The Real Estate Addicts are joined by Attorney Nick Nardone, Partner at Touchstone Closing for an in-depth conversation about the myriad of important legal considerations a developer should be mindful of. We cover topics ranging from:
•Title – Do you need title insurance and is there a way to buy it more inexpensively?
• Understanding the process for condominium conversion. What is a master deed?
• Condominium disputes and what is a Condominium Super-Lien?
• Co-Op versus Condos and why does Marc HATE Co-Ops
• Advice on buying a building with tenants?
• What are notification requirements prior to converting to condos?
• Why chasing foreclosure sales is often a waste of time.
• What special considerations go into buying a property via an estate sale? Does it have to be advertised on MLS?