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Residential Real Estate Closings: What You Need to Know From Pre-Contract to Closing, Day 2

Length: 2 hours 51 minutes

This program will cover the basics of the purchase and sale of cooperatives, condominiums and houses. The panelists will review forms of ownership, pre-contract due diligence, transfer and mortgage taxes, title insurance and lien searches. The program will also cover the contract of sale, including a review of the loan contingency clause and other most frequently negotiated contract provisions, general estate planning considerations, commonly encountered problems (such as combined apartments), and “how to” close a transaction. The course materials will contain the latest forms and necessary check lists.

CLE credit: New York: 3.0 total: 2.0 professional practice, 0.5 skills & 0.5 ethics. New Jersey: 3.0 general MCLE. California & Pennsylvania: 2.5 general MCLE.

Agenda

6:00–6:05 pm         Introduction
                                Mindy H. Stern

6:05–6:40 pm        Loans
                               Richard A. Nardi

6:40–7:25 pm        Trusts & Estates Considerations
                                Matthew W. Ryan

7:25–7:35 pm         Break

7:35–8:05 pm        Transfer Taxes & Mortgage Tax
                               S.H. Spencer Compton

8:05– 8:45 pm        Preparing for & Attending the Closing
                                Jeffrey M. Cooper

8:45 – 9:00 p.m.    Questions & Answers


Original Recording Date: 9/29/2014


Produced By:

New York City Bar Association

Course Materials

  • *Residential Real Estate Closings: What You Need to Know From Pre-Contract to Closing, Day 2
  • Affirmation Document