A property transaction requires several timelines to meet
Contract, inspection, financing, title, tax and closing each bring conditions and deadlines. Our work is to help the client understand obligations before signing and paying and to align financing, title and intended use at closing.
For a New York real estate matter, we first confirm the property, transaction stage, documents and approaching deadlines. The scope of any legal representation and fees are set out in the written engagement agreement.
Transactions
- Residential and commercial purchases and contract negotiation
- Title reports, surveys, liens and closing issues
- Mortgage financing, conditions and collateral documents
- Condominium, cooperative and investment-property review
- Commercial leasing, renewal, assignment and exit arrangements
Disputes
- Purchase default, deposit and closing disputes
- Title, co-ownership, boundary and use disputes
- Rent, security deposit, repair, early termination and lease default
- Landlord-tenant process and statutory notice
- Real-estate investment, management and partnership disputes
Four checkpoints
Confirm conditions before contract, identify risk during diligence, reconcile money and title before closing, and preserve notice, payment and communication records if a dispute arises. Location and property type may change the governing rules.
Before a consultation
For a transaction, bring the offer, draft agreement, inspection, finance and title material. For a dispute, bring the complete contract or lease, payment records, notices, photographs and communications.