Real Estate Law

Changes to New York STAR program

Changes are coming to the STAR program in 2018

Changes to the STAR program agreed to in compromise negotiations in April 2016 between Gov. Cuomo and the legislature mean that beginning in the year 2018, new homeowners will no longer get the STAR rebate as a reduction on their school tax bill.

Instead, homeowners can apply for STAR on […]

New mortgage lending disclosures August 1, 2015

Beginning August 1, 2015 the HUD-1 Settlement Statement will become history. The Consumer Financial Protection Bureau has replaced this form that dates back to 1964 with the new “Closing Disclosure” and the new law will impose strict deadlines for disclosure prior to closing. Moreover, lenders will be subject to strict fines for failure to […]