Blog Category: Real Estate
Update on Proposed NJ Home Improvement & Home Elevation Board
Mar 20, 2023 | Written by: | Share
As per my prior blog of March 23, 2022, New Jersey Assemblymen Moriarty and Mukherji introduced Assembly Bill AS2138 on February 7, 2022 to establish a professional licensing and regulatory Board of...
Tax Court Upholds Requirements for Farmland Assessment
Feb 15, 2023 | Written by: | Share
The New Jersey Tax Court recently upheld the longstanding precedent that a property owner must show an intent to properly care for crops or other farm products and an intent to sell such products in...
Bill Proposes to Establish NJ Board of Home Improvement and Home Elevation Contractors
Mar 23, 2022 | Written by: | Share
On February 7, 2022, New Jersey Assemblymen Moriarty and Mukherji introduced A2138, a proposed bill to establish the NJ Board of Home Improvement and Home Elevation Contractors, a professional...
Landlords and Tenants: Remember NJ’s Anti-Discrimination Law Also Applies to You!
Jan 31, 2022 | Written by: | Share
A recent unpublished opinion from NJ’s Appellative Division, Kravits v. Royal Oaks Apartments, LLC and Metroplex Management, LLC, Docket No. A-1686-20 (decided January 27, 2022) is a good reminder...
“Time Is of the Essence” Clauses in Residential Real Estate Contracts
Jan 28, 2022 | Written by: | Share
When buyers or sellers enter into a contract of sale for the purchase or sale of residential real estate in New Jersey, they often think that the closing date written in the contract is set in stone...
NJ Tax Courts Continue to Uphold High Standards for Appraisals
Jan 28, 2022 | Written by: | Share
In a series of opinions issued in late 2021, New Jersey Tax Courts continued to uphold high standards for the acceptance of real estate appraisals at trial. Specifically, the Tax Court continues to...
Mortgage Lender Has Implied Duty of Good Faith and Fair Dealing
Nov 2, 2021 | Written by: | Share
In a small victory for common sense and fairness, the NJ Appellate Division re-affirmed the principle that a mortgage lender owes an implied duty of good faith and fair dealing to the borrower and...
Smoke Detector, Carbon Monoxide and Fire Extinguisher Certificates
Nov 1, 2021 | Written by: | Share
There are many steps a potential home seller or landlord must take in preparing for a sale or a lease. In New Jersey, state law (NJ Admin. Code § 5:70-2.3) requires that the seller or landlord of...
New Jersey Real Estate Transfer Fee
Jul 21, 2021 | Written by: | Share
Sellers of New Jersey real estate are sometimes surprised to find that they are responsible for the payment of a fee that is charged by all counties in the state at the time of the closing. This...
Powers of Attorney
Jun 10, 2021 | Written by: | Share
A power of attorney can be a useful document in many situations. It can allow individuals the ability to select who will handle their affairs if they cannot do so, either temporarily or for a longer...