Business Details
About
Commercial Real Estate Law
Mincone & Mincone, P.C. provides real estate law to all of New York.
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Frequently Asked Questions About Mincone & Mincone, P.C.
What is your experience?
Our firm has successfully managed and completed over 100,000 real estate closings throughout our years of practice.
What are the legal requirements and considerations for real estate contracts and agreements?
The primary legal requirement for real estate transactions is a binding contract agreed upon and signed by all involved parties.
What are the legal implications and potential issues when dealing with commercial real estate transactions?
Key considerations in commercial real estate transactions include ensuring a clean title, addressing any existing property violations, and conducting thorough title clearance processes.
Do I need a real estate attorney if I have a real estate agent?
Yes. A real estate agent primarily handles the marketing and negotiation of the purchase price and other non-legal terms. A real estate attorney specializes in the legal aspects of the transaction and has a fiduciary duty to protect your legal interests. They can catch issues that an agent is not trained to spot, which helps prevent costly mistakes.
Can a single attorney represent both the buyer and seller?
No. An attorney has a fiduciary duty to protect their client's interests, which often involves negotiating with the other party. Representing both sides of the same transaction would create a conflict of interest.
What does a NY real estate attorney do?
A NY real estate attorney helps buyers, sellers, and investors navigate the complexities of property transactions, including contract negotiation, title searches, closing procedures, and dispute resolution. They ensure legal compliance, protect interests by drafting and enforcing strong contracts, identify and resolve title defects, and provide expert advice to prevent fraud and other issues.