Closing process
Reports, exceptions and clearance
13 guides
Guides in this topic
- Closing process · New York State
1031 Exchanges and Title in New York: Deadlines, Vesting and Transfer Taxes
How a 1031 exchange works on a New York closing: the 45 and 180 day deadlines, the intermediary, whose name goes on title, transfer taxes and IT-2663. - Closing process · New York City
Buying a Co-op in NYC: The Lien Search, UCC Filings and Why There Is No Deed
A NYC co-op closing uses a lien search, not a title search. What the search checks, why old UCC-1 loans hold up closings, and if you need title insurance. - Closing process · New York State
Buying or Selling a House in Probate in New York: What the Title Company Will Need
Selling or buying a house from an estate in New York? What the title company needs: proof of who can sign, the estate tax release and cleared debts. - Closing process · New York State
Closing Protection Letters in New York: Why Lenders Can’t Get One and What Protects Them Instead
New York title insurers can't issue closing protection letters. What protects a lender if a closing agent mishandles loan money in New York. - Closing process · New York State
Do You Need a Real Estate Lawyer to Buy or Sell in New York?
New York law doesn't require a lawyer to buy or sell a home, but most people use one. What a real estate lawyer does and what changes if you go without. - Closing process · New York State
How to File a Title Insurance Claim in New York: What Happens Step by Step
How a New York title insurance claim works, step by step: written notice, proof of loss, defense, fixing or paying, and DFS complaints. - Closing process · Long Island
Nassau and Suffolk County Clerk Land Records: Deed Search and Recording Fees
How to search deeds and mortgages in Nassau and Suffolk County Clerk records, and what it costs to record a deed or mortgage on Long Island. - Closing process · New York City
Open Violations or Permits Found Days Before Closing: Holdback, Credit, Delay or Walk Away
Open violations or permits found days before a NYC or Westchester closing? How holdbacks, credits, delays and cancelling work, and who has to agree. - Closing process · New York State
Probate and Real Estate in New York: What Happens to a House When the Owner Dies
What probate is in New York, which homes skip it, how a probate sale works, what affects how long it takes, and what the Surrogate's Court charges. - Closing process · New York State
Selling an Inherited House or Apartment in New York: What to Have Ready Before You List
Selling an inherited New York home? What to line up before you list: who can sign, letters, death certificates, the ET-117, the mortgage, co-op steps. - Closing process · New York City
Title Company vs Real Estate Attorney: Who Does What at a New York Closing
What the title company, each side's attorney and the title closer do at a New York closing, and who actually holds your deposit and escrow money. - Closing process · New York City
What Stalls NYC Closings: A Pre-Listing Checklist for Sellers and Agents
The title and city record problems that hold up NYC closings, where to check each one before you list, and which guide explains the fix.