NY vs. NJ Residential Real Estate Closings

Category: On Demand

Member Price: $184

Non-Member Price: $230

Product Code: ON250426

Areas of Law: Real Estate

CLE Credits
NJ CLE:NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 2.4 hours of total CLE credit (Full Credits Available: NJ General: 2.4).
NY CLE (t&nt):NY Professional Practice Transitional: 2.0
PA CLE:PA Substantive Credit: 2.0
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program.
Faculty

Keynote

Moderator

Presenters

Daniel Barli, Esq.
Barli Law LLC, Clifton
Zachary Gotlib, Esq.
Gotlib Law Office, Metuchen

Many real estate practitioners are admitted in both New York and New Jersey and have clients in both states. Despite the proximity, the two states have varying closing procedures. For example, New York has a mortgage tax, while New Jersey has an attorney review period for contracts.

In this seminar, seasoned real estate attorneys will discuss the differences between the closing laws and procedures in both states and provide you with tips to successfully represent your clients.

Topics include:

  • Comparative legal frameworks governing residential real estate closings in New York and New Jersey
  • State-specific contract provisions and drafting considerations
  • Title examination, title insurance requirements, and risk allocation
  • Attorney responsibilities in residential closings
  • The closing “table” – how settlement procedures differ in each state
  • Common pitfalls

Register today for this practical program to help you practice comfortably and confidently in both states!