Real estate law includes the following areas of practice:
Purchase and sales of residential and commercial properties
Advising builders and developers of real estate about the laws and regulations surrounding land use
Creating or representing clients on residential or commercial leases
Handling of joint ownership arrangements
Like kind exchanges, also known as 1031 exchanges
Work outs of distressed properties
Representing clients involved in Estate valuations of real property & closings
Succession planning for Business owners involving real property
It also involves utilizing knowledge from other areas of law including: Estates Planning, Estate & Gift Tax, Income Tax, Zoning Regulations, Contracts Law, Landlord Tenant Law, Real Property Law, Commercial Law, Liens Law, Mortgages, and Business Law.
In order to pass title, a deed with the proper description of the land must be executed, delivered and properly recorded. Adjustments are needed to be made at a closing for property taxes, and municipal services that are pre-paid or coming due. Mortgages are often either put in place or are taken off title and 'satisfied.' In order to be marketable title, the property needs to be 'clear.' In order to determine if title is clear, or marketable, a title search needs to be performed and certified.
At Sampson Law Group, we can do all of these things on a client's behalf.
The Sampson Law Group actively handles situations involving the following (and more):
Real Estate Law also entails applying legal knowledge from other fields, such as estate planning, estate and gift tax, income tax, zoning laws, landlord-tenant law, real property law, commercial law, lien law, mortgages, and business law.
A deed that accurately describes the land must be executed, delivered, and legally registered in order to transfer title. At the closing, adjustments must be made for pre-paid or upcoming property taxes and municipal fees. Mortgages are frequently either established or removed from title and declared "settled." The property must be "clear" in order to be a marketable title. Performing and certifying a title search is necessary to find out whether the title is clear or marketable.
Serving the following New York Counties:
Bronx, Dutchess, Kings, Nassau, Orange, Putnam, Queens, Rockland, Suffolk, & Westchester.
Including the following cities and towns:
Bedford, Cortlandt, Eastchester, Greenburgh, Harrison, Lewisboro, Mamaroneck, Mount Kisco, Mount Pleasant, Mount Vernon, New Castle, New Rochelle, North Castle, North Salem, Ossining, Peekskill, Pelham, Pound Ridge, Port Chester, Rye, Rye Brook, Scarsdale, White Plains, Yonkers & Yorktown.
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