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Squatters’ Rights and Adverse Possession in Real Estate

By Janet Howard Under New York Consolidated Laws, Real Property Actions and Proceedings Law - RPA § 501; and for the purposes of this article:  Adverse possessor is a person or entity and is an “adverse possessor” of real property when the person or entity occupies real property of another person or entity with or…
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Home ownership, Property, Real estate
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What Kinds of Property Deeds Are There?

By Susan M. Keenan The legal documents used to transfer titles to real estate are referred to as property deeds. The names of the legal owners to the real estate are placed directly onto the property deeds. Each time a piece of real estate is sold, a new property deed must be issued. The two…
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Deed transfers, Real estate
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Home Prices Are Dropping: How Far Are They Falling

Home buyers pinching their pennies should rejoice: Existing-home prices are continuing to drop. Sorry, sellers! The median price of an existing home (i.e. one that has previously been lived in) fell 0.24% from September to hit $247,000 in October, according to the most recent National Association of Realtors® report. And as cash-strapped would-be buyers are…
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