Question: I am a transactional attorney who works closely with real estate developers, many of whom are in the business of developing condominiums. I would like to have a better understanding of the powers bestowed upon the New York Attorney General when it comes to regulating real estate offerings. Could you provide an overview?

Answers: Many people say there is no state attorney general in the country with as much power as the New York State Attorney General (AG). There are two laws, in particular, that give the AG’s Office its power—the Martin Act and the Executive Law. There are others, but for the purposes of this article, I will focus on these two laws and provide the general overview you seek.

The Martin Act: New York’s Blue Sky Law