What is a post-closing possession agreement and what are the risks for buyers and sellers?

… out that could mean entering into a postclosing possession agreement which allows a seller to remain in the apartment beyond the closing date  This kind of agreement usually happens when a seller needs to qualify for … information for August 2024 In other words a postclosing agreement allows the seller to only move oncefrom the home …

By Celia Young |August 5, 2024 - 10:30AM
What’s a condop? What do I need to know about buying or selling one in NYC?

… Condops are probably one of the most misunderstood types of NYC apartments and while brokers often describe them as … description Condops are mixeduse coop buildings with commercial or nonresidential space on the ground floor As a … thats designated as a condop The building is built on leased rather than owned  land Sponsored … The Agencys …

By Evelyn Battaglia |June 20, 2024 - 12:30PM