Tom Abdou

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New Law Protecting Home Buyers and Renters

Certainly, there are areas within New Jersey that are especially at risk for flooding and flood damage. However, renters and buyers may be unaware of the potential flood risks when opting to make a purchase or enter into a lease agreement. To remedy this potential...

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Today’s Real Estate Market Prices

Today’s Real Estate Market Prices

While inventory remains low and interest rates remain high in the State of New Jersey, this means that the real estate market remains increasingly competitive. With today’s market representing a 3.9% price increase compared to 2022, buyers should especially consider...

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When a New York Style Closing May Be Better

Just like New York-style pizza, a New York style real estate closing is unique and full of "flavor." Essentially, a New York style closing usually has the parties coming to terms with certain issues, primarily inspection issues, before the formation of the Contract....

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Who Holds a Deposit Matters!

Often in our real estate practice, we represent the Sellers in a transaction. Specifically, there are some Buyers that insist on having either their attorney or their agent hold the deposit, as opposed to what is usually the norm. A commonplace practice is to have the...

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Landlord and Tenant Moratorium Concerns Answered

As COVID-19 cases have gone down causing the re-opening of businesses, universities and restaurants, the world is finally starting to feel a sense of normalcy. During COVID-19, Governor Murphy passed a moratorium on evictions, barring all landlords from filing for...

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Workers’ Compensation is Your Right!

Let’s get one thing clear. If you are injured at work, fault does not matter. You have a right to open a Workers’ Compensation claim, obtain treatment by the Workers’ Compensation assigned doctor, and if that doctor agrees that you cannot go back to work, then to...

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Real Estate Q&A: Oil Tank Scans

The answer as to whether you will need an oil tank scan as part of your inspections is always YES!

An abandoned underground oil tank is one of the most significant inspection defects that can occur on a property. Essentially, an abandoned underground oil tank can eventually be breached and leak oil into the soil, or even worse, into the ground water.

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