Handling the New Jersey Residential Real Estate Deal
Date: Jan 11, 2024 9:00 a.m. – 12:35 p.m.
Location: Online
Member Price: $167
Non-Member Price: $209
Areas of Law: Real Estate
Earn up to 4 credits! (More Information)
Keynote
Moderator
- Daniel Barli, Esq.
- Barli & Associates LLC, Clifton
Presenters
- Howard C. Chernoff, Esq.
- Law Offices of Howard C. Chernoff, Union
- Paula M. Zwiren, JD, MBA, CTP
- Law Office of Paula Zwiren
Zwiren Title Agency, Inc., Livingston
Each year, thousands of residential real estate closings are handled in New Jersey. Being able to handle these transactions presents an excellent opportunity for both general practitioners and new attorneys to build their practice. This program has been divided into a discussion of pre-closing concerns and settlement/closing items. In just one morning, you will gain a solid foundation to the basics of handling the residential real estate deal. What you learn will enable you to immediately begin handling these transactions and attract clients to your firm.
Program to include discussion of:
- Pre-closing - The Real Estate Contract and Rider
- The statewide contract
- Termite inspection
- Home Inspection: What inspections need to be done? What inspectors should you use?
- Radon and lead testing
- Dealing with real estate brokers and agents
- Documents and Title Insurance
- The deed
- Affidavit of consideration
- Affidavit of title
- Survey
- Notices of settlement
- Discharges of old liens
- Title insurance - what it includes and what it doesn’t?
- Title commitment
- Title binder
- Marked-up title
- Title and abstract companies
- Settlement/Closing
- Working with a title agent
- How to apportion taxes
- How to arrive at settlement costs
- How to come up with the final number that the buyer must pay to the seller
- Recording fees
- Realty transfer taxes
- Complying with the TILA-RESPA Integrated Disclosure reporting requirements
- Completing Loan Estimate and Closing Disclosure forms
Important Information About Our Events, Meetings, and More:
To secure your spot and receive important updates about our events, meetings, and other gatherings, such as schedule changes, remember to register in advance.
Cancellation and Refund Policy:
If you need to cancel your registration and are not transferring to another program or date, please submit a written request to us at least three business days before the event, meeting, or gathering. You will receive a refund minus a $20.00 cancellation fee. No refunds or registration changes will be issued within three business days of the event, meeting, or gathering.
Stay Informed:
Registered participants will be notified of any schedule changes. For updates regarding inclement weather, please check your email or visit NJSBA.com.
Media Consent:
By participating in our events, meetings, or other gatherings, you agree to be photographed and/or recorded. Additionally, all media content captured during these gatherings will become the property of NJSBA. This content, including your image and name, may be used in our future promotional materials without additional consent or compensation.
Scholarship & Financial Assistance Policy:
Read our Scholarship & Financial Assistance Policy and submit an Application here: https://njsba.com/njicle/cle-programs/scholarship/