by Dennis Valet | Nov 1, 2022 | Litigation
The American Rule The Court of Appeals in Sage Systems, Inc. v. Liss took the opportunity to remind practitioners that when contracting to supersede the American Rule to costs of litigation — “a prevailing party… generally may not recover...
by Dennis Valet | Oct 26, 2022 | Foreclosure, Litigation
Knocked Down, But Not Out The recent First Department decision HSBC Bank USA, N.A. v. Eliezer Rubin is a tale of back and forth foreclosure litigation with each party enjoying their time in the sun. Commenced in 2008, the mortgagee enjoyed initial victory with a...
by Dennis Valet | Oct 12, 2022 | Real Estate Brokerage
Mandatory Disclosures and Notices Every year seems to bring a new disclosure or notice requirement for real estate brokers. But just what is required these days, and how do brokers comply? Below are just a few of the disclosures and notices that real estate brokers...
by Dennis Valet | Oct 4, 2022 | Real Estate Brokerage
Two Simple Words Procuring cause. Two simple words that often dictate whether a broker is entitled to a commission. Real estate brokers and salespersons hear this phrase all the time and understand its importance, but what does it really mean? Why It Matters New York...
by Dennis Valet | Sep 30, 2022 | Real Estate Brokerage
Arbitration For Real Estate Brokers Members of the National Association of Realtors (NAR), by virtue of their association with NAR and its local boards (LIBOR, HGAR, HANFRA etc.), are bound by a code of ethics and are subject to mandatory arbitration of disputes...