Real estate transactions in New Jersey involve more than just a handshake and verbal agreements. The "Statute of Frauds" rule applies here in real estate dealings. What does "Statute of frauds” mean? The "Statute of frauds" is a legal rule that demands specific...
Buyers and sellers of real estate in New Jersey have plenty of concerns. So do renters. When it comes to real estate issues, challenges can come from every angle. Zoning issues can be of particular concern if you have a certain use in mind for your real estate, or for...
There are many people in southern New Jersey who make their living as real estate brokers. Being a broker can be rewarding, both financially and personally, especially if a person has an interest in homes or commercial buildings. However, brokers also have to navigate...
Depending on the type of property that you own, property taxes can be quite burdensome. In fact, some people, especially those who own commercial property, can see tens of thousands of dollars in taxes being levied against them on an annual basis. This can threaten...
Many New Jersey businesses may ultimately decide that their best option for securing space is to enter a lease rather than buy commercial property outright. On the other hand, many residents of this state own commercial land, including space inside malls and shopping...
The turmoil of the past year and a half have made big changes in New Jersey's commercial real estate market. With more people working from home, the markets for retail and office space have gone quiet. Many employers have adjusted and may never go back to fully...
Establishing a limited liability company to anonymously purchase property was a method to launder illegal money until recently. A new law passed last year, the Corporate Transparency Act, closed loopholes. But new legal requirements could impact and delay real estate...
In New Jersey, a common concern for property owners is the hefty taxes that they pay. The current and ongoing health crisis is making it increasingly difficult for residents, so much so that the state’s congressional delegation is asking for concessions as part of the...
Businesses seeking to build and expand in New Jersey do so with the goal of fostering improvement to their own bottom line and hopefully helping the community in which they are building. Even with the positive aspects of a commercial project, there will undoubtedly be...
Developing new properties and investing in real estate is virtually pointless if you do not thoroughly draft and review your contracts. A poorly made contract can create confusion over expectations and materials and it can even lead to legal damages. Every major...
