News & Insights

Commission Agreements Conditioned Upon Verbal Agreements of Sale

INSIGHTS | By: | April 24, 2018

The Appellate Division, Second Department recently issued an interesting decision concerning brokerage commissions in Regency Homes Realty Group, Inc. v. Leo and Laura, LLC, 155 A.D.3d 1075, 1077 (2d Dept. 2017). The case illustrates that, although a brokerage...

New Legislation for the Town and Village of Southampton

INSIGHTS | By: | April 23, 2018

As of December 31, 2022 the Town of Southampton will discontinue its partial real property tax exemption program which is now available to eligible first-time home buyers of newly constructed or substantially altered and renovated homes. Town Code Section 298-36...

Collecting Unpaid Commissions – The Law Can Help You

INSIGHTS | By: | April 23, 2018

One of the occupational hazards faced by brokers is the fight to recover a commission after a transaction has been successfully completed. When a seller or landlord fails to pay the broker’s fee, the New York Real Property Law and, under some circumstances, the...