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

Originally held on Monday, September 20, 2020 | 2:00 pm – 5:00 pm

• Description
• Faculty
• Agenda
• CLE Credit
• Sponsors

• This program covers the basics of the purchase and sale of cooperatives, condominiums and houses. The panelists will review forms of ownership, pre-contract due diligence (including an overview of statutory and common law requirements, and practice tips), transfer and mortgage taxes, title insurance and lien searches. The program will also discuss the contract of sale, with special attention to the loan contingency and other most frequently negotiated contract provisions, provide an overview of basic residential loan issues, as well as 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. This program’s updated content will provide CLE credit to all attendees, even if they attended in the past.

  Program Fee:
  Per Day: $229 for Members | $329 for Nonmembers

  Members who are Recent Law Graduates, Newly Admitted Lawyers (admitted for the first time in any state or country 2019-2021), In-House/Corporate Counsel, Judges, and attorney members who practice within the Government, Academic or Not-for-Profit sectors attend this program for free.

• Kristin V. Bellouny
  Chief Underwriting Counsel and Executive Vice President
  Kensington Vanguard National Land Services

  David L. Berkey
  Gallet Dreyer & Berkey, LLP

  S.H. Spencer Compton
  Vice President, Special Counsel
  First American Title Insurance Company

  Jeffrey M. Cooper
  Reis Cooper LLP
  

  Sharon L. Klein
  President, Family Wealth, Eastern U.S. Region
  Head of National Divorce Advisory Practice

  Scott Nadler
  Mortgage Loan Originator
  loanDepot, LLC

• September 20, 2021

  2:00 pm – 2:05 pm
  Introduction & Program Overview
  Mindy H. Stern

  2:05 pm – 3:00 pm
  Pre-Contract Due Diligence
  David L. Berkey

  • Overview for Coops, Condos & 1-3 Family Residences
  • Special Considerations for Coops & Condos

  3:00 pm – 3:50 pm
  Contract of Sale
  Mindy H. Stern

  3:50 pm – 3:55 pm
  Break

  3:55 pm – 4:45 pm
  Title Issues
  Kristin V. Bellouny

  4:45 pm – 5:00 pm
  Question/Answer Session
  Panel

  ---

  September 27, 2021

  2:00 pm – 2:05 pm
  Introduction & Program Overview
  Mindy H. Stern

  2:05 pm – 2:40 pm
  Loans
  Scott Nadler

  2:40 pm – 3:30 pm
  Trusts & Estates Considerations
  Sharon L. Klein

  3:30 pm – 3:35 pm
  Break

  3:35 pm – 4:10 pm
  Transfer Taxes & Mortgage Tax
  S.H. Spencer Compton

  4:10 pm – 4:45 pm
  Preparing for & Attending the Closing
  Jeffrey M. Cooper

  4:45 pm – 5:00 pm
  Question/Answer Session
  Panel

• Per Day:
  New York: 3.0 Skills
  New Jersey: 3.4 General
  California: 2.5 General
  Pennsylvania: 2.5 General
  Connecticut: Available to Licensed Attorneys

  Please Note: Newly admitted NY attorneys cannot fulfill ethics or skills credits through our on-demand programs under OCA rules. For more information on this, please see http://www.nycourts.gov/attorneys/cle/changes_for_2016.shtml.

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

  ______________________________________________________________