Schedule a FREE Consultation:
(212) 803-9025

The Airbnb Crackdown, ICE Raids, and The Man Who Cracked the Lottery

Partners' Picks - July Looking for something worthwhile to read the next time your subway is delayed? Here are some recommendations from the partners at BFK Law: Lee Bergstein The Man Who Cracked the Lottery (by Reid Forgrave, New York Times Magazine): This one will be a movie someday -- the story of Eddie Tipton, the information-security director for the Multi-State Lottery, who used a simple piece of code to Read More

Business Law 101: How to Reduce Your Exposure to Lawsuits

Lawsuits are expensive, and we live in an increasingly litigious society. Business owners often cringe at the thought of having to deal with a legal claim. For some small businesses, a lawsuit could completely undermine their business, which may mean that it has to close its doors. Companies large and small should take steps to minimize their exposure to potential liability. You can do that by using the following Read More

4 Advantages Real Estate Lawyers Have Over Title Insurance Companies

When you buy a home, you are provided the title to the property. That title gives you legal ownership that is based on the specific type of title you receive. In some situations, there is a mistake in the title that can affect your rights to a property. It could even mean that someone else has legal rights to your real estate. Title insurance provides you with some protection if this type of defect is found. As Read More

What to Do if You Are Under Investigation for Tax Fraud

The Internal Revenue Service (and the tax agency for the state you live in) has extensive investigatory powers. Although an investigation  does not automatically mean that you will be charged and convicted of tax fraud, it can certainly lead to those adverse consequences. That means that you should take the process seriously and get help. The following tips and suggestions are a good starting point if you get a Read More

The 4 Elements of Commercial Lease Agreements

Commercial leases are far more complicated than the average residential lease, and they are much more important. A business or individual who enters into a commercial contract does not have most of the same protections that a residential lessee would have. That means that including terms that will protect you and provisions that truly embody the agreement between the parties is critical. Below are the must-have Read More

The Basics of New York Title Reports

Buying property in New York can be both an exciting undertaking and a unique challenge. When it comes to real estate in the Empire State, you have to pay close attention to the details. How do you know you're making a good deal, free of risks and liabilities? That's where the title report comes into play. The Role of the Title Report When you're in the market for a new property, you'll have to comb through a Read More

Why Do So Many Companies Choose to Incorporate in Delaware?

What's the deal with Delaware? For years companies have flocked to the state in order to incorporate, despite the fact that very few of those corporations are actually headquartered there. You may have heard that Delaware's tax laws are particularly advantageous to big companies, but it doesn't end there. Let's take a look at the main reasons why so many corporations choose to incorporate in the First State. 1) Read More

Why Buy: This Could Be the Perfect Time to Buy Your Dream Home

Over-dramatic headlines bashing the housing market--both its options and affordability--can make it hard to get excited about buying a house. In fact, it can feel flat out disheartening. The decision to buy a home is a big one and you should feel excited and confident about it, not anxious and uneasy. Here’s the good news; It is a great time to buy a home. Take the right approach by following these Read More

The 5 Things Every Real Estate Purchase Agreement Should Have

Whether you're buying or selling your home or an office location for your business, every real estate purchase requires a contract. How do you make sure that contract is valid, beneficial to you or your business, and legally enforceable? Every real estate purchase agreement should include these key elements to make sure you're getting the most out of the transaction. 1) The Basic Legal Requirements Real estate Read More

A Step-by-Step Look Into the Process of Sealing Criminal Records in New York

If you’ve ever been charged with a crime, you’re naturally going to be worried about having a criminal record. It has the potential to haunt you for the rest of your life, limiting your job prospects and denying you access to certain public benefits and professional licenses. Is there any way to clear your record, or at least make the contents unavailable to anyone outside of law enforcement? New York law does not Read More