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In An RPAPL 881 Proceeding, Appellate Division Finds That A Licensor May Be Entitled To Recover Damages When Licensee Fails to Provide Proof of Sufficient Insurance[1] 

The adequacy

Continue Reading In An RPAPL 881 Proceeding, Appellate Division Finds That A Licensor May Be Entitled To Recover Damages When Licensee Fails to Provide Proof of Sufficient Insurance

Governor Signs Bill Limiting Amount Which May Be Withheld For Retainage On Private Construction Contracts[1] 

On November 17, 2023, Governor Hochul signed a bill[2] which, among other

Continue Reading Governor Signs Bill Limiting Amount Which May Be Withheld For Retainage On Private Construction Contracts

On August 8, 2022, the Governor signed a bill amending Real Property Tax Law 467(3)(a), “increasing the amount of income property owners may earn for the purpose of eligibility for
Continue Reading Governor Signs Bill Expanding Eligibility for the Property Tax Exemption for People Over 65 and People with Disabilities and Limited Income

“This bill seeks to protect workers from corporations and their agents that fail to comply with safety protocols by amending the penal code to create new offenses and substantially increasing
Continue Reading New York State Senate Enacts “Carlos’ Law” Imposing Higher Fines Involving Death Of A Construction Worker

“On December 21, 2021, the Real Property Law was changed to require that before appointment as an office manager, an associate broker shall have been active as a licensed associate
Continue Reading Real Property Law §440(6) Amended To Require Office Manager To Have Been Active As Licensed Associate Broker For At Least Two of The Four Years Prior to Appointment

“On December 21, 2021, New York Real Property Law section 442-h (rules of the Secretary of State relating to real estate brokers and salespersons) was amended to require, in part,
Continue Reading Governor Signs Bill Requiring Real Estate Brokers To Institute Standardized Operating Procedures For The Prerequisites Prospective Homebuyers Shall Meet Prior To Receiving Any Services

On November 7, 2021, the Governor signed a Bill known as the “Anthony Amoros’ Law”, that “prohibits used car dealers from selling vehicles at retail without a functioning airbag.”[1]
Continue Reading Airbags Save Lives: Governor Signs Bill Prohibiting Used Car Dealers from Selling Vehicles Without a Functioning Airbag