Buying Multi-Family Residences
Whatever its size, and whether you want to occupy it yourself or just hold it as an investment, I can help ensure your prospective multi-family residence meets your expectations. Try contacting me before you consider making an offer. But wherever you may be in the process, you may count on me to help. Click on the tabs below to learn more.
Zoning, Permits & Regulations
I provide critical assistance whenever I'm contacted but am most helpful if I'm contacted before you make an offer. An offer, if accepted by the seller, becomes a binding contract, determining the respective rights and responsibilities of the parties for the duration of the transaction. Many buyers don't appreciate that buying multi-family residences raises special concerns that aren't covered by standard forms found online, or by a typical real estate agent's form, and a buyer shouldn't accept whatever form the seller may provide, as it may be one-sided. I help buyers prepare and negotiate a customized, buyer-sensible form of offer that is appropriately protective of their rights.
As your attorney, I will focus first and foremost on the title to the multi-family residence you're seeking to buy. I'll help ensure the seller owns what the seller says and, if you buy, that you may lawfully use the property as you want. Some buyers think they'll save a buck by hiring fixed-rate attorneys who tend to rush reviews or farm them out to non-lawyers. But a bad title can be a disaster, and that's why experienced buyers hire an experienced real estate attorney, like me, someone who personally and carefully checks the title, and, if there are problems, either get the seller to fix or compensate for them, or, if they're really bad, cancels the sale. Click on the buttons below to learn more.
Good title isn't enough. A multi-family residence also must comply with zoning and essential permits and satisfy the special regulations governing its physical condition. I have the experience to help ensure that the residence you want to buy complies with zoning, permits and regulations, and, if it doesn't, I'll either get the seller to fix the problems, or provide a suitable price reduction, or get you out. Click on the buttons below to learn more about my experience and examples of how problems with zoning, permits and regulations can be a disaster.
Multi-family residences are frequently sold with tenants in place, and, obviously, even if they're not, the point of the enterprise is to rent space. I have exceptional experience with writing and evaluating leases, and I likewise know what tenant rights exist whatever a lease may say, and how evictions work. This means I'm suited to helping you evaluate whether the existing tenants are a good bet or a potential nightmare. I'm also ready, after you've purchased, to help you with leasing and, should it be needed, helping guide you in evictions.
As part of my service, I provide an easy-to-read report about the state of title, zoning, permits, regulations and tenants. I'll also be highly responsive whenever you have a question or problem, ensuring all appropriate documents, including the all-important deed, are executed, and helping you navigate the process. I'll also facilitate your purchase of title insurance. Click the button below to see why that's a good idea.