Real Estate Law
WOLFE LAW OFFICES
Key Issues that are Addressed in the Contract of Sale
Oil tank/Septic/Radon tests/Mold tests
Hazard Insurance/Flood insurance
Survey/ Survey Certificate/Elevation Certificate
Certificate of Occupancy/Fire Certification
Closing Costs: tax escrows, hazard insurance escrows, mortgage insurance escrows, flood certification, title insurance, survey, hazard insurance, attorney’s fee,recording fees, other bank fees, adjustments for water, sewer and tax, Association fees, realty transfer fee and overnight mail fees.
Use and Occupancy Agreement
Short Sale Contingency
The Contract of Sale is the key to any Real Estate transaction. It is the critical document which establishes the rights and obligations of both the Buyer(s) and Seller(s) from the time it is signed through the closing of title, and sometimes thereafter. It is therefore critical that you seek legal advice during the 3 day attorney review period to address the areas of concern listed above.