Lawline.com

Whether you're a new attorney trying to build a practice, an experienced attorney doing a favor for a family member, or inside counsel assisting a corporate office, almost all attorneys are faced with the challenge of handling a real estate transaction at some point in their career. Experienced real estate attorney Edward Feldman explains the ins and outs of basic real estate transactions in New York and New Jersey and provides guidance on how attorneys can protect their clients and themselves in these important deals. Beginning with an examination of how real estate procedures differ from county to county, Mr. Feldman explores the tax ramifications involved in selling and purchasing real estate, and suggests ways in which the involved parties can avoid problems with title transfers. Additionally, Mr. Feldman reviews sample brokerage agreements and “realtor” contracts, and offers insights into the multitude of documents involved, such as title commitments and surveys. After viewing Mr. Feldman’s presentation, practitioners will have a clear understanding of the basics of real estate transactions and will be equipped with the tools necessary to properly represent their clients while avoiding any mishaps along the way.

Agenda:
I.    “Simple” Home Purchase Example
II.    The Parties’ Goals & Tax Considerations
III.    Purchase, Sales, & Purchase Agreements
IV.   The Realtor Contract
V.    Riders and Title Considerations