Clark’s Laws Blog

Landlord Advocacy: Legalities of the Residential Buy & Hold Business Model on Long Island. What about security deposits? Well, security is there for the landlord to recoup their money when there’s damages to the property, but it’s one of the most misused things out there. In New York, if you have security, you’re supposed to… Continue Reading

Landlord Advocacy: Legalities of the Residential Buy & Hold Business Model on Long Island. What about lease agreements? Should you even have a lease? I have debates with colleagues of mine over whether you should even have a lease. If you don’t have a CO, you’ve got a void lease, so it’s really immaterial. But… Continue Reading

Landlord Advocacy: Legalities of the Residential Buy & Hold Business Model on Long Island. Another question I often get is, do I need to be concerned about anti-discrimination laws? You absolutely do. There’s really not many exceptions to the anti-discrimination laws. Basically, the only exception is an owner occupied two family house. So the house… Continue Reading

Landlord Advocacy: Legalities of the Residential Buy & Hold Business Model on Long Island. Applications and background checks. Should you do them? Absolutely. There’s a lot of reasons why you want to do them. Number one, you want to know who you’re dealing with. You want to identify who these people are that are going… Continue Reading

The following is a clip from a presentation that attorney, Jim Clark made to the East Coast Real Estate Investors Association (“ECREIA”) in March, 2019 entitled: “Landlord Advocacy: The Legalities of the Residential Buy & Hold Model on Long Island.” Mr. Clark will be leading a follow-up discussion on these topics, and specifically how they’ve… Continue Reading