Effective immediately, Yonkers has a new Real Property Transfer Tax Form. This form can be found on Judicial’s website or click here for access. It can be identified by the notation “REV. 07-2018” on the bottom left corner of the document. Previous versions of this form will not be accepted by Yonkers.
The Financial Crimes Enforcement Network (FinCEN), a bureau of The United States Treasury Department, has extended its existing Geographic Targeting Order (GTO) issued under United States Code Title 31 Section 5326. This order, effective as of May 21, 2018, authorizes the Treasury Department to collect information about certain transactions in specified geographic areas in furtherance […]
By Richard J. Sobelsohn Richard J. Sobelsohn is vice-president/legal with Cohen Brothers Realty Corporation in New York, New York, an adjunct professor of law at Brooklyn, Cardozo, Fordham, and New York Law Schools, and chair of the Economics, Technology and Practice Methods Committee. When discussing the nuanced leasing for design centers, one must first […]
FinCEN has extended the Geographic Targeting Order (GTO) which expired on August 22, 2017. The extended GTO is effective September 22, 2017 and expires March 20, 2018. The definition of a Covered Transaction remains the same except that, pursuant to Section II(A)(2)(iv) of the GTO a purchase made, at least in part, using currency or a […]
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 […]