The Cuddy & Feder Blog.

Providing regular updates on the latest issues and developments affecting law and business in Westchester, New York City, the Hudson Valley and Connecticut.

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New York’s Limited Liability Company Transparency Act

May 28, 2024

Michael L. Katz

The New York LLC Transparency Act has been signed into law and takes effect January 1, 2026. Each non-exempt Limited Liability Company (LLC) formed or qualified to do business in New York will be required to file a beneficial ownership disclosure (BOD) with the New York Department of State (DOS). Read More >

New York’s LLC Transparency Act – NYS Limited Liability Company Transparency Act

Corporate, Finance, Non-Profit Organizations, Real Estate

Amendment to the Property Condition Disclosure Act

March 28, 2024

Michael L. Katz, Thomai "Amy" Natsoulis

Effective as of March 20, 2024, New York’s Property Condition Disclosure Act, in effect since 2002, no longer permits a seller of residential real estate to opt out of delivering a Property Condition Disclosure Statement by giving the Purchaser a $500 closing credit. Read More >

NYS Property Condition Disclosure as of March 20 2024 – PCDA New York

Corporate, Finance, Real Estate

Corporate Transparency Act, FinCEN, BOI Report What you need to know in 30 seconds

February 02, 2024

Michael L. Katz, Eon S. Nichols, Thomai "Amy" Natsoulis, Joanne Romano, Richard J. Sandor, Joseph P. Carlucci, Kenneth F. Jurist

If you are an owner of a company, such as a limited liability company or a corporation, you will likely be required to comply with the Corporate Transparency Act, which went into effect on January 1, 2024. Read More >

Corporate Transparency Act - What you need to know

Corporate, Finance, Real Estate

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