Articles

Illegal Apartment Owners Beware!

The potential loss associated with renting illegal apartments may be far more then the gain.

• Published: August 5, 2004
• By Jamile Drew
• Real Property Law

A Short Diatribe on Granting and Crafting Exclusive Use Rights Provisions in Leases (with Samples)

Every exclusive use right granted to a tenant impairs the landlord’s ability to lease other space. But, sometimes the deal can’t be made without one. Here is an exploration of some of the issues involved in defining the exclusive use, limiting its effect, and what happens if it is violated.

• Published: May 15, 2004
• By Ira Meislik
• Real Property Law

To Recognize or Not to Recognize - That is the Question: Sublease Recognition Agreements

A subtenant is in a precarious situation. If its sublandord’s lease is terminated, even for a reason having nothing to do with the subtenant’s behavior, the subtenant can find itself out on the street, without a home. That makes it hard to be a subtenant and hard to be a sublandlord. That’s what recognition agreements are all about.

• Published: May 15, 2004
• By Ira Meislik
• Real Property Law

Alternative Family Arrangements

In the past we had “Leave it to Beaver” households; an intact family with a mother, a father, and children. This is no longer the norm, where “alternative family” arrangements make up many households. Here’s how some arrangements are handled under New Jersey law.

• Published: September 29, 2003
• By Karen Meislik
• Family Law

Landlord Lien Waivers: Law and Practice

Landlords and their tenant’s lender and equipment leasing companies compete for lien priority over the tenant’s assets. As a result, those lender and leasing companies frequently require consents and lien waivers from their customers’ landlords. Here are some practice pointers in preparing effective waivers and in responding to requests for them.

• Published: September 15, 1999
• By Ira Meislik
• Real Property Law

How Not to Go Dark at a Shopping Center: Advice for Tenants (and hope for landlords)

It may not matter that a tenant’s lease expressly permits it to abandon its shopping center premises so long as it keeps paying rent. In New Jersey, there is an implied covenant of good faith and fair dealing in all contracts (including leases), and, under some circumstances, that may require a tenant to keep operating its store even if the lease says otherwise.

• Published: February 15, 1999
• By Ira Meislik
• Real Property Law

Do Estate Planning Terms Confuse You?

What’s the difference between a Will, a Trust, and a Living Trust? Here’s a simple explanation that will remove any confusion forever.

• Published: February 15, 1999
• By Bardin Levavy
• Estate Planning

Preparing to Sell a Small Business

Here are some steps that a small business owner might want to take in preparation for selling a small business.

• Published: February 15, 1999
• By Bardin Levavy
• Business Law

Tough New Rules on Employee Credit Reports

Companies that use credit reports to screen potential employees are now subject to new rules. If you don’t heed the warnings in this article, be prepared to pay a big penalty.

• Published: June 15, 1998
• By Ira Meislik
• Business Law, General Interest

Be Careful About Moving Your IRA Money

Making a mistake when you move your IRA (Individual Retirement Account) from one place to another can be very, very, very costly. Here’s a description of the two basic ways to make a move and a recommendation about which one to use.

• Published: June 15, 1998
• By Ira Meislik
• Estate Planning, General Interest