Real Property

Home » Real Property

CONDO AND COOP RULES OF THUMB: THE BASICS

Before purchasing an apartment in a building in New York City, it helps to understand the difference between the two main options:  a condominium and a cooperative building.  The biggest difference between the two lies in what ownership entails.  In a coop, a unit...

read more

CONQUERING THE DIVIDE: THE FINAL STEPS

So you have made the decision to proceed with a partition to divide or sell jointly-owned property.  Much like with any other litigation, the question of “how it works” naturally presents itself. First, you must establish your prima facie entitlement to partition by...

read more

CONQUERING THE DIVIDE: TO SELL, OR NOT TO SELL?

You have decided that you cannot continue to co-own the house or apartment building or farm that you inherited with your siblings, so you are seeking a partition.  The question is, do you split the property or do you sell it and split the proceeds from the sale? The...

read more