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Real Estate

Buying or Selling Real Estate

Greg Franklin offers a full range of legal services to individuals, businesses, or investors buying or selling residential or commercial New York real estate. Our services include:

  • Negotiating the terms of the sale
  • Drafting or reviewing sales contracts or purchase agreement
  • Arranging the examination of title and reviewing the title insurance and commitments
  • Preparing loan and closing documents
  • Conducting the closing of the sale, calculating any apportionments, preparing the closing statements

Leasing Residential or Commercial Property

Our real estate practice also extends to representing landlords, tenants, retailers, restaurants, and other businesses involved in the leasing of residential or commercial real estate. Our services include:

  • Negotiating the terms of the lease
  • Drafting or reviewing the lease

To avoid future problems and meet the needs of clients when preparing or reviewing a lease, we give careful consideration to:

  • The description of the rental space and use of common areas
  • The amount of rent charged, the allowable methods of payment, and the allowance of rent increases
  • Whether the rent covers the cost of utilities, taxes, or maintenance
  • The amount of the security deposit and the conditions for its return
  • The length of the lease period
  • Provisions regarding the renewal of the lease
  • Conditions, procedures, and notice requirements for terminating the lease
  • Provisions for the maintenance of the rented and common areas
  • Insurance requirements
  • Whether the lease may be assigned or sublet
  • Whether improvements are allowed or required
  • Whether disputes must be mediated or arbitrated

To learn more about how to avoid pitfalls in leasing, buying, or selling New York real estate, call on the experienced real estate attorneys at Ashcraft & Franklin, LLP.