Kiritsis & Associates
Law Offices of Kiritsis & Associates — (212) – 922 – 0005.
Author: John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M
Acceleration clauses are traditionally associated with mortgages. However, they are increasingly occurring in New York commercial leases. No federal statutes resolve property leasing disputes. Real property does NOT include personal property.
New York Statute of Fraud provisions have a timeline of 3 years. The lease should spell out any exclusive use provisions for the premises.
In several municipalities throughout the State of New York, there may be some type of regulatory requirements which impose (generally, the burden would fall exclusively or mostly to landlords) the obtaining of rental license and Certificate of Occupancy Good Standing type of documents, prior to being able to legally enter into a lease agreement.
It may be important for New York landlords to insert acceleration provisions in their leases to seek certain mortgaging options. Even if they insert such provisions, landlords may still be required to properly provide tenants with notice to commence legal actions for any tenancy termination.
The practical restraints brought on to the operations of the New York Judiciary System by the Coronavirus-related shutdowns, may have made much of the substance of this brief analysis, an incomplete and/or incorrect generalized explanation, of what is an already heavily technical and complicated topical area, within the study of jurisprudence.
To better assist in a quest of further analyzing this type of question(s) as revolving per this legal guide article, it may be useful to make additional inquiries, such as: Is it legal or practical to allow tenants to sublease? Are the premises that include rent or occupancy use complaint with recent building code regulations? Should the lease contain specific clauses regarding issues with security deposits?
Our firm can help you draft, review, negotiate, and execute any type of New York real property lease agreement. We are open seven days a week from 8 a.m. to 8 p.m. We offer prospective clients both exhaustive and comprehensive leasing law practice services, including the following:
Residential lease contract agreements.
Rent regulated residential lease contract agreements.
Rent control regulated residential lease contract agreements.
Office space lease contract agreements.
Warehouse commercial use lease contract agreements.
Office space use lease contract agreements. Kiritsis & Associates (212)–922–005.
Chemical and pest control related use lease agreements.
Roommate use lease agreements.
Shared office space use lease agreements.
Netted lease agreements.
Double net lease agreements.
Commercial leases with time extension option provisions. Kiritsis & Associates (212)–922–005.
Addendum and side deal real property lease agreements.
Existing lease assumption lease agreements.
Cancellation of residential lease agreements.
Barbershop and beautician related lease agreements.
Restaurant and related use lease agreements.
Deli and bodega related use lease agreements. Kiritsis & Associates (212)–922–005.
Bar and tavern related use lease agreements.
Religious institution and related use lease agreements.
Morgue and related use lease agreements.
Buddhist temple and related use lease agreements.
Non-profit and related use lease agreements.
Lease sales back terms lease agreements. Kiritsis & Associates (212)–922–005.
Development site lease agreements.
Farming related lease agreements.
Livestock related use lease agreements.
Timber related use lease agreements.
Landlord-focused and customized lease agreements.
Construction project centered lease agreements. Kiritsis & Associates (212)–922–005.
Co-op lease agreements.
Condo-type building premises lease agreements.
Condo co-op building premises lease agreements.
Two family dwelling lease agreements.
4-plex property lease agreements.
Mixed-use property lease agreements. Kiritsis & Associates (212)–922–005.
Locker room/storage type lease contract agreements.
Laundromat and other related use lease contract agreements.
Florist, botanical, and horticulture use lease contract agreements.
Municipal related use lease contract agreements.
Hostel and other related use lease contract agreements.
Master lease contract agreements. Kiritsis & Associates (212)–922–005.
Hypothecating, equity-utilization, leveraging lease contract agreements.
Negotiating lease contract agreements.
We offer prospective clients services throughout the state of New York, including the following counties:
You can call use today for a FREE initial consultation with a licensed New York real estate attorney at (212) – 922 – 0005.
We offer a number of fee payment options, including Flat, Hourly Rate, Mixed-type (various payment plans combined).
We accept all standard methods of payment, including Cash, Personal Check, Business Check, Cashier Check, Bank Check, Money Order, Debit Card, most Credit Cards.
We also sell template-type products, including legal guide pamphlet-style booklets.
For more information on any of the above services and products, or any type of legally related service product, contact us at any of our New York and New Jersey branch affiliates.
HSTPA of 2019
New York Real Property Law (NY RPL) Section 7
New York City Department of Buildings
New York State Bar Association
New York Uniform Vendor Purchaser Risk Act
NY RPL §223
NY RPL §227
NY RPL §235
Brown v. Volkening, 64 N.Y. 76 (1876)
Matter of City of New York [Braddock Ave.], 251 App. Dir. 669 (2nd Dept. 1937)
Johnson v. Depew, 33 A.D.2d 645 (4th Dept. 1969)
V.R.W., Inc. v. Klein 68 N.Y.2d 560 (1986)
Stambovsky v. Ackley, 169 A.D.2d 254 (1st Dept. 1991)
Holy Props. Ltd., L.P. v. Cole Prods. Inc., 87 N.Y.2d 130 (1995)
Wells Fargo Bank N.A. v. Carney, S.O. A.D.3d 287 (1st Dept. 2008)
Island Fed. Credit Union v. Smith, 60 A.D.3d 730 (2nd Dept. 2009)
U.S. Bank v. Dellermo, 94 A.D.3d 746 (2nd Dept. 2012)
Carlo v. Koch-Matthews, 53 Misc 3d 466 (Cohoes City Court 2016)
Law Offices of Kiritsis & Associates
Phone: 212 922 0005
Manhattan Office (Main Office):
633 Third Avenue
New York, NY 10017
Brooklyn Office (By Appointment Only):
1023 74th Street
Brooklyn, NY 11228
New Jersey Office:
7309 Ventnor Avenue
Ventnor, NJ 08406
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We hope you would find this website useful with regards to finding potentially relevant information for your legal issue. The Law Offices of Kiritsis & Associates PLLC is a boutique law Firm Group headquartered in Midtown Manhattan, with offices in Manhattan, Brooklyn (NY) and New Jersey. We strive to provide professional legal services for individuals and various business entities. Our clientele ranges from including aspiring entrepreneurs, startups to established business organizations.
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Phone: (212) – 922 – 0005.