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

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.

Live Program & Webcast: $199 for Members | $299 for Nonmembers
Small Law Firm: $99 for Members

Members who are Recent Law Graduates, Newly Admitted Lawyers (earliest admission 2017-2019 in any state or country), In-House/Corporate Counsel, Judges (and their staff), or attorneys that practice within the Government, Academic or Not-for-Profit sectors attend this program for free.

Tina Palazzo Fairweather
Palazzo Law, PC

Scott Claman
Giddins Claman LLP

Robert J. Teitelbaum
Konner Teitelbaum & Gallagher

Michael C. Xylas      
Abrams Garfinkel Margolis Bergson, LLP

6:00 – 6:10  Introduction
Neil Garfinkel

6:10 – 6:25  Condominium Contracts
Tina Palazzo Fairweather

-Overview of Condominium Contracts
-Purchaser’s Riders
-Seller’s Riders
-Miscellaneous Provisions

6:25 – 6:40  House / Townhouse Contracts
Michael Xylas

-Overview of House / Townhouse Contracts
-Purchaser’s Riders
-Seller’s Riders
-Miscellaneous Provisions

6:40 – 6:55  Co-op Contracts
Scott Claman

-Overview of Co-op Contracts
-Purchaser’s Riders
-Seller’s Riders
-Miscellaneous Provisions

6:55 – 7:05  Break

7:05 – 7:20  Leases
Robert Teitelbaum

-Subleases
-Rent To Own Provisions
-Forms of Leases (Co-op, Condo, Houses)

7:20 – 8:00 – Hot Topics
Neil Garfinkel and All Participants

-Mortgage Contingency Provisions and Issues / TRID
-Default / Escrow Provisions
-Post Closing Possession and Occupancy Agreements
-Sponsor Issues
-Seller Concessions

8:00 – 8:15 – Question and Answers

CLE Credit
New York: 2.5 Skills
New Jersey: 2.5 General
California: 2.5 General
Pennsylvania: 2.0 General

Sponsorship Opportunities are Available! Please Contact:
Angie Avila, Manager, Membership Outreach and Sponsorships | (212) 382-6608 | aavila@nycbar.org

______________________________________________________________