This class is for attorneys who will, or may, represent purchasers of Coop and Condo apartments. The class will address both contract issues the attorney should be aware of as well as due diligence that the attorney must conduct on behalf of the client. Specific issues to be addressed include time of the essence clause, delivery date issues, mortgage contingency clause, down payment and default clauses, review of Coop and Condo Offering plans, review of Coop and Condo Financial Statements, review of Coop Proprietary Lease, review of Coop Board minutes, and review of Coop or Condo's By-Laws. The class will also discuss the various federal, state and local taxes related to such a transaction. Register now because seats are limited!Title:
Representing the Buyer: Coop and Condo Due Diligence and Contract Matters
When/Where:
Tuesday, December 3, 2013
8:30 AM - 12:00 PM
Bank of America
114 West 47th Street, 12th Floor (US Trust Bldg)
New York, NY 10036
Speaker:
Marc Israel
By:
National Law Institute
Credit:
3.0
Cost:
Free.
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