Following mounting public pressure in November and December of last year, on December 30, 2022, Governor Kathy Hochul signed into law the Foreclosure Abuse Prevention Act (“FAPA”) (A7737B). Originally introduced by Senator James Sanders, Jr. of the 10th Senate District on March 8, 2021, FAPA spent nearly two years making its way through New York’s

A contract is a legal agreement between two or more parties that the law permits to be enforceable. To create a contract, one party needs to make an offer with terms and conditions that are accepted by the other party and include the exchange of consideration between the individuals or parties involved in the contract.

Without a doubt, purchasing any type of property is exciting, but it is equally stressful and overwhelming at the same time. You are investing a huge chunk of money and you don’t want to make any wrong decisions. Real estate closings in New York can be complicated, especially for first-time buyers. From submitting the mortgage