Real Estate Lawyers in Spring Valley

New York 1031 like-kind exchanges defer capital gains tax on real-estate sales when proceeds reinvest in similar property — strict 45/180-day deadlines + qualified intermediary required.

New York adverse possession requires 10 years of continuous, open, hostile, exclusive, and notorious possession.

New York property boundary disputes are resolved through surveys, deeds, adverse possession, acquiescence, or boundary-line agreements — but they're often more about neighbors than law.

New York construction defect claims are governed by statutes of repose (typically 6-15 years from substantial completion), pre-suit notice requirements, and warranty rules — but homeowners have real remedies if they act quickly.

New York earnest money deposits: 10% typical for residential coop / condo (deposited with seller's attorney). The deposit shows good faith and gives the buyer skin in the game; held in escrow until closing or contract termination.

New York easements give one party the right to use another's land for a specific purpose — utilities, access, drainage, conservation. Created by deed, prescription, necessity, or implication.

New York fair housing law — federal Fair Housing Act + state law — protects against discrimination in renting + buying based on race, color, religion, sex, national origin, disability, familial status, and (state-dependent) sexual orientation, source of income, etc.

New York foreclosure: Judicial. Typical timeline: 360-1100+ days (slowest).

New York HOAs are governed by recorded covenants/declarations and New York Condominium Act . Disputes commonly involve assessments, architectural-control decisions, rule enforcement, and board governance.

New York has TWO different homestead exemptions: one for property taxes and a separate one that protects equity from creditors.

New York eviction (non-payment): 14-day demand for rent (Housing Stability and Tenant Protection Act of 2019). Typical timeline: 60-180 days; NYC is far slower than upstate. Tenant-friendly posture overall.

New York lis pendens — recorded notice of pending litigation affecting real property — clouds title and stops sales until resolved. Powerful but limited to specific claims about the property itself.