Elmwood Park, NJ
Real estate Lawyer at Elmwood Park, NJ
Practice Areas: Real Estate, Business, Contracts & Agreements
OUTCOME: Sale and Home Purchase Closed
Client was required by the lender to sell current property in order to qualify for a loan for new purchase. Contract terms negotiated and provisions added to provide necessary contingencies.
OUTCOME: Reinstatement of Contract and Conclusion of Closing
Close date on the real estate contract had passed. Time of Essence Notice served demanding closing within 14 days of service. Time passed and delays persisted until issuance breach of contract letter.
OUTCOME: Closing Concluded and U&O Agreement Executed
Seller required additional time past the schedule close date to make arrangement to vacate the premises. The parties agreed on terms per the executed Agreement allowing the Seller to continue to occupy ... and use the premises until a specific date and giving the Buyer to ability to close immediately.
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