Chaves Perlowitz Luftig LLP

Let’s talk about transferring ownership of a co-op. Some important steps of the process include: • Get an attorney & the managing agent involved • Get the co-op’s permission & (possibly) submit a new application • If you have a loan, you will need the bank’s permission. • The managing agent will handle canceling the old stock & lease and re-issue a new stock & lease in the name of the new shareholder or entity • File the associated transfer tax forms • Complete the closing process The process may vary case to case, but taking the proper steps and involving the correct parties is crucial to making a transfer as seamless as possible. @cpllawfirm is here to help 🤝 #cpl #cpllaw #coop #residential #realestate #nycrealestate #realestateattorney #homeownership #homebuyers #realestateinvesting #realestateagent *Attorney Advertising Information Only. Prior results do not guarantee future success*

💥 Billionaires' Row Closings 💥 CPL Law recently represented the purchaser of trophy properties at the iconic 220 Central Park South. With our firm’s sophisticated estate and business planning, we were able to maintain anonymity for the purchaser. Congratulations to Darya Goldstein & Dylan Hoffman Great team effort all around! We appreciate the trust of our clients and referral sources.

🔥 May closings were out of control 🔥 ⭐️ Shout out to our exceptional team ⭐️ 220 Central Park South – $81,500,000 500 West 18th Street, #27C– $10,200,000 175 West 10th Street, PH – $8,125,000 12 Bedford Street – $5,681,250 10 Tarpon Isle, Palm Beach, FL – $152,000,000 *Attorney Advertising Information Only. Prior results do not guarantee future success.* #RealEstate #Success #DealsClosed #Deal #Transactions #RealEstateSuccess

💥 Billionaires' Row Closings 💥 CPL Law recently represented the purchaser of trophy properties at the iconic 220 Central Park South. With our firm’s sophisticated estate and business planning, we were able to maintain anonymity for the purchaser. Congratulations to Darya Goldstein & Dylan Hoffman Great team effort all around! We appreciate the trust of our clients and referral sources.

Annual Summer Tip ✨ If you plan on traveling and you have an exclusive listing, make sure to find someone you trust to show the apartment. Your colleague should be invested, understanding the ins and outs, and willing to learn about the property. A buyer looking in the summer is serious! Take the time to create a cheat sheet, give them all the details about the building, and ask questions so they can fully sell the property for you while you're away. 🏡✨ #RealEstateTips #SummerSales #Teamwork #PropertyListing #TrustYourColleagues *Attorney Advertising: Prior results do not guarantee a similar outcome.*

News Flash: Closing means the deal is CLOSED. While it may seem obvious, it’s important to explain to your clients that the final walk through is just that, FINAL. It’s almost impossible to go back to a seller for a credit post-closing. Be thorough and ensure that all of your client’s needs and concerns are addressed during the walk-through and ahead of closing. As always, @cpllawfirm is here to help ✍️ . . . #cpllaw #cpllawfirm #realestateattorney #realestate #clientservice #effectivecommunication #efficiency #communication #realestatebrokers #realestateagent #nycrealestate #realestatemarket #buyers #homebuyers #buyersremorse #committed #engaged #solutions #closingday #closing *Attorney Advertising: Prior results do not guarantee a similar outcome.*

Check out this incredible footage we received for our recent deal in Palm Beach, Florida. Largest deal in the US for 2024!! Sold at $152 Million, this property is unreal and deserves all the views 👀 #realestate #palmbeach #florida #island #property #attorney #lawfirm *Attorney Advertising Information Only. Prior results do not guarantee future success*

🚨 QUICK TIP FOR REAL ESTATE BROKERS On a new development deal, you’re paid on the purchase price less the concessions and credits. So on a $5M deal with $200,000 in credits…you’re paid on $4.8M, not $5M. #cpl #cpllawfirm #cpllaw #dealsheet #realestate #realestateagent #realestateattorney #realestatebroker #deals #dealshappenhere #nycrealestate #realestatemarket #protectyourdeal #newdevelopment #commission *Attorney Advertising Information Only. Prior results do not guarantee future success*

Summer is in full swing and we're celebrating the warm weather with a kick off party 🎉 Join the CPL team for drinks and apps outside on the terrace on June 11th at 5pm Make sure the RSVP to [email protected] if you can make it. Hope to see you there! #Summer #KickOffParty #Event #RealEstate #Party *Attorney Advertising: Prior results do not guarantee a similar outcome.*

Why is it important to manage client expectations? It’s important so that clients have a realistic view of what to expect, and therefore more likely to be satisfied with the service they receive from you. As real estate professionals it’s our responsibility to inform clients of the logistics of a closing and ensure that the client is aware of the timeline to ensure a smooth close. So let’s talk! How do you manage client expectations? Comment below. #cpllawfirm #cpllaw #realestateattorney #realestate #nycrealestate #clients #realestatemarket #business #logistics #comment #clientservice #tipsandtricks *Attorney Advertising: Prior results do not guarantee a similar outcome.*