Sometimes robbery and burglary are used interchangeably. However, these are two very different crimes and as such are treated differently when it comes to penalties. There is a significant distinction between them: Burglary has to do with illegally entering someone else’s property, regardless of whether or not the individual steals something; robbery involves the taking […]
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How Much Interest is Allowed Under NY Usury Law?
Every lender is obligated to charge interest on loans. However, New York State usury law shields some borrowers from interest rates that are too high. New York’s Usury Law The definition for usury is the lending of money at an exorbitant interest rate. Specifically, under New York law, the maximum interest rate that you can […]
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Should You Sell Your Home to a House Flipper?
When you’re getting ready to sell your house, there are many things to consider. And it takes a lot of work to get it ready for the market. Depending on your situation, you might wonder whether you should sell to a house flipper, and if house flippers are worth it? There’s no quick answer to […]
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How Can Condo Associations Prevent Violating Reasonable Accommodation Laws?
Fair housing laws at both the federal and state level have existed for decades to protect disabled tenants from discrimination and harassment. For instance, the law provides safeguards, such as the right to have emotional support animals, even for buildings that have a no-pet or no-animal policy. Additionally, besides providing things like support animals in […]
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What is Negligence Per Se vs. Negligence?
If you have a personal injury claim in New York, your case is probably based on either negligence or negligence per se. You’re probably more familiar with the term “negligence,” but both legal theories are important because they are the foundation for holding a party financially responsible for damages that their acts caused to another […]
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MOWK Can Help With Your SBA Loans
The SBA Loan Program offers loans to help small businesses. While the loans are guaranteed by the U.S. Small Business Administration, they are issued by a traditional lender, such as a bank. These loans can offer more flexibility and lower interest rates compared to other lending options, making them a good way to help finance […]
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What Should I Know Before Signing a Commercial Lease?
Signing a commercial lease is an important part of running your business. If you’re in the early stages and need a storefront or other physical location, the standards for a proper commercial lease can be a difficult undertaking without doing your research beforehand. And fortunately, there’s more leeway for negotiating the terms of a commercial […]
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What You Need to Know about New York Employment Separation Agreements
When it’s time to terminate a position, the company may opt to have an employee sign a separation agreement. While this tool is used to primarily to protect the employer, whether you’re the employee or the employer, the agreement sets out the terms of the separation, ideally in a way that is satisfying to both […]
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Is a Life Estate Deed Right for Your Estate Plan?
A life estate deed is a planning tool that is a part of your overall estate plan. With this type of deed, an individual can deed real estate to someone, but reserve a life estate, which means that they have the right to occupy the property until death. With death, the property will then pass […]
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What Kind of Tort Damages are Available in New York?
If you’re a victim of a tort, you should know that you may be entitled to different types of damages for the injury that you’ve suffered, depending on the details and facts of your specific case. Read on to learn about torts and the different types of damages that are available in New York. What […]
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