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Dec 5, 2017 · A post-closing possession agreement, also known as a residential leaseback agreement, is used when a seller would like to temporarily remain in the property after the transfer of ownership has occurred.
- Residential Sale Leaseback Agreement
In the event that the Seller has not delivered the Premises...
- Applicant Financial Requirements
Most New York City co-ops require at least 20% down, a...
- Residential Sale Leaseback Agreement
Nov 12, 2021 · Most real estate contracts provide for an “on or about” closing date, which basically means an “estimated” closing date. The key takeaway is that an “on or about” closing date is not set in stone and is subject to reasonable extensions and adjournments depending on issues which may arise.
Feb 12, 2024 · What does this mean for sellers, buyers, and real estate professionals? Dive into our latest post to discover how this legislative update will reshape how NYC real estate transactions close and why partnering with the right title insurance company is important.
Fraudulent activities can have severe consequences, including financial losses and legal disputes. This article provides a basic overview of fraud claims for buyers and sellers of residential real estate in New York State.
Nov 17, 2020 · New York Commercial and Residential Real Estate Purchase Transactions. When purchasing or buying real estate in New York, the entire real estate sale transaction and process will be governed by a contractual agreement between the buyer and the seller.
Nov 19, 2020 · Post-possession agreements involve a seller in your home after closing. The phrase post-possession agreement refers specifically to paperwork agreeing to allow a seller in a real estate transaction to stay in the home even after it becomes the possession of the buyer.
Jul 6, 2023 · Discover the importance of closing dates in New York residential real estate transactions. Learn about the challenges posed by "on or about" closing dates and the significance of "time of the essence" provisions. Explore the implications, remedies, and recommendations for a smoother closing process.
