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New York City Residential Real Estate Attorney

Buying or selling a home in New York City is a substantial and often exhilarating milestone, but also one that unfolds against the backdrop of a complex legal landscape. Whether you are a first-time homebuyer or are parting with a cherished family residence that has housed generations, each step is subject to regulations unique to the five boroughs and the comprehensive state laws of New York. Having the guidance of a seasoned New York City residential real estate attorney working to protect your interests is essential.

Holm & O’Hara LLP has been a leading real estate law firm in New York City for four decades, serving our clients in a wide range of residential matters. Whatever the intricacies of your real estate transaction may be, you can rely on our experienced residential real estate team to provide quality legal services tailored to your specific circumstances.

Common Issues with Residential Real Estate Transactions in NYC

Navigating residential real estate transactions in the New York City market involves a complex array of legal matters. Buyers and sellers must be prepared to confront issues ranging from zoning laws and the rigidity of building codes to the potential surprises unearthed during a title search, each bearing significant legal and financial implications.

Compounding these challenges are the nuanced facets of New York State’s real property laws. It is essential to have a clear understanding of these laws and structure contracts with the appropriate provisions to protect your interests. The guidance of a skilled New York City residential real estate attorney offers essential insights into local ordinances, compliance requirements, and state statutes, ensuring a smooth buying and selling process.

Do You Need an Attorney for Residential Real Estate Transactions?

While New York law does not strictly require buyers or sellers to engage the services of an attorney to conduct residential real estate transactions, it is strongly advised for both parties to retain one. Your real estate attorney can ensure proper due diligence and offer invaluable legal protections you may not have even considered, more than offsetting the additional expense by securing your investment and providing peace of mind.

How Can Our Real Estate Attorneys Help You?

Holm & O’Hara LLP’s real estate team is here to guide you through every step of the residential transaction process. Our experienced attorneys provide a personal, tailored approach when handling your purchase, sale, lease, refinance, or renovation application.

Buying Residential Real Estate in New York City

In the competitive NYC real estate market, purchasing a new home can be fraught with unexpected legal issues and confusing for clients. Our attorneys’ expertise is key to easing this process, whether in reviewing title searches, unearthing potential open permits or violations, or clearing any obstacles to ownership. Working as a crucial link between all involved parties—from title companies to real estate agents—we negotiate terms that honor your interests and get you to the closing table as efficiently as possible.

Selling Residential Real Estate in New York City

When the time comes to sell, our legal team’s insights into NYC’s market trends and regulatory landscape are invaluable. We offer nuanced counsel on crafting listing agreements that capture your property’s worth, safeguard your interests, and negotiate contracts that align with your goals.

Residential Leasing

The complexity of residential leasing in NYC, as a landlord or tenant, demands a nuanced understanding of contractual law and tenant rights. Our attorneys are skilled in constructing lease agreements that are unambiguous and fair.

Refinancing

Refinancing your home is a strategic financial decision that can offer long-term benefits. Our lawyers demystify the refinancing process, ensuring you are well-informed about the terms and implications, and that your financial interests are securely positioned for the future.

Renovation Applications

In the singular world of New York City condos and coops, renovations aren’t merely a matter of personal taste but also a process requiring board or management approval permission. Our attorneys and paraprofessionals can assist with completing the renovation application and coordinating the various parties required to secure the necessary permits, and guiding you through board approvals, turning your vision for your home into reality.

Types of Residential Properties Our Attorneys Can Help with

Our firm’s experience in NYC real estate encompasses a diverse array of residential properties. Each type of residential property comes with its own unique set of considerations.

Condominiums (Condos)

Condos in NYC come with their own set of rules and regulations. Our attorneys can assist with the purchase process, from understanding the bylaws of the condominium association to dealing with the board.

Cooperatives (Coops)

Purchasing a unit in a cooperative building is a unique transaction, often involving rigorous board approvals and in-depth financial disclosures. We help clients parse through board meeting minutes, interpret the corporation’s financial statements, understand their proprietary leases, assemble board applications, and navigate their particular coop’s rules.

Townhouses

The allure of owning a townhouse in New York City brings with it specific challenges such as the potential for historical preservation requirements and land use issues. Our lawyers are adept at handling these transactions and ensuring that your investment is protected.

Book a Free Consultation with an NYC Residential Real Estate Attorney

The decision to buy or sell residential real estate in NYC can be a daunting process that greatly benefits from the counsel of a specialized attorney. Holm & O’Hara LLP’s attorneys provide a full spectrum of legal services designed to guide you confidently through your property transaction. Whether you are buying or selling, we invite you to reach out to us today to review your situation and desired outcomes.

Property Types

Cooperatives

Residential property in which owners purchase shares in a cooperative housing corporation

Condominiums

Residential property in which owners hold direct title to their individual apartment units

Attorneys

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