Holtzschue on Real Estate Contracts and Closings is an invaluable resource for attorneys and general practitioners who handle real estate deals as well as an important reference for brokers, title insurers, and inspectors. It distills more than thirty years of transactional experience into one plain-English treatise that clearly explains governing law and customary industry practices. The book provides useful legal, technical, and strategic guidance and checklists for sellers’ and purchasers’ attorneys preparing them to execute dispute-free residential deals quickly and easily.
This new release offers the latest information crucial to your practice. Highlights include:
- Chapter 1, Preparing for the Sale or Purchase: New and updated cases in the following areas: licensing of brokers (see section 1:1.2[A]) and breach of fiduciary duty based on broker’s role as dual agent (see section 1:1.2[B]).
- Chapter 2, Drafting and Negotiating the Contract: Discussions updated to include: the New York City Bar Association and the NYSBA Real Property Section’s contract for the sale of a cooperative apartment (see section 2:1.2[A]); and a new 114-page commercial contract of sale created by the American College of Real Estate Lawyers and published earlier this year (see section 2:1.2[C]). New and updated cases and other authority throughout the chapter, including in the following areas: findings on whether the statute of frauds is satisfied (see section 2:1.1); time of the essence (see section 2:2.9[A]); entitlement of brokers to commissions (see section 2:2.10[A]); and caveat emptor exceptions requiring disclosure (see section 2:2.11[A][2]).
In addition, the Table of Authorities and Index have been updated to reflect the latest revisions.
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PLI PLUS subscribers can access this title through their subscription.