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New York City Environmental Control Board Violation

An ECB violation is a notice that a property does not comply with a provision of the NYC Building Code and/or NYC Zoning Resolution. ECB violations are resolved at the Environmental Control Board, an administrative law court, where a civil penalty may be imposed although the violations are entered against the property in the Department of Buildings Buildings Information System (BIS).

Resolving an ECB violation imposes two obligations: (a) to pay a civil penalty and correct the violating condition, and (b) to file a Certificate of Correction with the Department of Buildings at its main office either by mail or in person. To certify correction, file a Certificate of Correction form with accompanying proof that the condition has been corrected. If the Department accepts the proof, the property's record in BIS will show that the violation was corrected and certificate accepted. If a violation is dismissed at ECB, it will continue to appear as "open" in BIS until acceptable proof is submitted that the violating condition has been corrected even if the penalty imposed at ECB has been paid.

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  Real Estate Terms


FAIR MARKET VALUE
-The hypothetical price that a willing buyer and seller will agree upon when they are acting freely, carefully, and with complete knowledge of the situation.

PMI
-Private Mortgage Insurance; privately-owned companies that offer standard and special affordable mortgage insurance programs for qualified borrowers with down payments of less than 20% of a purchase price.

Real Estate Investment Trust REIT
- Mortgage REITs deal in investment and ownership of property mortgages. These REITs loan money for mortgages to owners of real estate, or invest in (purchase) existing mortgages or mortgage backed securities. Their revenues are generated primarily by the interest that they earn on the mortgage loans.

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Our New York Real Estate Lawyers can help you with real estate contracts and with many of the topics below, contact the New York real estate lawyers now.

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DID YOU KNOW ?

ALTERNATE DISPUTE RESOLUTION (ADR) can be a real estate legal option

This is A range of different forums and processes which can be utilized to resolve a dispute.

For example arbitration, collaborative problem-solving/consensus-building, negotiation, facilitation, mediation and conciliation.

Acceleration clause is a real estate contract option

A provision in a mortgage, trust deed, promissory note or contract for deed (agreement of sale) that, upon the occurrence of a specified event, gives the lender (payee, obligee or mortgagee) the right to call all sums due and payable in advance of the fixed payment date.

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NY State Published Real Estate Guide

New York State Attorneys Office on Tenant Rights, This is a guide on NY Tenent's Rights published by NY State. Read More >

Additional free copies of "Tenants' Rights Guide" are available from the New York State Attorney General's Office, 120 Broadway, New York, NY 10271 or from any regional office of Attorney General Eliot Spitzer.

 


NY real estate lawyers handle legal cases related to real estate laws for New York, the surrounding states and following areas:

  • New York
  • NYC
  • Brooklyn
  • Bronx
  • Queens
  • Long Island
  • Staten Island
  • NY Metro Areas

 


 

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