Whitestone Real Estate Lawyer, New York, page 5

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Stephen H. Kaufman

Accident & Injury, Criminal, Lawsuit & Dispute, Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  42 Years

Dennis S. Cappello

Commercial Real Estate, Estate Planning, Employment, Elder Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  43 Years

Ronen Shiponi

Real Estate, Divorce & Family Law, Misdemeanor
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  20 Years

Lori Puleo

Residential Real Estate, Foreclosure
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  38 Years

Jordan Hoffman

Real Estate, Traffic, Criminal
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Thomas V. Ognibene

Election & Political, Banking & Finance, Commercial Real Estate, Federal Appellate Practice
Status:  Deceased *Status is reviewed annually. For latest information visit here           Licensed:  50 Years

Martin Burger

Real Estate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  47 Years

Stephen H Kaufman

Accident & Injury, Construction, Real Estate, DUI-DWI

George Klein

Real Estate, Trusts, Elder Law, Wills & Probate
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           Licensed:  41 Years

Solomon H. Friend

Commercial Real Estate, Wills & Probate, Litigation, Corporate
Status:  Inactive *Status is reviewed annually. For latest information visit here           Licensed:  77 Years

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

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LEGAL TERMS

FORFEITURE

The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the lan... (more...)
The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the landlord knows it is a drug-dealing site but fails to stop the illegal activity. Or, you may have to forfeit your driver's license if you commit too many moving violations or are convicted of driving under the influence of alcohol or drugs.

BOND

(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in ... (more...)
(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in court, providing good title to a piece of real estate or completing a construction project. If the person who purchased the bond fails at his or her task, the bonding company will pay the aggrieved party an amount up to the value of the bond. (2) An interest-bearing document issued by a government or company as evidence of a debt. A bond provides pre-determined payments at a set date to the bond holder. Bonds may be 'registered' bonds, which provide payment to the bond holder whose name is recorded with the issuer and appears on the bond certificate, or 'bearer' bonds, which provide payments to whomever holds the bond in-hand.

OFFER

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some... (more...)
A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some essential terms--including the price and subject matter of the contract--and must be communicated by the person making the offer. A legally valid acceptance of the offer will create a binding contract.

ESCHEAT

The forfeit of all property to the state when a person dies without heirs.

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.

SEVERABILITY CLAUSE

A provision in a contract that preserves the rest of the contract if a portion of it is invalidated by a court. Without a severability clause, a decision by the... (more...)
A provision in a contract that preserves the rest of the contract if a portion of it is invalidated by a court. Without a severability clause, a decision by the court finding one part of the contract unenforceable would invalidate the entire document.

WORK MADE FOR HIRE

A work created by an employee within the scope of employment or a work commissioned an author under contract. With a work for hire, the author and copyright own... (more...)
A work created by an employee within the scope of employment or a work commissioned an author under contract. With a work for hire, the author and copyright owner of a work is the person who pays for it, not the person who creates it. The premise of this principle is that a business that authorizes and pays for a work owns the rights to the work. There are two distinct ways that a work will be classified as 'made for hire.'the work is created by an employee within the scope of employment; or the work is commissioned, is the subject of a written agreement, and falls within a special group of categories (a contribution to a collective work, a part of a motion picture or other audiovisual work, a translation, a supplementary work, a compilation, an atlas, an instructional text, a test, or as answer material for a test). The work made for hire status of a work affects the length of copyright protection and termination rights.

LIMITED EQUITY HOUSING

An arrangement designed to encourage low-and moderate-income families to purchase housing, in which the housing is offered at an extremely favorable price with ... (more...)
An arrangement designed to encourage low-and moderate-income families to purchase housing, in which the housing is offered at an extremely favorable price with a low down payment. The catch is that when the owner sells, she gets none of the profit if the market value of the unit has gone up. Any profit returns to the organization that built the home, which then resells the unit at an affordable price.

FORECLOSURE

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

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