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

Originally held on Monday, September 20, 2023 | 2:00 pm – 5:05 pm
Originally held on Monday, September 27, 2023 | 2:00 pm – 5:05 pm

Program Chair:
Mindy H. Stern
Schwartz Sladkus Reich Greenberg Atlas LLP

  • 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

  • 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
    Senior Vice-President and Senior Counsel
    Commonwealth Land Title Insurance Company

    Jeffrey M. Cooper
    Reis Cooper LLP

    Scott Nadler
    Mortgage Loan Originator, CrossCountry Mortgage LLC

  • September 20

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

    2:05 pm – 3:00 pm
    Pre-Contract Due Diligence
    Overview for Coops, Condos & 1-3 Family Residences
    Special Considerations for Coops & Condos
    David L. Berkey

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

    3:50 pm – 4:05 pm
    Break

    4:05 pm – 4:55 pm
    Title Issues 
    Kristin V. Bellouny

     4:55 pm – 5:05 pm
    Question/Answer Session
    Panel

    September 27

    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 
    Mindy H. Stern

    3:30 pm  – 3:45 pm
    Break

    3:45 pm – 4:20 pm
    Transfer Taxes & Mortgage Tax
    S.H. Spencer Compton

     4:20 pm – 4:55 pm
    Preparing for & Attending the Closing 
    Jeffrey M. Cooper

     4:55 pm – 5:05 pm
    Question/Answer Session
    Panel

  • CLE CREDIT FOR NEW YORK  
    CLE Credit for September 20: 3.0 Skills
    CLE Credit for September 27: 3.0 Skills

    CLE CREDIT FOR NEW JERSEY
    CLE Credit for September 20: 3.4 General MCLE Credits
    CLE Credit for September 27:3.4 General MCLE Credits

    CLE CREDIT FOR PENNSYLVANIA & CALIFORNIA
    CLE Credit for September 20: 2.5 General MCLE Credits
    CLE Credit for September 27: 2.5 General MCLE Credits

  • Sponsored By:

    Sponsorship Opportunities are Available! Please Contact:
    Yelena Balashchenko, Manager, Business Development & Sponsorships | (212) 382-6608 | ybalashchenko@nycbar.org