COVID-19 & Real Estate Transactions

SKU: REAL2800

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About This Course

This CLE presentation will discuss how COVID-19 has affected real estate transactions in NY. Specifically, this presentation will cover:

  • (I) Issues Facing Parties Already in Contract (i.e. delayed or cancelled appraisals, delayed commitment letters, delayed purchase applications and delayed closings),
  • (II) New Negotiation Strategies for Buyers/Sellers Not Yet in Contract (i.e. outside termination dates, funding contingency language, general deadline extension language, no closing if building prohibits move-in, post-closing escrow in lieu of pre-closing walk through and death provisions) and
  • (III) Technology Solutions (i.e. Virtual Closings, Virtual Notarizations).

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