Fundamentals of NJ Residential Real Estate Closings

(276 Ratings)

Produced on: December 19, 2015

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 150 minutes
Difficulty Beginner

The real estate closing process in New Jersey continues to evolve. The new closing forms, the continuing short sale problem, the persistence of difficult inspection issues, the northward creep of “South Jersey,” title company closings, and other developments all require the practitioner to stay current with the changes.

In addition, lawyers are increasingly being drawn into litigation involving unhappy buyers/mortgagors, who sue their sellers and their mortgagees. As if this were not enough, the attorney fees that are charged for these transactions are almost never adequate. 

Join attorney William Slover as he reviews the evolution of New Jersey real estate closings and the various considerations attorneys should know, including specific consideration of the New Jersey Consumer Fraud Act.

 

Learning Objectives

  1. Review basic transactions, from listing agreement to post-closing activities
  2.  Identify leading cases in New Jersey with respect to the basic issues involved in residential real estate transfer and finance as well as with specific consideration of statutory consumer fraud issue spotting
  3. Explore the new federally mandated closing forms
  4. Recognize the business model that may work best for the residential real estate practitioner
  5. Develop an awareness of certain issues for spotting purposes in order to competently represent real estate clients


This course originally appeared as a part of our December 2015 Bridge the Gap Event.


Faculty

William A. Slover

William A. Slover, Esq.

William A. Slover is an attorney whose practice concentrates on real property disputes, title insurance claims, and transactional real estate.  He also acts as a consultant to, and expert witness for, counsel involved in title litigation and related real estate disputes.  From 1991 to 2013, concurrent with his private law practice, he owned and operated Province Line Title Agency Corporation, which specialized in underwriting commercial transactions in New Jersey.  From 2007 to 2009, Mr. Slover was New Jersey State Counsel for Fidelity National Title Insurance Company.  He maintains his New Jersey title insurance producer’s license.

 

Mr. Slover is the Chairman of the Board of Trustees of the Real Estate Section of the Mercer County Bar Association.  He served one term on the Princeton Borough Council from 1999 to 2001.  Since 2009, he has been teaching Real Estate Transactions at Rutgers Law School.  He has lectured on real estate and title matters at the annual convention of the New Jersey State Bar Association; he has been a lecturer for: (i) Rutgers Law School Continuing Legal Education Programs; (ii) National Business Institute; (iii) various New Jersey title insurance producer schools; (iv) large law firms; and (v) the (former) mandatory ICLE skills seminars for new attorneys.  He also has taught courses in real estate and bulk sales, which were approved by the New Jersey State Bar for CLE credits.  Mr. Slover is a former member of the Amicus Committee of the New Jersey Land Title Association, and a former member of the Board of Trustees of the Agency Section of the New Jersey Land Title Association.

 

Mr. Slover received his J.D. from George Mason University in 1983, and his B.A. from George Washington University in 1980.  He is a member of the Bar of New Jersey, Virginia, and the District of Columbia. 

Reviews

DF
David F.

good class

JG
Jonathan G.

Good info

JF
Jenifer F.

Speaker was very knowledgeable and kept my attention for the approximately 3 hour course!

KA
Krystin A.

Thank you!

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