Long Island Co-Op and Condo Development and Sales
For comprehensive legal advice about any aspect of the purchase, sale or development of co-ops or condominiums, contact an experienced Suffolk County real estate attorney at the law firm of Anthony Parlatore in Setauket. With more than 35 years of practice in eastern Long Island, we have the thorough understanding of New York real property laws and closing procedures that can save you money and stress.
Comprehensive client service in condo development projects
Our lawyers advise and represent real estate professionals about the legal and business aspects of condo development proposals, contracts and construction projects. Our familiarity with New York condominium law and the practical demands of real estate development can help ensure that your project comes together smoothly and proceeds to a profitable conclusion. We can help with everything from formation of an LLC to closing the sale of the finished units.
Negotiating, documenting and closing residential condo sales
We advise and represent both buyers and sellers of condo and co-op units from purchase agreement to closing. Among our services are the following:
- Advising you about the transaction prior to selecting your condo or co-op unit
- Negotiating the terms of a purchase agreement for the buyer
- Drafting the contract for the seller
- Representing your interests prior to closing on inspections, environmental risk, title or prior lien problems, and mortgage financing
- Working out short sale arrangements with the current mortgage holder
- Advising you about your options when it appears that the other party can't perform on its commitments
When necessary, we can protect your interests in court if your seller or buyer presents you with unpleasant surprises prior to closing. Our careful attention to protecting your interests from the beginning of the transaction, however, is intended to minimize the need for litigation to cover your risks.
For additional information about the benefit of our counsel in condo and co-op transactions in Suffolk County, contact the law firm of Anthony M. Parlatore and John Leonard in Setauket, New York.