Since its inception in 2008, Blockchain has influenced many industries, including Real Estate. Our firm’s first Bitcoin real estate transaction was completed in 2013 and each subsequent year, we have witnessed a growing demand for transactions and closings to be conducted using cryptocurrencies.
The EU’s General Data Protection Regulation (GDPR) is set to go into effect in May — and it will have far-reaching effects. But what will it mean for blockchain technology, and the data that is stored and transferred there?
As the use of cryptocurrencies and blockchain technology grows, so will the use and implementation of smart contracts. Smart contracts are computer programs that directly control the transfer of digital currencies or assets between parties under certain conditions.
New York City real estate has a lot of intricacies and quirks, but one of the more important ones that purchasers need to be aware of are lot line windows. Lot line windows are windows located directly on edge of the building’s property line.
Most people looking to purchase a new house or apartment will need financing. This is the reality for most that make a foray into the real estate world. However, sellers hate financing because it could be a major stumbling block for the deal.
The financials of your co-op are extremely important. Your board of directors mails them to you once a year, usually in the spring, and there is a very good reason they mail them to you-- because you are suppose to review them!