Elad michael,
Real Estate Lawyer
Home
About me
Updates
Blog
Contacts
Client Testimonials
NYC Real Estate Attorney Insights, Legal Updates, and Investment Tips
Stay informed about New York City real estate laws, investment opportunities, and legal strategies with articles written by Elad Michael, NYC real estate attorney.
CEMA Loans in New York: How to Save on Mortgage Recording Tax
2025-10-04 18:03
CEMA Loans in New York: How to Save on Mortgage Recording Tax What Is a CEMA Loan? A Consolidation, Extension, and Modification Agreement (CEMA loan) is a specialized tool in New York real estate law that reduces the mortgage recording tax owed when a mortgage is refinanced or when a buyer acquires a property under certain conditions. Instead of extinguishing the old mortgage and recording a wholly new one, a CEMA consolidates the existing mortgage with the new loan into a single mortgage of record. This structure lets the borrower or purchaser pay the mortgage recording tax ...
Usury And Maximum Interest Rates In New York (2025): A Guide For Lenders And Borrowers
2025-09-20 10:22
Usury and Maximum Interest Rates in New York (2025): A Guide for Lenders and Borrowers Introduction What is the maximum legal interest rate in New York? Both lenders and borrowers ask this question when negotiating loans, private financing, or real estate transactions. Under New York usury law, charging interest above the legal limit can make a loan unenforceable, or even criminal. This article explains the usury limits in NY, the difference between civil usury (16%) and criminal usury (25%), and the key exceptions under New York law that every borrower, private lender, and r...
Fractional Real Estate Investing: Democratization Or Regulatory Grey Zone?
2025-08-23 20:08
Fractional Real Estate Investing: Democratization or Regulatory Grey Zone? Fractional real estate investing has become a popular entry point for retail investors seeking exposure to real estate with minimal capital. Platforms such as Arrived promise passive income and long-term appreciation, allowing users to invest as little as $100 into individual rental properties. Yet, beneath the sleek user interfaces lies a complex web of securities regulations, investor risks, and unresolved legal questions. This article explores the regulatory framework behind fractional investing, highl...
U.S. Mortgage Guide For International Buyers: Lender Requirements, Challenges, & Israeli Borrower Insights
2025-08-13 21:56
U.S. Mortgage Guide for International Buyers: Lender Requirements, Challenges, & Israeli Borrower Insights Buying a home in the United States as a non-U.S. citizen living abroad is possible, but it comes with unique challenges. Whether you are an international investor looking for a rental property in New York City, a vacation home in Miami, or a long-term asset in another U.S. market, understanding the mortgage application process for foreign nationals is critical. This guide outlines lender requirements, common pitfalls, and practical tips, plus special insights for Israeli buy...
Raising Capital For Real Estate Deals: Understanding Securities Laws And The Role Of PPMs
2025-05-13 22:29
Raising Capital for Real Estate Deals: Understanding Securities Laws and the Role of PPMs Raising capital is the lifeblood of most real estate investment deals—especially in high-cost markets like New York City. But if you're bringing in money from friends, family, accredited investors, or even the public, you're likely dealing with securities—and that means you must comply with securities laws. Whether you're syndicating your first multifamily deal, structuring a TIC (tenancy in common), or launching a Reg A offering to scale your capital base, understanding the legal ...