Real Estate Transactions

Purchase and sale of residential and commercial properties

Real Estate Transactions

Attorney Robert C. MetzdorfIt is very important that a person involved in a real estate transaction be represented by a reputable attorney who has the legal knowledge and skills to provide your matter with the personal attention you deserve.

At the Law Office of Robert C. Metzdorf, conveniently located in Leonia, New Jersey, we have closed thousands of homes and commercial properties. Always committed to personal attention and successful results, we will protect your interests. Property transactions in New Jersey are never easy; many issues can come up at the last minute. Termite damage, structural issues, and environmental issues can jeopardize a successful closing. Our office can provide you with the experience and knowledge to best represent your interests.

A transaction usually starts with a real estate contract. Those contracts are usually prepared by real estate agents. While they know vast amounts about the homes they're showing you, they cannot provide you with legal advice on how to revise a contract that will protect you. Our office will examine that contract to ensure your rights are protected. During this attorney review period, the buyer and seller have three (3) business days to consult with their attorney. It is advisable that you seek review of that contract within that three-day period. While weekends are not included in the three-day review period, we regularly meet with clients on the weekend to ensure the timeliness of our contract review.

conference roomInspections

Most New Jersey real estate contracts provide for an inspection clause if you are purchasing a residential or commercial property in New Jersey; most of those contracts will include an inspection clause. We will work with you to make sure that you have adequate time for the inspection. Following the inspection, we will work with you to ensure that all negative findings are either corrected or credits obtained.

Title Searches

In New Jersey, all property must be clear of all liens and judgments before closing. All buyers purchasing with a mortgage must have title insurance that protects the lender. Title issues can delay or stop a closing. We address all title issues and deal with the buyer, seller, agents, and lenders/banks.

The Law Office of Robert C. Metzdorf offers free consultations so that you can understand all your rights and responsibilities in the real estate closing process.

Homeowner's Insurance Versus Title Insurance

Homeowner's insurance protects you from what might happen. Title insurance protects you from things that have already happened but are unknown or hidden.

Homeowner's insurance covers things like: Title insurance covers things like:
  • Damage to the contents of your home
  • Theft of personal property in your home
  • Living expenses if your home is uninhabitable
  • Damage to your home caused by fire, hail, windstorm, and vandalism
  • Personal liability for bodily injury or accidents to guests in your home
  • Structural damage to your home or detached structures
  • A defect in title caused by forgery, fraud, undue influence, duress, or incompetency
  • A defect in title caused by undisclosed prior mortgage or other liens
  • No right of access to and from the land
  • A defect in title caused by improper execution of documents
  • A defect entitled caused by documents not being properly filed recorded or indexed in the public records