Legal Question in Real Estate Law in New York

Re: Real Estate Lawyer - Responsibilities?

Once you retain a lawyer, they would contact the seller's attorney and request a contract. The lawyer would then review the contract to ensure that all your rights are protected and that the terms are fair. If necessary or desired, lawyer would then negotiate certain elements of the contract in your favor. Once the terms are satisfactory and contract is signed lawyer forwards your signed contract to sellers lawyer for signature. Once seller countersigns, lawyer orders a title report to ensure that everything regarding the property (liens, tax assesments, etc) is in order. An approximate closing date is set at which the lawyer will appear with you and guide you through the process. YOU ARE NOT REQUIRED TO OBTAIN A REAL ESTATE AGENT!!

This area of law is our specialty, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.

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Re: Real Estate Lawyer - Responsibilities?

No, you do not need a buying agent as you were able to find a place on your own. You should contact the seller or seller's agent and let them know that you are interested. Once your offer is accepted then you should contact an attorney to take over from there. The attorney would be responsible for reviewing the corporate documents, ordering title, making sure you inspect the apartment prior to signing contract, review sales contract, etc. Basically, the attorney will do everything else that you cannot handle on your own. Please contact my office if you need additional information. We handle real estate closings.

Lissa Luke, Esq.

This information is provided for educational purposes only. This response does not establish an attorney-client relationship with this firm. An attorney-client relationship with the Luke Law Offices will only be formed once this office has been formally retained as counsel or has recognized such a relationship through a written document.