Starting a Limited Liability Company (LLC) is a popular choice for many entrepreneurs due to its flexibility and the personal liability protection it offers. However, many new business owners overlook a critical component that is vital for both the smooth operation and the future success of the business: the operating agreement. What is an Operating...Read More

As we have discussed previously here, there are so many moving parts when it comes to a real estate transaction, on both the buyer’s and seller’s side. There are certain tasks that each party has to complete in order to close a transaction and a team of professionals that is helping them complete each task....Read More

On September and October 2023, we published a blog post regarding the Real Property Condition Disclosure Statement in New York. On September 22, 2023, Governor Hochul signed legislation that struck the portion of the statute permitting a seller to give a purchaser a credit of $500.00 in lieu of the Real Property Condition Disclosure Statement....Read More

With the start of the busy real estate season right around the corner, we thought it would be a good time to talk again about the team that works together to get a buyer (and seller) to the closing table. Purchasing a home is one of the largest investments that people make in their lifetime....Read More

When venturing into the realm of homeownership, the excitement of finding your dream home can sometimes overshadow the practicalities of the buying process. Among these, conducting a thorough property inspection stands out as a crucial step that should never be overlooked unless there is a specific reason that warrants waiving it. This blog post delves...Read More

In the hustle and bustle of day-to-day operations, it’s easy for business owners (Amy and I included) to get caught up in the present moment. Yet, amid the daily grind, there’s one crucial aspect that often gets overlooked: succession planning. Whether you’re a family-owned enterprise, a small startup, or a large corporation, having a solid...Read More

Buying or selling a property in New York, one of the most bustling real estate markets in the world, can be a daunting task. It involves navigating through a complex web of legal documents, with the real estate contract being one of the most crucial. In this blog post, we will explore the essential provisions...Read More

Leaving a job can be a challenging and emotional process, especially if you have been there for quite some time. Whether you’re departing on amicable terms or facing an involuntary separation, it’s crucial to understand the ins and outs of your severance agreement. A severance agreement is a legally binding document that outlines the terms...Read More

As the year draws to a close, it’s not just the festive season that should be on your mind, but also the ideal time to review your company’s employee handbook. This vital document serves as the DNA of your workplace, outlining expectations, procedures, and the culture you’re building. But why is an end-of-year review so...Read More

On November 1, 2023, Governor Hocul signed a bill entitled the “Notary Bill” that eliminates the requirement that an affidavit be notarized in a civil case. The law goes into effect on January 1, 2024 and applies to all actions commenced on or after that date. The Notary Bill amends New York’s Civil Practice Law...Read More