Cooperatives, Condominiums & Other Residential Real Estate Contracts & Leases – Using, Drafting & Negotiating Riders

Originally held on Wednesday, March 27, 2017| 6:00 pm – 8:15 pm

 

PROGRAM CHAIR Neil B. Garfinkel Abrams Garfinkel Margolis Bergson, LLP

PROGRAM CHAIR
Neil B. Garfinkel
Abrams Garfinkel Margolis Bergson, LLP

  • The use of “riders” to alter and expand the standard forms of real estate contracts and leases (co-ops, condos and houses) is prevalent and important in the ever changing residential real estate market.  This program will focus on the important provisions which attorneys are including in these riders.  Examples of provisions that will be discussed and evaluated include “rent to own” agreements, mortgage contingencies (loss/expiration of commitments after contingency period), sale of existing property contingency, requirements of co-op boards regarding maintenance escrows, riders, representations regarding noise, leaks & construction, “as-is” provisions, certificate of occupancy provisions & post closing possession.

    This program is a must for all attorneys wanting to gain the knowledge needed to properly safeguard and advise clients in real estate transactions.

    DVDs & CDs: $199 Member | $299Nonmember
    On-Demand: $149 Member| $249 Nonmember
    Materials Only (No CLE Credit): $99 Member | $129 Nonmember

    * New York residents will be charged the New York sales tax for all audio visual purchases.

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  • Scott Claman
    Giddins Claman LLP

    Tina Palazzo Fairweather
    Palazzo Law, PC

    Robert J. Teitelbaum
    Konner Teitelbaum & Gallagher

    Michael C. Xylas
    Abrams Garfinkel
    Margolis Bergson, LLP

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  •  6:00 pm– 6:10 pm Introduction & Program Overview

    Neil B. Garfinkel
     6:10 pm – 6:25 pm Condominium Contracts

    -Overview of Condominium Contracts

    -Purchaser’s Riders

    -Seller’s Riders

    -Miscellaneous Provisions

    Tina Palazzo Fairweather
     6:25 pm– 6:40 pm House / Townhouse Contracts

    -Overview of House / Townhouse Contracts

    -Purchaser’s Riders

    -Seller’s Riders

    -Miscellaneous Provisions

    Michael C. Xylas
     6:40 pm – 6:55 pm Co-op Contracts

    -Overview of Co-op Contracts

    -Purchaser’s Riders

    -Seller’s Riders

    -Miscellaneous Provisions

    Scott Claman
    6:55 pm – 7:05 pm Break
    7:05 pm – 7:20 pm Leases

    -Subleases

    -Rent To Own Provisions

    -Forms of Leases (Co-op, Condo, Houses)

    Robert J. Teitelbaum
    7:20  pm – 8:00 pm Hot Topics

    -Mortgage Contingency Provisions and Issues / TRID

    -Default / Escrow Provisions

    -Post Closing Possession and Occupancy Agreements

    -Sponsor Issues

    -Seller Concessions

    Neil B. Garfinkel & Panelists
    8:00 pm – 8:15 pm Question/Answer Session

    Panelists

                     

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  • This program provides 2.5 credits in skills for the New York & New Jersey MCLE requirements. California & Pennsylvania credit differs as it is based on a 60-minute credit hour. The live program provided transitional credit to newly admitted attorneys; the recording does not provide transitional credit.

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  • Sponsorship Opportunities are Available! Please Contact:

    Maricela Alfonso, Membership and CLE Relations Associate
    (212) 382-6608
    MAlfonso@nycbar.org