real estate attorney who has experience in coop transection

by Jimmie Stehr 5 min read

Our Services

From owners to board members to tenants to developers, our attorneys handle co-op and condo matters in Manhattan, Brooklyn, Queens, the Bronx, Staten Island, Westchester, Nassau and Suffolk Counties. Our services include:

Learn More About Us

If you are seeking a qualified, trusted legal team to help with an issue involving a cooperative or condominium, reach out to our team to learn more about us and how we can help.

Services for Cooperative and Condominium Boards

General legal advice – We advise board members and officers on a wide variety of business and legal matters.

Services for Individuals

We also provide legal services to individuals in the purchase or sale of a cooperative or condominium unit as well as in disputes with boards.

Why We Are Better

Our cooperative and condominium practice distinguishes itself from other firms in the following ways:

Commercial and Residential Real Estate Lawyers

Real estate transactions involve complex details and can be confusing. Contracts used for real estate transactions are difficult to read, making it difficult for an untrained buyers or sellers to understand the rights and liabilities associated with a transaction.

Buying or Selling Your Home

The process of buying a home can become more complicated if you are selling property as the results of a divorce.

Commercial Real Estate

Negotiations involving the sale, lease, or development of commercial real estate involve complex documents and a large investment of time and resources. To avoid any problems, our Illinois real estate lawyers will represent your interests in the transaction and keep you informed of any developments or problems.

What is real estate property?

For one thing, real estate falls into its own unique category as “real” property – broadly meaning land, and the structures affixed to that land. It is distinct from personal property, those tangible and intangible possessions other than land or buildings (like appliances, cars, stocks and bonds, and so on).

Can a broker represent you in a real estate transaction?

A real estate broker can help in many ways throughout the real estate transaction – but it’s essential to remember that they cannot provide legal counsel. Only an attorney can represent you in this way. As you move forward with the goal of purchasing a home, your attorney will be your advocate, negotiating on your behalf and with your best interest at heart. Throughout the process, an attorney can review key documents and implement contract changes, manage negotiations with other parties, lead communication on scheduling, and provide important updates, as necessary. If disputes, questions, or issues arise, your attorney can work to resolve these unforeseen problems, as well.

What is the role of an attorney when buying a home?

As a buyer, your attorney will perform several key functions, including reviewing important documents and paperwork quickly and accurately, processing purchase and sale agreements, and examining title documents, including title insurance and the plat of survey. Along the way, your attorney can help explain this important paperwork to you in depth, so you know what you’re agreeing to and making necessary changes, as appropriate.

Can a seller transfer a title to a buyer?

In order for a home to be sold, it must be determined that the seller has a clear title on the home, and can transfer it to the buyer without any complications or issues . A real estate attorney can help coordinate and conduct a title search in order to determine if there are any outstanding issues – such as mortgages, liens, disputes, ...

What does a buyer's attorney do?

As a buyer, your attorney will perform several key functions, including reviewing important documents and paperwork quickly and accurately, processing purchase and sale agreements, and examining title documents, including title insurance and the plat of survey. Along the way, your attorney can help explain this important paperwork to you in depth, ...

What is the role of a buyer's attorney at closing?

In addition, they will be responsible for thoroughly communicating all of the relevant information to their clients , including matters relating to cash flow, closing costs, and more. At the closing table, the buyer’s attorney will help walk their client through the final aspects of the paperwork, helping to explain and guide the signing of documents, including deeds, notes, settlement statements, loan documentation, and so on.

Dealing with Contracts and Other Paperwork

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Buying a home can be complicated; the oversight and assistance of an attorney can help the process go more smoothly, at every step of the way. When you purchase a home, one of the most important considerations is the veritable mountain of paperwork that is going to accompany your transaction. As a buyer, your attorne
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Handling Negotiations and Resolving Disputes

  • A real estate broker can help in many ways throughout the real estate transaction – but it’s essential to remember that they cannot provide legal counsel. Only an attorneycan represent you in this way. As you move forward with the goal of purchasing a home, your attorney will be your advocate, negotiating on your behalf and with your best interest at heart. Throughout the proces…
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Performing A Title Search

  • In order for a home to be sold, it must be determined that the seller has a clear title on the home, and can transfer it to the buyer without any complications or issues. A real estate attorney can help coordinate and conduct a title searchin order to determine if there are any outstanding issues – such as mortgages, liens,disputes, or judgments on the property – that need to be addressed i…
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Handling Filings and Recordkeeping

  • Much of the paperwork that comes along with a real estate transaction will need to be recorded, often at the county and state level. An attorney can help ensure that this important step goes off swiftly and efficiently, so that the transfer of property is legal and binding.
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Addressing Financial Questions and Considerations

  • A real estate attorney can also be a useful resource when it comes to understanding and managing many of the financial aspects of your real estate transaction, including questions or considerations about property taxes, HOA assessments, and so on. In many cases, your real estate attorney may also take responsibility for handling monies at different steps along the way…
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Coordinating The Closing

  • Generally, attorneys will be responsible for calculating a closing statement, and will assume responsibility for scheduling the details of the closing meeting, including the date, time, and location. In addition, they will be responsible for thoroughly communicating all of the relevant information to their clients, including matters relating to cash flow,closing costs, and more. At th…
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The Bottom Line on Buying A Home

  • At the end of the day, it’s important to remember that there’s a lot that goes into buying or selling property in Chicagoland – from processing purchase and sale agreements, to handling title paperwork, to navigating the development, zoning, and tax laws unique to our area. And while the process is often similar, no two real estate transactions are ever going to be exactly alike! As yo…
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