Understanding New York Real Estate Contract Disputes New York’s real estate market, from the bustling streets of Manhattan to the serene landscapes of Upstate, is as diverse as it is dynamic. Yet, beneath the surface of every handshake and signed offer lies a complex legal framework designed to govern transactions. When these transactions go awry, contract disputes emerge, often leading to significant financial and emotional strain. For both buyers and sellers, understanding the nuances of New York real estate contract law is not merely beneficial—it's essential for protecting your interests. What Defines a New York Real Estate Contract? In New York, real estate contracts are governed by the Statute of Frauds, which mandates that agreements for the sale or purchase of real property must be in writing to be enforceable. This isn't just a formality; it's a foundational principle designed to prevent fraudulent claims and ensure clarity. 📜 A ...