Scams, Scams, and More Scams
A business customer comes to a bank, opens an account with copies of corporate papers proving incorporation...
Don't Forget Your Annual Zombie Housing Law Exemption Filing
New York’s Zombie Housing Law requires, in general terms, foreclosing mortgagees to maintain and secure 1-4...
Why Should I Worry About The European Union’s General Data Protection Regulation (GDPR)?
The GDPR is a regulation of the European Union that seeks to put control over the personal data of EU resid...
Cooperatives Should Obtain Maintenance Guarantees from Third Parties to Facilitate Apartment Sales
In the past, many cooperative apartment Boards approved the sale of an apartment to a buyer with questionab...
More Fun With The Fair Debt Collection Practices Act
In my April 15 blog, I urged banks to dumb down their collection letters because whether a letter is mislea...
I Didn’t Read What I Signed So I’m Not Responsible!
Nice try, but not in New York, at least in commercial transactions where there was no other hanky panky.
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The Law Of Unintended Consequences - Reusing Appraisals After New York Rent Laws Were Revamped
Last month, New York State’s residential rent statutes were substantially rewritten.
Don’t Ignore An “Out Of The Blue” Documentary Collection Even If You Don’t Handle Trade Finance
A bank gets an overnight courier package with a bill of lading for goods shipped from India along with a dr...