Getler Gomes and Sutton PC

The real estate industry is among the most litigated sectors. The coming year will be no exception as a number of legal issues will be resolved in courts.
In New York, for example, Governor Kathy Hochul recently announced a proposal to fix problems with housing supply. Her proposal is to change laws that regulate the density of housing.
The current law in New York limits the floor area ratio of a dwelling to 12. The city of New York wants greater autonomy to address issues of housing density....

Trends in real estate occur due to major changes in society from increased local populations to the passing of new real estate laws. All buyers, sellers and investors should understand that real estate trends are volatile and could change at anytime.
Interest rates will remain stable
Mortgage interest rates have remained stable for years with little variation. Whenever the rate changes, it’s a small fluctuation that does not become too high or too low. Since 2021, the average rate has been 3....

Taking on a pro bono case is recommended to every lawyer at some point in his or her career. It’s a way for lawyers to give back to the community and satisfy their work experience requirements. There are plenty of good reasons why professionals should consider working pro bono in real estate law.
Practice Before Stepping into the Real World
Pro bono work allows lawyers to gain experience and learn more about practicing legal work if they’re not ready to handle real cases. For an exceptionally...

There’s no denying that the digital revolution has increased the competitive nature of commercial business, but it has also given entrepreneurs and small business owners more resources. Digital marketing has exploded in recent years, providing free, low-cost, and premium marketing solutions to fit every budget. The following tips will help you use these resources more effectively to grow your business.
Keep an Eye on Your Competitors
When you created your business plan, one of the things you ...

The COVID-19 pandemic has hit the legal industry particularly hard. Lawyers have retained their work but have experienced a severe backlog of cases and increased deadline pressures. One year later, the industry is recovering well from the effects of the pandemic and more effectively than other industries have.
Case Management Systems
Court systems across the U.S. have faced an overloaded backlog of civil and criminal cases. To reduce their workloads, prosecutors and other court officials are ...

Increased digitalization and automation have affected how legal services are offered. The legal profession has been going through a moment of profound changes. New technology and globalization have transformed the entire global economy, with tech companies and startups domineering international markets. Hence, traditional businesses should either innovate new strategies or get out of the market. The legal industry is facing an identity crisis to keep up with the changes. Below are tips that o...

Real estate development involves a wind variety of activities, including buying land and managing a project from the initial planning stage to the completion stage. To successfully assess the risk across a project, you require knowledge of property, the market, economics, finance, town planning, construction processes, and the marketing of real estate projects.
The information is essential because two factors, the project type and stage, significantly influence the risk of the project. For ex...

Many individuals seek to be real estate investors. The reason why they want to be real estate investors is because it makes quite a bit of sense. For instance, individuals are able to increase their net worth, add to their wealth, and use quite a bit of leverage in these operations. Why wouldn’t one want to get involved in the real estate industry?
But it is necessary to be capital efficient as one joins this sector. This means that one must have knowledge of the overall processes, laws, and ...

Over the past year, the COVID-19 pandemic has caused significant disruptions among countless industries. The pandemic has had an especially difficult impact on how it works as an industry for real estate development. This is especially true for real estate development in New York City. With the effects of the pandemic starting to subside in recent weeks, it is important to understand how real estate development has recovered in New York City and how that could impact professionals who work wi...

When you come across a complex legal situation, you’ll need an attorney’s expertise to help you achieve a favorable outcome. This is as true in business matters as it is in criminal or family law matters. The quality of the attorney you hire will determine the outcome you can achieve in your legal situation or dispute. Here are some tips to help you choose the best attorney for your situation.
Look For Experience
The first thing you should look for in an attorney is experienced, and this invo...

When thinking about real estate investments, one must consider what regulations govern the sale or purchase. Federal and state laws apply when a homeowner wishes to rent out, sell or demolish to redevelop a property. Navigating your way in a legal document with provisions in multiple laws can prove challenging for an amateur lawyer or a citizen whose legal interest starts and ends with acquiring a home or renting one. What then are some of the terminologies one ought to be familiar with in re...

Most people don’t consider hiring a lawyer until they need one. That usually means they are in some kind of trouble or that some other party has created trouble for them. But there are circumstances in which you should consider engaging legal counsel before anything happens. One of those is when you are about to launch a renovation of your home or some other property you own.
Renovating is an excellent way to improve your living space and increase the value of your property. It can also be a ...

In the next five years, property disputes will be front and center in one of the hottest real estate markets in the United States – Los Angeles. This city is undergoing a significant amount of growth, and property values are rising. With all this going on, several challenges that can occur for both buyers and sellers have been increased to the forefront. One of these challenges involves litigating disagreements over what a buyer’s contract would contain. As a result, the Hollywood Hills area ...

For years, investors have regarded commercial real estate as a better investment plan than corporate bonds. The reason for this is that real estate has proven to have better returns and less risk. However, this changed in 2018 due to the COVID pandemic that hit commercial real estate especially hard.
The pandemic had various impacts that lead to a decline in the market. Below is an overview of the significant impact on the commercial real estate market.
Short-Term Rent PainsData collected fro...

In general, it’s a good idea to consider hiring a real estate attorney to represent you in a new home purchase. This is because the seller, lender, and even the realtor will all be looking out for their own interests, and that may leave you at a disadvantage. A few of the ways a real estate attorney will protect your interests are listed here.
Review Purchase Agreements and Other Documents
Your real estate attorney has the experience and knowledge that will allow him to gain a full understand...