Legal Question in Real Estate Law in New Jersey
Co-op purchase
I purchased a co-op 1yr ago. The seller recently contacted me claiming monies were wrongly refunded to me at the closing rather than to him and if I don't pay he has a claim to the property.
3 Answers from Attorneys
Re: Co-op purchase
Nonsense. tell him to have his lawyer contact your lawyer. a year later. jeez.
good luck.
If you would like, give me a call; I am in northern New Jersey. I will be happy to discuss this with you; the telephone consultation will be free.
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Re: Co-op purchase
I can't imagine how thw seller could now have any claim on the land. If you were represented by a lawyer in the transaction, you should call that lawyer. I could help, but I see that Mr. Davies has answered also and he is closer to you.
See also: http://info.corbettlaw.net/lawguru.htm
Re: Co-op purchase
While I concur with Bob and John, there may be some legitimacy to the claim. You do not describe what type of item the claim is about (SUCH AS A CLOSING CREDIT, LIKE REAL ESTATE TAXES OR COOP FEES). Did you check your closing statement to check all items? Did you check with your closing attorney to see if the claim is legitimate? Just because a year has passed, does not mean the claim is not legitimate. This is a response to an Internet question and the reply is not intended to be legal advice or to create an attorney-client relationship. Missing facts could result in a different response.