The Contract of Sale: Think Like an Attorney

Among the many topics, this class will include:

Knowing the Components
a) Inclusions and Exclusions
b) Assessments/Maintenance/Flip Taxes (if coop/condo)
c) RE Taxes
d) Financing Terms/Contingencies
e) Certificate of Occupancy/Violations
f) The Waiver of Right of First Refusal
g) Title Issues and Impediments to Closing
h) Seller and Purchaser representations
i) Closing Dates
j) Closing Costs/Transfer Taxes
k) Inspections/Walk Throughs/Punch Lists
l) Post Closing Possession Agreements
m) Including Furniture, lighting Fixtures, Window Treatments

Understanding Negotiations and Riders
a) The Order of Negotiations
b) Time Limits
c) Condominium Riders (filling in gaps)
*board package submission
*pre closing visits
*special financing concerns
*ability to clear title
*fax/pdf capabilities

Default and Remedies
a) Buyer's default
b) Seller's default
c) Default with a Sponsor Transaction

Steven or Bruce Matz