Holtzschue on Real Estate Contracts and Closings provides thorough legal, technical, and strategic guidance to help implement dispute-free residential deals more quickly and easily. This practice guide clearly explains the governing law and customary industry practices to ensure that readers can successfully prepare for a sale or purchase of real estate, including knowing how to deal with the appropriate documents, tax issues, and brokers, drafting and negotiating the contract. Readers also receive a comprehensive dive and real-life examples of negotiation tactics, lease modifications, proactive planning of troublesome developments, drafting errors, liability mitigation measures, eviction considerations, on-premises conditions and repairs, and considerations relevant to different lease types.

The new release includes the following updates:

• Chapter 1, Preparing for the Sale or Purchase, provides an updated discussion on financing.
• Chapter 2, Drafting and Negotiating the Contract, includes the N.Y.S. Association of Realtors guidance effective August 17, 2024, for compliance with the National Association of Realtors’ antitrust brokerage commissions settlement.
• Chapter 3, Preparing for the Closing, provides an updated discussion of deed descriptions.
• Chapter 4, The Closing,includes the latest case developments.

The Tables of Authorities and Index have also been updated.

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PLI PLUS subscribers can access this title through their subscription.