News & Views — Featured Articles
The Continuing Evolution of Occupancy Control: The Supreme Court Weighs In On Maglies
By Christopher J. Hanlon, Esq. On December 12, 2007 the Supreme Court issued an Opinion in Robert Maglies v. Estate of Bertha Guy. This involves a Section 8 tenancy, but the decision will be used by tenant advocates to attempt to extend the rights of persons approved for...
New Jersey Construction & Mechanic’s Lien Law
By Gary Strong Esq. of Tesser & Cohen New Jersey has historically provided, by Statute, protection for certain construction contractors, sub-contractors, vendors and design professionals through the right to file a lien against privately owned property. Until April of 1994, these protections...
“Is Real Estate Still a Good Investment”
Some people think with the unstable, or declining, real estate market in many areas of the United States that real estate investing should be put on hold for the time being. However, we have many clients who think otherwise. Our clients invest in real estate, and other non-traditional assets...
Knowing Where the Lead Paint Isn’t:DCA’s Lead Safe Maintenance Regulation
The New Jersey Department of Community Affairs (NJDCA) Lead Safe Maintenance in multifamily dwellings may be more painful than chelation injections1 for property owners and managers in New Jersey. The regulation applies to three or more unit dwellings. If you don’t fall...
Selling Your Property? Critical Questions to Ask Before Signing that Listing
Selling your property? Critical Questions To Ask Before Signing That Listing You have decided to sell your property. In most cases it is the most valuable thing you own, and you are hoping to get top dollar for it— and sooner rather than later! Do not take the easy way...
Seasonal Pests
By Scott Linde of PestPlus Is there such thing as a seasonal pest anymore? To answer the above question, we 1st first ask ourselves, whatever happened to our conventional season where we had a spring and a summer and we knew what type of bug to expect at what month? While pest...
Are We Defrauding Our Lenders?
News & ViewsStephen Cea, Esq. In December 2006, the New Jersey Supreme Court’s Advisory Committee on Professional Ethics issued an Opinion (#710) addressing the ethical problem faced by attorneys dealing with real estate transactions that include a “seller’s concession”...
Redefining Risk Models
New & Views By Michael Toner, On-site.com Traditionally, Fair Isaac Corporation (FICO) was the data provider for credit models used throughout the residential real estate industry. But after years of significant errors and inconsistent scores, two new models were developed, i.e., Vantage,...
Tips On Being Able To Afford More Properties
News & Views By Rosalind Miller Choice, Licensed Real Estate Broker INVESTORS BENEFIT FROM UNDERSTANDING AND USING SELLER FINANCING Seller financing is an often used technique that remains a mystery to many real estate buyers and sellers. As a property owner understanding this type of...