Suffolk County Real Estate Lawyers

Whether You’re Buying or Selling, The Meyers Law Group, P.C. is Here for You

Buying or selling a property can be complicated. Whether you are buying your first home or selling a commercial property, you probably have a lot of questions. Many clients tell us that one of their main concerns is that they are making a fair deal that is in their best interest. Since 2003, The Meyers Law Group, P.C. has helped clients across New York State buy, sell, lease, and finance both commercial and residential property. Our real estate attorneys in Suffolk County have the experience for which you are looking.

To discuss your situation with a knowledgeable real estate attorney, contact The Meyers Law Group, P.C. at (631) 496-1484.

We Offer Detail-Oriented Legal Services

If you are considering buying or selling property, it is never too early to speak with an experienced real estate lawyer. Real estate deals can be complicated. All real estate deals involve legally binding contracts. Before you sign a contract, lease, or any type of letter of agreement, it is recommended that you consult with your lawyer. An experienced attorney can help you parse the details and ensure that the process goes smoothly.

Our Suffolk County real estate lawyers can handle any real estate case, including:

• Real estate binders
• Home inspections
• Contracts of sale
• Title insurance
• Real estate closing
• Lease negotiations
• Land use and zoning issues
• Banking and settlement services

At The Meyers Law Group, P.C., we take an aggressive and proactive approach to your legal representation. Our goal is to help you move through the process of buying or selling property smoothly. All too often, real estate deals fall through because of a lack of attention to detail. Our attorneys and staff work together as a team to ensure no part of the process is skipped or missed.

We Can Help with Divorce-Related Property Division

If you are going through a divorce or separation and you owned property with your former spouse, you may need help dividing your assets. Depending on the circumstances of your divorce, you may be in a position where you have to sell a joint property or where one of you wants to buy the other out. Just like any other real estate deal, the process of dividing property after a divorce is complicated. The Meyers Law Group, P.C. is a family law firm in Suffolk County with over 20 years of experience in both real estate law and divorce proceedings. We offer every client aggressive yet compassionate legal representation.

For a free case evaluation, contact our real estate lawyers in Suffolk County online or at (631) 496-1484. You are our priority.

Effective March 20, 2024, the amended New York Real Property Law Chapter 50, Article 14 (the “Property Condition Disclosure Act”) will compel all sellers of residential property to complete and deliver a Property Condition Disclosure Statement (“PCDS”) to a buyer prior to signing a contract of sale. This statute does not apply to sellers of non-residential real property or sellers engaged in one of 14 exempt transactions.

The PCDS requires sellers to answer 56 disclosures to the best of their knowledge at the time of completing the form. Such disclosures address several issues relating to whether the property sustained possible structural, floor or mold damage, title claims and environmental issues, such as whether the property is located in a flood hazard area or has had exposure to petroleum products, lead, radon or asbestos.

The Property Condition Disclosure Act requires sellers to write out an answer or respond “yes”, “no”, “UKN” (unknown) or “NA” (non-applicable) to each question on the PCDS. Truthfully completing a PCDS will prevent a seller from being held liable for the actual damages suffered by a purchaser in connection with any disclosed item on a PCDS.

Failure to complete a PCDS or knowingly providing false information will bar a seller from the statutory protections granted by the Property Condition Disclosure Act and make the seller liable for actual damages suffered by a purchaser in connection with damages that were withheld by either failing to deliver or were falsely disclosed on a PCDS.

Key Points:

1. All sellers of residential property will either need to:
   • Determine whether their real property classifies as residential real property meaning, it is 4 or fewer units and seller is not conveying:
     • an unimproved lot,
     • condominium units,
     • apartments in a cooperative building,
     • or real property located in a home owner’s association that is not owned by such seller in fee simple;
   • Determine whether their sale qualifies as one of the 14 types of exempt transactions; or
   • Complete a PCDS and deliver it to the buyer before signing a contract of sale.

Exempt Transactions:

Sellers engaged in the following transactions do not need to complete and deliver a PCDS to a Purchaser:

1. Transfers pursuant to a court order,
2. Transfers due to a mortgagee or agent of mortgagor due to a foreclosure,
3. Transfers to a beneficiary of a trust,
4. Transfers pursuant to foreclosure sale,
5. Transfers by a sale under a power of sale that follows a default in the satisfaction of an obligation that is secured by a mortgage,
6. Transfers by a mortgagee, beneficiary under a mortgage or an affiliate or agent thereof, who acquired the property at a sale under a residential foreclosure,
7. Transfers by a fiduciary in the course of administration of an estate, guardianship, conservatorship or trust,
8. Transfers from one co-owner to another co-owner or co-owners,
9. Transfers to a spouse or lineal descendant,
10. Transfers between spouses or former spouses as a result of a dissolution of a marriage,
11. Transfers to or from a governmental entity,
12. Transfers of a new construction,
13. Transfers by a sheriff, or
14. Transfers pursuant to a partition action.

The Meyers Law Group, PC. can assist you in determining if you are required to comply with and will provide updates concerning the Property Condition Disclosure Act when appropriate.