Elad michael,

Real Estate Lawyer

NYC Real Estate Attorney Articles and Updates

Stay informed about New York City real estate laws, investment opportunities, and legal strategies with articles written by Elad Michael, NYC real estate attorney.

Understanding the Residential Real Estate Closing Process in NYC
2025-04-28 22:43 Understanding the Residential Real Estate Closing Process in NYC Purchasing or selling a home in New York City is a major financial event—and the legal process can feel complex and fast-paced. Whether you're a first-time homebuyer or a seasoned investor, understanding the residential real estate closing process in NYC is essential for a smooth transaction.   Here’s a breakdown of what to expect from the accepted offer to closing day. 1. Offer Accepted — But the Deal Isn’t Final Yet In New York, once an offer is accepted, the property is taken off the market. However, this is just the b...
5 Legal Tips for Israeli Investors Buying Property in New York City
2025-04-28 22:00 5 Legal Tips for Israeli Investors Buying Property in New York City Investing in New York City real estate can be a smart move for Israeli investors — but navigating the legal landscape is very different from buying property in Israel. To ensure a smooth and successful transaction, here are five essential legal tips every Israeli investor should follow:   1. Hire a Real Estate Attorney Early In New York, attorneys play a central role in real estate transactions — much more so than in Israel. Your attorney will handle contract negotiation, due diligence, and the closing process.   Tip: Ch...
New York Security Deposit Law: What Landlords And Tenants Must Know
2025-04-17 21:28 New York Security Deposit Law: What Landlords and Tenants Must Know     Article 7 of New York State’s General Obligations Law (“GOL”) governs the treatment of security deposits in rental properties. For free-market rental units in New York, the most relevant sections are GOL § 7-103 and GOL § 7-108. These laws are designed to protect tenants and ensure proper handling of their deposits.