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VACANT LAND/DEVELOPMENT

Are you buying or selling vacant land looking to develop a property in New York? Our firm offers the services listed below.

 

VACANT LAND PURCHASERS/DEVELOPERS

  • Review of all legal terms, plan logistics to obtain mortgage commitment within time parameters, arrive to closing and negotiation of the contract of sale,

  • Discuss inspection tests such as soil boaring, environmental tests, zoning regulations

  • Preparation and formation of corporate entity, outlining partnership agreements, right & responsiblities,

  • Follow up with Seller's Counsel as to resolving open violations, permits, title issues (if agreed to by a seller), 

  • Advising client as to resolving any open violations, satisfying mortgage conditions

  • Correspondence with the seller’s attorney, title company and mortgage company,

  • Handling closing adjustments with sellers counsel, review of deed/transfer documentation

  • Representation at closing.

  • Review of open violations, permits, Certificates of Occupancy, and documentation pertaining to the LAND

  • Representation at closing.

 

REO & SHORT SALE SELLERS

  • Preparation of contract of sale,review of all legal terms, plan logistics to arrive to closing and negotiation of purchasers requested changes to the contract of sale,

  • Discuss inspection tests such as soil boaring, environmental tests, zoning regulations

  • Provide due diligience materials to purchasers counsel as requested 

  • Follow up with purchaser's Counsel as to resolving open violations, permits, title issues, 

  • Advising client as to resolving any open violations, satisfying mortgage conditions

  • Compliance and explanation of forgiveness of debt tax consequences, if any

  • Correspondence with the purchaser’s attorney, title company and mortgage company,

  • Handling closing adjustments with purchasers counsel,

  • Preparation of deed/transfer documentation, Assignment of Leases, closing statements

  • Representation at closing.

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