Real Estate
Real Estate
Real Estate
We represent banks, mortgage brokers, buyers, and sellers in residential and commercial transactions. We serve as title insurance agent for a major insurance company. We negotiate purchase and sale agreements, clear title issues, and conduct closings.
Please select from one of the following categories below.
We have handled thousands of residential closing and title examinations in Massachusetts for banks, mortgage lenders and brokers, and individuals.
Services we provide include:
Seller Services
- Review real estate broker agreements and offer to purchase
- Negotiate and prepare the purchase and sale agreement
- Resolve issues which may arise during the pendency of the sale
- Resolve any title issues that come up in the examination of a property’s title
- Prepare the deed and any other necessary document for recording at the Registry of Deeds
- Review all closing documents and explain their meaning to you
- Representation at the closing
Buyer Services
- Negotiate and prepare the offer to purchase and purchase and sale agreement
- Handle issues that may arise before closing
- Review all closing and loan documents
- Represent you at the closing
- Preparation of Declaration of Homestead
- Retitle property into the name of your trust, if applicable
We represent lenders, buyers, and sellers in commercial real estate transactions.
Services we provide include:
- Entity selection (considering tax implications) in determining how to take title to property
- Negotiating and drafting transaction terms and Letters of Intent
- Drafting and review of commercial leases for landlords and tenants
- Preparation of purchase and sale agreements
- Title examination review and resolution of issues to clear title
- Managing due diligence
- Assisting with environmental and survey issues
- Review all closing and other loan documents
- Representation at the closing
Some of the cases we handled in this area of practice inlcude:
- Attorney for a lumber company that purchased a building for $5,000,000
- Drafted and funded a family limited partnership with $10,000,000 of investment real estate
- Attorney for commercial property owner involving complex $35,000,000 real estate transaction with large home improvement chain
- Served as borrower counsel for $13,000,000 commercial loan refinance
Effective on March 16, 2011, new laws have replaced the current provisions of the Massachusetts Homestead Act, G.L. c. 188. Now in Massachusetts, by recording a Homestead Exemption at the Registry of Deeds, you can protect up to $500,000 of equity in your home in the event a judgment is entered against you by a court of law. There are some exceptions to this protection. The recent change in legislation has created an automatic exemption of $125,000 to benefit all home owners and the owners’ family members, without having to file a declaration of homestead at all. Both types of homestead exemption also now apply to home-owners whose homes are owned by trusts.
Lastly, if you are 62 years of age or older, or you are disabled (and any age), regardless or marital status, your primary residence can be protected against the events listed above to the extent of $125,000 or $500,000 each. In other words, if two people aged 62 or over are living together—regardless if they are married—and have properly filed a homestead exemption for their residence, they are each protected against attachment, seizure or execution of judgment, levy and sale for payment of debts and legacies, to the extent of $500,000 each. This is true regardless of the form of ownership.
