Description
The course reviews the basic scope, steps and procedures for representing purchasers and sellers of condominium units, co-operative apartments and residences with mandatory membership in homeowners associations. Typical transactions, including sales pursuant to public offerings and private re-sales, are examined from contract drafting and negotiation, through preparation for closing, closing and post-closing requirements. Due diligence checklists, sample contracts, title insurance and lender requirements will be discussed. Ethical considerations are also addressed.