One of the most important—and complicated—steps that homebuyers must make is applying for a mortgage. A mortgage is a legal agreement regarding the home loan. It assures the bank, or any other lender, that the homeowner will repay their loan. Applying for a mortgage...
Sound Legal Advice And Representation For Clients Throughout New York
Month: July 2019
Not everyone benefits from New York’s new minimum wage
Lawmakers and news sources alike proclaimed that New York was the first state to establish a $15 minimum wage—which is now the highest in the country. And while raising the minimum wage is a significant benefit for many workers, it may not affect everyone the same....
Recent case brings up the FLSA’s unique settlement requirements
A judge in New Jersey’s federal district court recently refused to dismiss a case filed under the Federal Labor Standards Act (FLSA), even though the parties appear to have settled. The case, Kessler v. Joarder Props., LLC, highlights an interesting aspect of cases...
How common is gender discrimination in the workplace?
Gender discrimination in the workplace is unfair treatment of an individual based on gender. Over 40% of women reported that they have faced gender discrimination in the workplace compared to 20% of men. Examples of workplace discrimination based on gender may...
New reverse mortgage law requires both sides to bring an attorney
A bill passed in the New York legislature focused on protecting against deceptive practices by reverse mortgage lenders is headed for the Governor’s desk. By reinforcing what many lenders in the business are already doing, lawmakers aim to formalize rules that will...
Motor Carrier Exemption leaves truck drivers out of overtime pay
A judge in New York’s Eastern district recently dismissed claims by employees of an armored truck company that their employer was violating federal overtime laws. The court found that because the employees’ job duties fell under the FLSA’s Motor Carrier Exemption,...
Fees in real estate transactions: Who pays for what?
Buying or selling real estate is often the biggest transaction someone is a party to in their everyday life. The purchase price may already lead to sticker shock, only for someone to realize there are additional fees to be paid. What fees can buyers and sellers expect...