Bergen County New Jersey Law Blog

10OctOctober 10, 2017

Selling your share in a closely held business? What to know, Part II.

PART II – LITIGATION UNDER NEW JERSEY’S SHAREHOLDER STATUTE

In a public company, as discussed in Part I, a shareholder can quickly find a buyer for his or her shares at a price already set by the stock market. However, in small companies, there is...

05OctOctober 5, 2017

Selling a closely held business to your business partner? What to Know!

PART I – THE BUYOUT

Small businesses with a limited number of shareholders – sometimes referred to as closely held businesses – face an obstacle that larger, publicly traded companies do not: liquidity. Liquidity is simply a term used to describe the degree an interest,...

30MayMay 30, 2017

Could Your Property be the Subject of a Quiet Title Action?

Quiet Title Actions arise when ownership of a piece of property is in question. It usually occurs from a mistake in a survey description. Prior to the Twentieth Century, Deeds were typically handwritten and the property was described in what was called a “chain...

08MayMay 8, 2017

Why yelling “fore” in golf is more than a simple matter of golfing courtesy.

For golfers, the warmer weather and the longer days signal that spring has arrived and the new golfing season has begun. Whether you are a scratch golfer or a beginner to the game, undoubtedly at some point during the season you will find yourself hitting...

09MayMay 9, 2016

Prince Didn’t Have a Will, You Should!

On April 22, 2016, the Music Icon Prince died. Soon after, the Media reported that sources believed Prince had died without a Will. In addition, he was not married at the time of his death and there are no known children....

17AprApril 17, 2016

Consulting in New Jersey: What you need to know?

Consulting or freelancing is becoming an increasingly popular way to earn a living. Unlike salaried, W-2 employees, consultants or freelancers have greater control over when they work, where they work and who they work for. If you are considering either working as...

08MarMarch 8, 2016

Selling Real Estate in New Jersey: 10 Things to Consider

In a previous blog post, I wrote about 10 things to consider when buying residential real estate in New Jersey. For this post, I examine what to consider when selling residential real estate. Both buying and selling residential real estate can be a stressful...

12JanJanuary 12, 2016

Starting a Business in New Jersey: What You Need to Know

Corporate entities are formed for all sorts of reasons. For example, some corporations are formed in order to purchase real estate, some businesses are formed by entrepreneurs looking for new business opportunities and some corporations are formed to fulfill lifelong dreams, such as the opening...

10NovNovember 10, 2015

You and Your Land – Do You Need a Variance?

In New Jersey, before you think of putting an addition onto your house, installing a fence along your property line, or installing a shed or pool in your backyard, it is critical for you to check with your town to determine whether a variance...

24OctOctober 24, 2015

New Regulations Impact Residential Real Estate in New Jersey

On October 3, 2015, new regulations affecting the residential mortgage process became effective. The new regulations issued by the Consumer Financial Protection Bureau (“CFPB”) are intended to combine the disclosures that consumers receive under the Truth in Lending Act (“TILA”) and the Real Estate Settlement...