Serving clients in New York City, Long Island, and throughout New York State
For many people, real estate requires a substantial investment, whether in residential or commercial real estate, or both. For this reason, it is crucial that real estate documentation is done properly and your rights of ownership are protected, making your investment secure.
Real Estate Transactions
At Morrissey & Morrissey, we can assist you with a variety of real estate transactional matters which include, but are not limited to, the following:
- Purchase/sale agreements
- Co-owner agreements
- Financing/loan arrangements
- Joint venture sales or acquisitions
- Mortgage agreements
- Real estate litigation
Our firm represents clients in the resolution of real estate disputes. Sometimes, these disputes are not resolved through negotiation and make their way to court. Disputes over real estate often involve:
- Quiet title actions
- Entitlement issues
- Construction defects
- Land sale conflicts
- Homeowner disputes
- Co-owner disputes
- Landlord tenant disputes
Real Estate and Estate Planning
Ownership of real estate needs to be addressed during estate planning:
- Is single or joint ownership the most effective way to title the property?
- Should the landowner reserve the right to live in the property for life, known as a life estate, and transfer the other rights to the property (after death) to children or others?
- Would a reverse mortgage be appropriate to provide monthly income to cover bills?
These are questions we will ask when we meet to discuss your estate planning, the various options available, and how each will benefit you.
The need for nursing home or home care presents additional challenges, such as how to save your home and other assets. Our attorneys can review your finances and recommend the most appropriate legal solutions. While recent revisions in Medicaid laws have increased the complexity involved with planning for these benefits, we are well-versed in these changes and all aspects of estate planning as it relates to real estate.