#18 Attny. Nick Nardone, Partner at Touchstone Closing on Legal Considerations for RE Developers

Summary: The Real Estate Addicts are joined by Attorney Nick Nardone, Partner at Touchstone Closing for an in-depth conversation about the myriad of important legal considerations a developer should be mindful of. We cover topics ranging from: •Title – Do you need title insurance and is there a way to buy it more inexpensively? • Understanding the process for condominium conversion. What is a master deed? • Condominium disputes and what is a Condominium Super-Lien? • Co-Op versus Condos and why does Marc HATE Co-Ops • Advice on buying a building with tenants? • What are notification requirements prior to converting to condos? • Why chasing foreclosure sales is often a waste of time. • What special considerations go into buying a property via an estate sale? Does it have to be advertised on MLS?