Being a real estate attorney for many years and having “geekishly” enjoyed commercial leasing, I have had the pleasure of representing many commercial landlords and tenants. For purposes of this article, I want to focus on something that I often hear from the tenants that I represent. Many times a tenant will approach me and… Read more »
Posts Categorized: Real Estate
One Size Does Not Fit All
Have you ever heard the expression one size fits all? If so what did you think? Did you think wow that’s amazing or did you wonder how can that be? Speaking for myself, whenever I heard the expression I thought, well that may be so, but it would fit a whole lot better if it… Read more »
Price Should Not Be The Main Factor In Choosing An Attorney
One of the topics that I blogged about a while back had to do with being “penny wise; pound foolish”. In my previous blog that was referenced to situations involving commercial leasing. However, the phrase is also applicable to purchases and sales of real estate. I felt it is appropriate to blog on this issue… Read more »
IT’S NOT CLOSED UNTIL IT’S CLOSED
Too often buyers are under the impression in a residential real estate contract that if they have a loan commitment, they are in pretty good shape to close. While for the most part that is true, there have been several instances of late that have shown just because a buyer has a loan commitment, does… Read more »
What Is Landlord Tenant Court?
Whether you are a landlord or a tenant, you have probably heard of Landlord Tenant Court. You probably even know someone who has been to court on a landlord tenant matter. Since New Jersey has such a large amount of rental units, including residential housing and commercial space, the Landlord Tenant Court is a very… Read more »
Short-Sales and Realtor Purchasers
In the state of New Jersey realtors have the ability to take a commission on a property they are purchasing provided that they disclose in the contract of sale that they are a realtor and the realtor of record for the purchaser (i.e., themselves). Nonetheless, even if all parties understand this to be the case… Read more »
THE LATEST ROUND OF QUANTITATIVE EASING’S AFFECT ON SHORT-SALES.
In the midst of this presidential campaign season, a lot of people have asked how the latest round of quantitative easing (also known as “QE3”) will impact real estate market, particularly short-sales. Without getting into a complex definition as to what QE3 means, for the short-sale seller, the impact of the QE3 is that mortgage… Read more »
Documentation Gathering In a Short Sale:
One of the most important as well as cumbersome factors in any short-sale is document gathering. While it is true that a few institutional lienholders have created no document short-sale programs (e.g., consensual short sale), the majority of institutional lienholders require a significant amount of documentation from the borrower (aka seller). This is due in… Read more »
THE IMPORTANCE OF KEEPING YOUR DOCUMENTS FROM THE TRANSACTION AFTER CLOSING:
As a New Jersey real estate lawyer, I do lots of closings. It’s a big part of our business. Often times when we represent sellers and ask them for the documents from when they purchased the property we hear, “I have no idea where they are” or “I threw them out”. Not only is this… Read more »
What to look for in an attorney when you are buying and selling your home
Many times we will receive calls from people who found our name on either the internet or through a referral and the first thing they ask is, “What do you charge for a closing?” As a consumer I can somewhat sympathize that buying a home is an expensive proposition, where money can be somewhat tight… Read more »
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