Five Elements Important In Licensing Agreements

A lawyer can draft a thorough licensing agreement that takes into account the most important elements of a licensee and licensor relationship.

What is a licensing agreement?

What is a licensing agreement?

A licensing agreement is a written contract giving permission to a licensee to use another party’s property, the licensor. This can apply to trademarks, patents, or their brand in its entirety. The agreement will contain specific details on the type of licensing agreement, how the licensor is compensated, and the terms of how things can be used. A Lawyer can help individuals as well as companies draft these important legal documents.

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Changes in Power of Attorney Forms for New York State

Blumberg announces an important update to their New York State Power of Attorney Forms. This update complies with amendments to the Power of Attorney Statute that takes effect June 13, 2021. For over 100 years courts have relied on Blumberg Powers of Attorney forms. The distinctive boilerplate and usage in countless transactions have become the trusted choice of attorneys and the financial, real estate, business, and healthcare communities.

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A Guide to Understanding Your Closing Disclosure

What You’ll Learn
How to understand your Closing Disclosure form
Why your Closing Disclosure may vary from your Loan Estimate
The significance of different dates on your Closing Disclosure

A Closing Disclosure is a five to six-page form that provides final details about the mortgage loan you have selected, including the loan terms, your projected monthly payments, and how much you will pay in fees and other costs to get your mortgage (closing costs).

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Blumberg Announces Lease Updates for NY Housing Stability and Tenant Protection Act of 2019

PRESS RELEASE UPDATED: OCT 22, 2019 07:45 EDT

NY Housing Stability and Tenant Protection Act of 2019
NEW YORK, October 22, 2019 (Newswire.com) – In the long history of New York landlord-tenant relations, the government has rarely cast such an extensive reversal of course in housing policy as it does in the Housing Stability and Tenant Protection Act (HSTPA). The HSTPA stops in its tracks the gradual conversion of units to the free market. Landlords will now have access to Summary Proceedings only for base rent and evictions. Actions to recover fees and costs must be brought separately, likely resulting in protracted litigation in the trial courts. These are only a few of the many provisions of the HSTPA that will make it more difficult for landlords to maintain the viability of their properties. Compliance with the law will be challenging. Continue reading “Blumberg Announces Lease Updates for NY Housing Stability and Tenant Protection Act of 2019”

Housing Stability and Tenant Protection act of 2019 – LEASES

The Housing Stability and Tenant Protection act of 2019 became effective on June 14, 2019. All leases signed thereafter are subject the Act. We have been reviewing the Act with the attorneys that author several of the lease forms and hope to have them available at blumberglegalforms.com by mid to late August and printed forms about two weeks later. Continue reading “Housing Stability and Tenant Protection act of 2019 – LEASES”

Housing Stability and Tenant Protection act of 2019

New and Revised Notices to Tenants

We will begin to upload these forms at blumberglegalforms.com shortly

Blumberg Legal Form  119, formerly a 3-day notice, will be a 14-day notice. Rent demands required by law must be in writing, sent certified mail, and allow tenants 14 days to pay (RPL 711(2), 7-19

A new Blumberg Legal Form 309, will be an omnibus notice for 30, 60 and 90 day periods, 7-19

A new Blumberg Legal Form 304 will be a 5-day notice sent certified mail, RPL §235-E(d), 7-19

Blumberg Legal Form 307, 30-day notice, will be available for situations not affected by the Act, 7-19

Notices of Petition for Non-Payment or Holdover
Legal Forms 207b, 207d, 211, 445, 449, 511, 1407 and 1411 are under review. Continue reading “Housing Stability and Tenant Protection act of 2019”

Selecting an Agent under your Financial Power of Attorney

A Secret Agent may be very important to protecting the nation. Your Agent is just as important for your protection. An Agent is the person who makes financial decisions for you under a Financial Power of Attorney or makes medical decisions for you under a Health Care Power of Attorney. The Agent under your Financial Power of Attorney may act for you when you aren’t able to act for yourself, for example when you lack capacity. This is called a “springing power.” Alternatively, you also could allow your Agent to act for you under the Financial Power of Attorney even when you’re able to act for yourself. This is called an “immediate power.” Continue reading “Selecting an Agent under your Financial Power of Attorney”

NEW Corporate Manager

Corporate ManagerA protocol with forms for management of a corporate record book

Objectify important corporate activities required by business corporation statutes, help with audits and avoid piercing of the corporate veil!

A flash drive with suggestions for the ongoing management of your corporation record book with a questionnaire/checklist for annual record book maintenance, 12 pertinent forms and 29 resolutions. A basic set of Microsoft Word and pdf forms that enable you to easily complete and quickly cut and paste the appropriate forms together to create an annual record of actions taken and meetings held by the corporation. Continue reading “NEW Corporate Manager”