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Adam Leitman Bailey

Adam Leitman Bailey

October 13, 2015 | New York Law Journal

The Most Significant Title and Foreclosure Cases of 2015

Adam Leitman Bailey and Dov Treiman analyze three decisions: 'Faison v. Lewis,' where the Court of Appeals eliminated the statute of limitations from one entire category of cases; 'Flushing Savings Bank v. Bitar,' where the court explained the rules for determining the proper deficiency judgment amount and appraisal requirements; and 'Jesinoski v. Countrywide Home Loans,' a unanimous decision from the the U.S. Supreme Court that the authors believe will also negatively affect the stability of residential real estate transfers and lending.

By Adam Leitman Bailey and Dov Treiman

12 minute read

September 09, 2015 | New York Law Journal

Discharge of Ancient Mortgages in New York

Adam Leitman Bailey discusses Section 1931 of the Real Property Actions and Proceedings Law—an obscure statute that allows mortgagors to discharge "ancient mortgages," which would otherwise potentially cloud title.

By Adam Leitman Bailey

15 minute read

September 08, 2015 | New York Law Journal

Discharge of Ancient Mortgages in New York

Adam Leitman Bailey discusses Section 1931 of the Real Property Actions and Proceedings Law—an obscure statute that allows mortgagors to discharge "ancient mortgages," which would otherwise potentially cloud title.

By Adam Leitman Bailey

15 minute read

July 29, 2015 | New York Law Journal

Setting the Law Straight on Terminating Easements

Adam Leitman Bailey examines the different methods of extinguishing an easement.

By Adam Leitman Bailey

9 minute read

July 28, 2015 | New York Law Journal

Setting the Law Straight on Terminating Easements

Adam Leitman Bailey examines the different methods of extinguishing an easement.

By Adam Leitman Bailey

9 minute read

June 10, 2015 | New York Law Journal

Application of the Adverse Possession Amendments

Adam Leitman Bailey and John M. Desiderio discuss the sweeping changes made in 2008 by the NY Legislature to Article 5 of RPAPL and write: "The implementation of the 2008 amendments has changed adverse possession law to make it harder for someone with bad intentions to use the adverse possession statute to obtain rightful ownership to property they know belongs to another."

By Adam Leitman Bailey and John M. Desiderio

12 minute read

June 09, 2015 | New York Law Journal

Application of the Adverse Possession Amendments

Adam Leitman Bailey and John M. Desiderio discuss the sweeping changes made in 2008 by the NY Legislature to Article 5 of RPAPL and write: "The implementation of the 2008 amendments has changed adverse possession law to make it harder for someone with bad intentions to use the adverse possession statute to obtain rightful ownership to property they know belongs to another."

By Adam Leitman Bailey and John M. Desiderio

12 minute read

April 08, 2015 | New York Law Journal

A Practitioner's Guide to Litigating Party Walls

In their Ownership Rights column, Adam Leitman Bailey and Dov Treiman aim at educating the practitioner on the not-so-obvious rules of the party wall.

By Adam Leitman Bailey and Dov Treiman

13 minute read

April 08, 2015 | New York Law Journal

A Practitioner's Guide to Litigating Party Walls

In their Ownership Rights column, Adam Leitman Bailey and Dov Treiman aim at educating the practitioner on the not-so-obvious rules of the party wall.

By Adam Leitman Bailey and Dov Treiman

13 minute read

February 11, 2015 | New York Law Journal

Fair-Market Tenants and Condominium Conversions

Adam Leitman Bailey and Jeffrey R. Metz write: "Between 2009 and 2012, a total of 117 rental buildings in Manhattan and Brooklyn were converted to cooperative or condominium ownership. Many of the units contained therein were deregulated." The article then explores what rights the tenants of these units have vis-à-vis rent-regulated tenants when a building is being converted, and the effect of leasing units at fair-market rents both before and after a conversion.

By Adam Leitman Bailey and Jeffrey R. Metz

14 minute read