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Real Estate Management

Often real estate companies take on the role of real estate management. Occasionally they take on part of the role and at times they take the full responsibility for the property. Since each owner could have different needs, a good Real Estate Management company will often adapt to suit the owners needs.

Our New York Real Estate lawyers can help with Real Estate Management legal matters

Definitions:

Owner shall refer to any individual or entity that owns a building (i.e. landlord), or any board of directors of a cooperative housing corporation, any board of managers for a condominium, or any individual or entity that has been granted control of real estate by court order or decree

Manager shall refer to an individual manager who is in control and is responsible for the day-to-day operations of a property.

Management Company shall refer to an independent management company of which the manager is an employee, officer or director.

Tenant shall refer to rental tenants, cooperative shareholders, and condominium unit owners, as their interest appear.

Certified Property Manager is awarded by the Institute of Real Estate Management (IREM) of the National Association of Realtors to professional real estate managers who have distinguished themselves in the areas of experience, education, and ethical conduct. It is awarded only after rigid standards have been met.

Businesses Supplying Property Managers:

• Property management firms
• Full-service real estate companies
• Development companies
• Commercial banks
• Other employers: Corporations, Insurance companies, Colleges & Universities, Charitable organizations

There is no better manager for your real estate investment than someone who has both on-the-job training and the expertise of a Certified Property Manager. Put your investment in the hands of a qualified professional.

Our New York Real Estate lawyers can help with Real Estate Management legal matters

NEW YORK REAL ESTATE NEWS ARTICLES
 
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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.

More Real Estate Terms >


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.

REAL ESTATE TOPICS



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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