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

Originally held on Monday, September 12, 2022 | 2:00 pm – 5:05 pm
Originally held on Monday, September 19, 2022 | 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

  • Mindy H. Stern
    Schwartz Sladkus Reich Greenberg Atlas LLP

    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

    Scott Nadler
    Mortgage Loan Originator, CrossCountry Mortgage LLC

  • Day 1

    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

    Day 2

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

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