Easements are a very common type of property encumbrance. They're commonly used, for example, to give utility companies access to power lines, pipes and similar structures.
Sometimes, when you are in the process of purchasing a piece of real estate here in New York City, you will run into a zoning problem. Often, this is a result of not doing your due diligence prior to signing the purchase agreement.
New Yorkers have a long history of real estate disputes with their neighbors and developers. Take for instance the case of the spite house on Manhattan's Upper East Side.
You've found a lovely home, and you're seriously considering purchasing it. There's just one problem: You can tell that the home has been remodeled and you suspect (or know) that the owner never got the required permits.
A good fence can protect your property from intruders, safely corral your dogs or kids in your yard and serve as a marker for the boundary between your property and another's. Bad fences, on the other hand, can be an eyesore and a detriment like no other.
A real estate purchase can be both a significant emotional and financial investment for a lot of people -- which means that a lot of people respond to problems with a purchase-gone-bad by filing lawsuits. Sometimes, those lawsuits are aimed at real estate agents.
The popularity of do-it-yourself remodeling shows on television these days has inspired homeowners everywhere to tackle both large and small renovations on their own.
New York's real estate market is famous for a cutthroat attitude and the victor claiming the spoils. But even the most powerful and ruthless sellers and developers are restrained by the law. There are limits to how far someone may go to protect their interests in real estate.
If there's a cardinal rule to real estate development that everyone should remember it's this: Get the zoning regulations down correctly before you start building.
You know where your yard ends and your neighbor's begins, right? Well, maybe not. The problem many homeowners run into is that they (and their neighbors) assume they know where the boundary lines are between their two properties, but they have incorrect information.