Hauseit Blog | Tips for Buying, Selling and Renting in NY and FL

The flip tax in NYC is a common closing cost for both co-op and condo sellers. Learn what the typical real estate flip tax is in New York City, who pays the apartment flip tax, and the difference between flip taxes, transfer taxes and capital contributions in NYC real estate.

What Is the Average Flip Tax in NYC and Who Pays It?

By Sonja Gosine, Spokesperson at Hauseit® / July 30, 2018

The average co-op apartment flip tax in NYC is 1% to 3% of the sale price, and it’s customarily paid by the seller. The flip tax varies by building, and in rare instances you may even encounter a condo which [...]

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What does co-broke mean? What is this concept of co-broking that NYC real estate agents keep referencing? Sample co broker agreement and more explained.

What Is Co-Broking and How Do Real Estate Agents Co-Broke?

By Sonja Gosine, Spokesperson at Hauseit® / July 26, 2018

What does co-broke mean? What is this concept of co-broking that real estate agents keep referring to? We'll explain everything you need to know about co-broking in this article and even show you a sample co-brokerage agreement. Table of Contents:

What Is Co-Broking and How Do Real Estate Agents Co-Broke? Read More »

What is a contract rider for a real estate deal in NYC? What does a typical contract rider for a seller or buyer look like? Sample contract riders and more.

The Contract Rider for NYC Real Estate Explained

By Sonja Gosine, Spokesperson at Hauseit® / July 25, 2018

What exactly is a contract rider for a real estate deal in New York City? Does the contract rider supersede the main purchase contract? We'll discuss everything you need to know about the contract rider for real estate transactions in

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What is a square foot? Where can you find the actual square footage of a condo or co-op apartment in NYC? How to measure square feet in NYC and more.

How to Measure Square Feet for Real Estate in NYC

By Sonja Gosine, Spokesperson at Hauseit® / July 24, 2018

What exactly is square footage? How is it measured and how do you find the actual square footage of a co-op or condo apartment in NYC? Are new development square feet measurements always inflated? We'll discuss everything you need to

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What is a condo contract in NYC? What is a contract rider? The condominium contract explained plus sample contracts, contract riders and more in this article.

Condo Contract – The NYC Condominium Contract Explained

By Sonja Gosine, Spokesperson at Hauseit® / July 19, 2018

What does a condo contract look like in NYC? How complex is it and do you really need a lawyer for it? We'll go over everything you need to know about the condominium contract in NYC and show you what

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Everything you need to know about the sublease agreement in NYC, from when board approval is required to a sample coop sublease contract for a sponsor unit.

The Sublease Agreement in NYC Explained

By Sonja Gosine, Spokesperson at Hauseit® / July 17, 2018

What is a sublease agreement in NYC? What does a sublease contract look like? When do you need board approval for a sublet? We'll answer these questions and more in this comprehensive article on sublease agreements in New York City.

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What is a condo application? How much is the fee? How long is the condo application form and the process? Sample condo application and more in this article.

The Condo Application Process in NYC

By Sonja Gosine, Spokesperson at Hauseit® / July 16, 2018

A condo application in NYC is more of a formality vs a co-op board application. However, watch out for condo boards that think and act like co-op boards. We'll explain everything you need to know about the condo application process

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What is the seller property disclosure form in NY? Is it mandatory and what is the penalty for incompletion? What do sellers typically do in New York?

The Seller Property Disclosure Form in NY Explained

By Sonja Gosine, Spokesperson at Hauseit® / July 13, 2018

New York laws are very friendly towards home sellers when it comes to property condition disclosures. We'll explain everything you need to know about the seller property disclosure form in NY in this article, from what it is to what

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What is a punch list and are sponsors obligated to finish the punchlist? How are disagreements handled? Sample new construction punch list and more.

The New Construction Punch List in NYC Explained

By Sonja Gosine, Spokesperson at Hauseit® / July 9, 2018

What is a punch list when it comes to new construction in NYC? Are sponsors obligated to finish a buyer's punch list within a certain time frame? We'll explain everything you need to know about new development punch lists and

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We explain the real purpose of a final walkthrough and provide you with a handy final walk through checklist you can use. Nuances for NYC new construction.

The Final Walk Through Explained for NYC

By Sonja Gosine, Spokesperson at Hauseit® / July 6, 2018

The final walk through is a critical last step before closing. We’ll explain what the real purpose of a final walkthrough is and provide you with a handy final walk through checklist you can use. We’ll also explain the differences

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