Real Estate Contracts and Closings
Legal Advice for Complex Property Transactions
Because of the significance of real estate investments, transactions should be handled with the utmost care and consideration, especially in regard to contracts and closings on a piece of commercial or residential property. Retaining an experienced attorney is vital to protect your best interests; the legal team at Vlasac & Shmaruk, LLC, is happy to consult with you and provide practical legal advice. If you’d like to speak with one of our attorneys about real estate closings or contracts, contact the New Jersey or Pennsylvania offices of Vlasac & Shmaruk, LLC.
Real Estate Contracts
Our attorneys will prepare or review contracts of sale between property buyers and sellers, ensuring that the terms are beneficial to our client. If needed, we will recommend modifications to specific provisions, and submit these recommendations to the other party’s counsel and the real estate agents. We will also prepare or review the applicable closing documents, including the deed to real estate, affidavit of title, bill of sale of personal property, mortgage documents, realty transfer tax, and Housing and Urban Development Settlement Statement. We will also work with the lending institution’s counsel to negotiate loan and financing agreements that are acceptable to both parties. Our experience with all types of real estate documents and contracts allows us to explain the terms in language you can easily understand.
Real Estate Closings
Our attorneys will attend and oversee the real estate closing, in which both parties consummate the purchase contract and the property ownership is transferred from the seller to the buyer. Real estate closings involve the buyer delivering the balance owed on the purchase price, the seller signing the property deed over to the buyer, the new deed being registered with the local land registry office, and the seller receiving the proceeds of the property sale. The new owner then leaves the closing with the keys to the property. We will ensure that you feel informed and comfortable every step of the way, and that the terms of the agreement reflect your best interests.
To speak with experienced New Jersey, New York and Pennsylvania attorneys about real estate contracts or closings, contact Vlasac & Shmaruk, LLC today. We would be happy to discuss your needs and how we can help.