsibilities of these groups are often blurred.

NONCOMPETITION AGREEMENT

An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party ... (more...)

An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party for a specific period of time and within a particular area. Salespeople, for example, often sign noncompetition agreements that prevent them from using the contacts gained by one employer to benefit another employer. Or a salesperson may sign what is known as a 'noncompete,' agreeing not to sell within a particular area, or even work in the same type of business. In some states, such as California, courts view noncompetition agreements with disfavor and will not enforce them unless the restrictions are very narrow. In other states, courts routinely uphold them.

RESTRAINT ON ALIENATION

A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it... (more...)

A provision in a deed or will that attempts to restrict ownership of the property -- for example, selling your house to your daughter with the provision that it never be sold to anyone outside the family. These provisions are generally unenforceable.

DEVISE

An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some s... (more...)

An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some states, 'devise' now applies to any kind of property left by will, making it identical to the term bequest. Compare legacy.

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.

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