Understanding the many types of real estate transactions

Any real estate transaction, regardless of the size or type, is important to both the buyer and seller. In a fast moving city, such as New York City, real estate transactions occur every day of the week.

There are times when a real estate transaction is straightforward and to the point. There is a property, a buyer and a seller. As long as everything goes as planned, nobody has anything to worry about.

Of course, there are real estate transactions that are much more complex. These can include new construction buying and selling, commercial leases, residential leases, vacant land sales, transactional funding, short sales, foreclosures and 1031 tax free exchanges.

The larger the transaction, the greater chance there is that something could go wrong. For example, there is a big difference between a condo transaction and one in which a person is purchasing a shopping mall, hotel or office building.

Our attorneys have experience with all types of real estate transactions. Furthermore, we have a network of professionals and resources we can rely on to ensure that every transaction moves forward in the appropriate manner.

You don't have to understand every type of real estate transaction, but it makes sense to learn as much as you can about the type you are dealing with. If you have any questions or concerns or if you need professional advice, you have come to the right place. Feel free to scour our website for information. You can also contact us via phone or email to setup a consultation during which you can better explain your situation.