Selling or buying a home or any other real estate can be challenging. Typically, seller’s attorney drafts the terms of the Contract and any special riders, and then forwards the Contract to the buyer’s attorney. Buyer’s attorneys generally review the contract and both attorneys negotiate terms mutually agreeable to all parties involved.
Generally, in New York State, it is the attorney’s responsibility to coordinate the real estate brokers, engineers, home inspection services, mortgage bankers & brokers, and title insurance companies that are all involved with the transaction in order to bring the transaction to closing. At the conclusion of the sale or purchase, your attorney will prepare and provide a closing statement to account for all of the fees and taxes paid and monies exchanged.
Our firm works closely with all of the above professionals and helps to protect your interests throughout the transaction. Your attorney works for you, and our fees are not dependent upon commissions at the close of the transaction. It is imperative that you retain an attorney early on in the transaction, that way you can be prepared and advised throughout your real estate transaction.
Generally, a lease is the legal contractual agreement that defines the relationship between a landlord and tenant. The Krupnick Firm can either draft a lease agreement for you or review a lease that you have been offered.
The firm is familiar with both commercial and residential lease negotiations and is can represent either landlord or tenant in residential and commercial lease agreements.
The Krupnick Firm is fully familiar with representing clients in Landlord – Tenant proceedings, and this includes representing both Landlord and Tenant. Typically, there are two types of proceedings in New York, they are (1) Non-Payment Evictions; and (2) Holdover Proceedings. A third type of proceeding is the eviction of a Licensee; this is typically used when a property owner seeks to remove a person where no landlord tenant relationship exists. For example, a live in nurse or health care provider remaining in a home after the person cared for has died or been moved to a nursing home. Generally, Landlords commence nonpayment proceedings when tenants fail to pay rent, or they commence holdover proceedings to remove a tenant so as to terminate the tenancy regardless of rent payment history.
The Court in which these proceedings may be commenced (jurisdiction and venue) is determined by the location of the real property. We regularly handle Landlord-Tenant proceedings in The City of Glen Cove, Nassau County, Suffolk County, and Queens County.
Disclaimer: Each person and/or corporation’s situation is unique, and in order to properly ascertain your circumstances a consultation with Mr. Krupnick will be necessary. The terms discussed herein above are intended to provide simply an overview of these topics.