The New York State CLE Board has announced the following changes in CLE requirements: 1)  Effective January 1, 2018, a new category of CLE credit in New York: “Diversity, Inclusion and Elimination of Bias” will become effective.  You may view the definition of the new category of credit and a related Provider FAQ at: http://www.nycourts.gov/attorneys/cle/Eff-010118-NewCategoryCLE-Credit.pdf 2)  Experienced […]

The New York State Department of Financial Services (DFS) has proposed legislation that, if enacted, will have a major impact on services provided by The New York State title industry. Proposed Insurance Regulation 208 includes the elimination of title company marketing expenditures, substantially reduces ancillary fees associated with the production and processing of title applications, […]

by Louis Petralia Choosing the right guides is key to a successful real estate transaction. Guides include a licensed real estate agent, real estate attorney, as well as a loan officer and a licensed home inspector for a buyer.    Select competent, experienced professionals familiar with local practice and neighborhoods.  Choose a person, not a company […]

By: Pamela A. Michaels, Esq. With prices in New York once again hitting records highs, investors are selling properties at an unsurpassed pace. In addition, with most Northeast investors being subject to capital gain tax rates in excess of 30%, more investors are turning to Section 1031 exchanges to defer capital gain taxes on the sale […]