News & Views — Featured Articles
Purchase of Notes and Deeds in Lieu of Foreclosure
By Jonathan Mehl, Esq. Many real estate investors have recently been purchasing notes from lenders where the current borrowers are in default. While such an investment can be lucrative, there are potential legal pitfalls. An investor should beware and take proper precautions....
Small Business Tax Act Before Congress
By Vincent Vienna CPA JD MBA, Smolin Lupin Co. Pending President Barack Obama's signature, a new piece of legislation may help put small businesses at a tax advantage. The Senate passed the Small Business Jobs Act of 2010 on September 16 by a vote of 61-38. The bill will now go on to the House...
Effects of Carpet on Exterior Masonry Balconies
By Mitchell H. Frumkin, PE, RS, CGP, President of Kipcon Inc. Balconies can be a promotional highlight of a residential building, giving the unit owners the opportunity to step outside and enjoy the view. While sipping evening coffee and reading a good book, most people will notice the cool...
Are “e-signatures” Enforceable in New Jersey
By Christopher J. Hanlon Esq. of Hanlon and Niemann P.C. With the continuing evolution of digital technology, opportunities are available to many businesses to enter into contracts with parties electronically. In fact, given the internet – savvy public’s desire to...
Federal Lead-Based Paint Renovation, Repair and Painting Program Effective April 22,2010
By the law firm of Levy, Ehrlich & Petriello, P.C. The Lead-Based Paint Renovation, Repair and Painting Program is a federal regulatory program affecting contractors, property managers, and others who disturb painted surfaces. It applies to residential houses, apartments, and...
Residential Tenant Responsibilities in New Jersey
By Derek D. Reed, Esq. & Bruce E. Gudin, Esq. of Levy Ehrlich & Petriello, PC A written lease agreement is a road map for any tenancy. It sets forth the terms, specifies the rent and encompasses a wide range of responsibilities to which a tenant is required to conform. However,...
Six Ways Software Can Help Property Managers
By Chris Thorman of Software AdviceIf you’re like most property managers, your work day is stuck in the 20th century. Rent checks are collected through a metal drop box. Brochures sit idly by outside of your office. Your web site consists of one page with a phone number, e-mail address and a...
Occupants Who Become Residential Tenants Without Landlord Consent: The Golden Peak Extension
By Chris Hanlon, Esq. of Scarinci Hollenbeck In 2007 the Supreme Court decided Maglies v. Estate of Bertha Guy, 193 N.J. 108 (2007). In that case the Court was considering when an “occupant” permitted by the landlord to reside in the premises, could be protected by the...
“Heating Oil Storage-What Every Home Owner Should Know-The Basics!”
By Lee Wasserman of LEW Corp. There are literally 100,000’s of Underground Storage Tanks (UST’s) located throughout New Jersey. The vast majority of these UST’s are used as the primary source of heating fuel in many of our homes. Heating oil is widely used for...
It is FINAL, It is LAW & It is MAJOR
By Lee Wasserman of LEW Corp. In April 2008 a new law was passed that is being phases in over a 2 year period. the United States Environmental Protection Agencies (EPA) Renovation, Repair and Painting rule 40 CFR Part 745 and its requirements to become a Certified Lead Safe Renovator and...