On April 6, 2024, the New York State Bar Association (NYSBA) Task Force on Artificial Intelligence released its Report and Recommendations to the NYSBA House of Delegates, in which the Task Force examined the “legal, social, and ethical impact of artificial intelligence (AI) and generative AI on the legal profession.”  Through its examination of AI’s...Read More

Form TP-584 is a Combined Real Estate Transfer Tax Return, Credit Line Mortgage Certificate, and Certification of Exemption from the Payment of Estimated Personal Income Tax.  This form is completed in order to comply with the requirements of the real estate transfer tax, the tax on mortgages as it applies to the Credit Line Mortgage...Read More

Unequivocally, a home purchase is one of the greatest, largest transactions that any individual can endeavor to undertake in his or her lifetime.  For our first-time home buyers, it is daunting to enter into a transaction, saying, “I will pay $800,000.00 for this home, and here, in the meantime, you can hold an $80,000.00 deposit...Read More

After finalizing the contract of sale and any riders thereto, the next step in the home-buying process in New Jersey may involve conducting a home inspection and ascertaining what – if any – repairs you, as the buyer, will request that the seller address, by way of a repair or a credit. A home inspection...Read More

It is understood that a business entity, such as a corporation or a limited liability company, is directed and controlled by the officers and members thereof.  These are real people making real decisions guiding the entity’s actions. Yet, the individuals themselves enjoy the corporate protections afforded to them by virtue of acting through the corporate...Read More

It is a common misconception that a member of a limited liability company (LLC) in New York can be expelled – non-judicially or judicially – by the other member(s) of the LLC for cause, for any reason, on any basis, at any time. Eh, not so fast. Let’s visualize a flow chart here for a...Read More

For the month of February, our firm is going to be answering the Frequently Asked Questions (FAQs) that we get from our clients.  This first FAQ is one that routinely comes up during our initial consultation with our clients – “What do I need to provide to my attorney?” or “What documents do you need...Read More

An easement grants a non-owner the right to use or access another person’s property for a specific purpose. This agreement allows for a limited use of the property without transferring ownership. The property that benefits from the easement is known as the dominant estate, while the property that serves the easement (i.e., the property over...Read More

In a recent turn of events, Governor Kathy Hochul has vetoed Senate Bill S3100A, which passed both houses of the legislature in June 2023, and this proposed bill sought to ban all non-compete agreements in the State of New York. The decision has sparked debates and raised questions about the balance between protecting businesses and...Read More

For the end of the year, we have decided to focus on our favorite tips and strategies for becoming a Healthy CEO.  I am sure that you have heard of the concept of “NO-vember”: the month when you start saying NO to things that drain your energy and YES to those empowering, energy fueling activities...Read More