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Channel: Real Estate Transactions | Nadel & Ciarlo, P.C.
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Do you need to evict the seller from your new home?

A real estate transaction is entirely voluntary. With the exception of eminent domain proceedings, which involve public projects, almost all real estate transactions begin with a property owner...

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3 ways a quiet title action can benefit a property owner

Judges can use their authority to correct state records and protect someone’s real property ownership interest. A quiet title action is when a property owner asks a judge to review and correct issues...

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How can title insurance help with title disputes and issues?

Purchasing real estate could be a significant investment. However, seeking the right property could be an arduous task. Researching a property and doing due diligence before proceeding with the...

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Understanding the right of first refusal

Selling and buying a condo can take some time. Unfortunately, just because everything seems to be going well does not always mean you can certainly close the deal. After all, the condo board might...

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What costs do sellers incur when selling a house?

Selling a house involves more than finding a buyer and signing over the property. As a seller, it is essential to be aware of the various costs associated with the process. These costs can affect your...

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The importance of an escrow agreement in real estate transactions

An escrow agreement is a written agreement between two parties that involves a neutral third party (escrow agent). A buyer and seller can use an escrow agreement to facilitate the purchase and sale of...

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What to consider when buying property with a friend

Buying property can be a significant milestone for many people but may remain out of reach because of high real estate prices, especially in New York. Some options can have flexible terms made for...

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How missing 1031 exchange deadlines could cost you

The 1031 exchange, often referred to as the “like-kind” exchange, is a provision under U.S. tax law that can be a game-changer for you as a property investor. It allows you to put off paying taxes when...

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Common types of real estate fraud sellers should be aware of

Real estate transactions often involve multiple parties and large sums of money, making them complex. With so much at stake, these transactions can become prime targets for scammers or fraudsters....

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What should be in an alteration agreement?

As buildings age and suffer damage over time, they could become subject to major renovations or repairs. Carrying out these types of work may be necessary to maintain a building’s structural integrity...

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