Eric C. Rubenstein, a partner at Ruskin Moscou Faltischek, reviews an amendment to the New York State Real Property Law, effective the first of this year, that gives expanded rights to brokers, including requiring that the unpaid amount of a commission or the net proceeds of the sale, whichever is less, be deposited with the recording officer until the claims have been decided in court.
January 12, 2009 at 12:00 AM
1 minute read
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