Share

Real Estate Law

 

Experienced Real Estate Attorneys

While the residential and commercial real estate markets offer a diverse mix of properties to buyers, businesses, investors and developers, there are a number of legal and financial issues to consider.  Whether you are a buyer, borrower, seller or lender, engaging in successful transactions ultimately requires the advice and guidance of a knowledgeable real estate attorney.

Headquartered in Cranston, Rhode Island, the Law Offices of Richard Palumbo, LLC provides advice and counsel to a wide range of clients throughout Rhode Island, Massachusetts and Connecticut.  We are well versed in applicable real estate laws and work closely with each client through all phases of residential and commercial property transactions from contract to closing.

Our founding and managing attorney, Richard Palumbo has over 30 years experience in the real estate industry and has purchased, sold, managed and/or developed hundreds of properties.  Richard and his team of highly skilled real estate professionals use this practical experience for their clients’ benefits.  We understand your real estate needs because we have been in your shoes!

Our firm’s real estate practice is broad based, which includes but is not limited to the following real estate related legal services:

  • Negotiation and drafting of residential and commercial Purchase and Sales Agreements

  • Option Agreements, Right of First Refusals and Assignment Agreements;

  • Negotiation and drafting of Loan Documents;

  • Deed Preparation;

  • Residential Closings and Settlements;

  • Commercial Closings and Settlements;

  • Complete Title Services;

  • Connecting Lenders and Borrowers of Private or Hard Money Loans;

  • Re-Financing and Reverse Mortgages;

  • Land Use and Zoning;

  • Lease Negotiations and Drafting: Residential, Commercial, Retail, and Ground Leases;

  • Easements;

  • 1031 Tax-Free Exchanges;

  • Mortgage Foreclosures;

  • Buyer-Seller disputes;

  • Landlord-Tenant disputes and Evictions and

  • All aspects of Real Estate Litigation.

Purchase and Sales Agreements

We can provide basic single family purchase and sales agreements or highly complex custom drafted purchase and sales agreements to suit the needs of our business, investor or developer clients for a wide variety of properties including but not limited to the following:

  • Multi-family (i.e. 1-3 units) owner occupied homes for individuals;

  • Residential Condominium units owner occupied for individuals;

  • Single family homes for purchase, repair and resale by investors for resale to individuals;

  • Multi-family (1-3 units) purchase, repair and resale by investors for resale to individuals;

  • Residential Condo units purchase, repair and resale by investors for resale to individuals;

  • Single family homes for purchase and rental by investors;

  • Multi-family (1-3 units) for purchase and rental by investors;

  • Residential Condo units for purchase and rental by investors;

  • Apartment buildings for investors;

  • Commercial Properties for purchase by investors or businesses (i.e. office condominiums, office buildings, retail condominiums, retail buildings, retail plazas, medical offices, professional offices, franchise locations, gas stations, convenience stores, super markets, banks, pharmacies, malls, hotels, motels, inns, restaurants, movie theaters, car washes etc.);

  • Industrial Properties (i.e. trucking terminals, mills, manufacturing, wharfs, etc.) for investors and businesses;

  • Telecommunication and Cell Towers;

  • Land for farming purposes and

  • Land for development of residential, commercial, Industrial, Cell Towers, Wind Turbines, Solar Farms, etc.

Option Agreements, Right of First Refusals, Assignment Agreements and More

Our highly skilled real estate attorneys can prepare, draft or create any type of real estate agreement including but not limited to the following:

  • option agreements and rights of first refusals;

  • assignment of purchase and sales agreements for the wholesale real estate investor;

  • loan agreements, promissory notes, mortgages and other loan documents;

  • mortgage discharges and mortgage assignments;

  • security agreements and UCC-1 financing statements and

  • quit claim, warranty, life estate, foreclosure, trustee, executor and administrator deeds.

Residential and Commercial Real Estate Transactions

The Law Offices of Richard Palumbo represents Buyers, Borrowers, Sellers, and Lenders.

We have developed and regularly work with our highly respected network of real estate professionals including Realtors, brokers, insurers, financial institutions, conventional lenders, private lenders and national title insurers.  Our network of real estate professionals helps our clients take advantage of opportunities while effectively managing risk. Our guiding principles are to provide the highest quality real estate legal services for our clients, to always put the best interests of clients first and ensure that each transaction is handled ethically, efficiently and excellently.

Our firm is a “one stop real estate shop” for buyers, borrowers, sellers and conventional and private lenders of all types of real estate.  We are uniquely suited to handle any type of real estate transaction from single family vanilla box closings and to complex commercial closings.  Our firm is attorney owned and operated and every real estate transaction is overseen by an experienced real estate attorney.  We do not use non-attorneys to close your real estate transaction.  Our firm is a member of ALTA; compliant with ALTA Best Practices and all CFPB regulations; registered with Secured Settlements and writes title insurance for most major title insurers. 

Residential Real Estate

As property values continue to rise, buying or selling a home is the single largest financial transaction that many individuals will undertake in their lifetime.  The purchase or sale of single-family and multi-family homes, condominiums and townhouses involves a host of complex legal and financing issues.  For these reasons, having proper legal representation is essential.

At the Law Offices of Richard Palumbo, LLC, we understand that buying or selling a home can be an emotional and stressful process.  Our team is committed to delivering quality service and ensuring each deal closes in a timely fashion.  Our full time legal team handles all aspects of your residential closing.  We prepare all the necessary legal documents, including loan documents, deeds and other closing documents, assist with obtaining financing, represent clients at closing, record documents, and obtain final Title Insurance policies. By handling all the details, we minimize the stress so that our clients can focus on their daily routines.

Commercial Real Estate

Transactions in the commercial real estate market are far more complex than in the residential market. Our experienced real estate attorneys are well versed in the legal, regulatory and financing considerations of commercial real estate transactions.  Our legal team is uniquely qualified to advise clients on the purchase and sale of office buildings, apartment buildings, shopping centers and other commercial properties.

We routinely assist our commercial and developer clients with highly complex real estate legal services including but not limited to the following:

  • Drafting and negotiating purchase and sales agreements;

  • Assistance with due diligence items (i.e. inspections, environmental reports, surveys, engineering reports, etc.);

  • Title Search, Title Clearing and Title Insurance with all available endorsements;

  • Representation at the purchase closing;

  • Land use approvals;

  • Drafting of Home Owner Association and Condominium Documents;

  • Representation of the developer at the sale of the units and

  • All aspects of Complex Real Estate Litigation.

The Law Offices of Richard Palumbo, LLC works closely with buyers, borrowers, sellers, conventional and private lenders to ensure that commercial transactions proceed smoothly.  We provide a powerful combination of legal knowledge and business acumen to help our clients achieve successful outcomes.

Title and Escrow Services

The Law Offices of Richard Palumbo offers comprehensive Title and Escrow Services including the following:

  • Title Searches, Commitments and Certificates of Title;

  • Closing, escrow and settlement services for residential and commercial property transactions and

  • Title Insurance

Lender Representation and Foreclosures

The firm’s practice is also dedicated to providing lenders with legal representation in connection with residential and commercial mortgage foreclosures. Our processes ensure that all foreclosures are handled efficiently so that our lender clients can mitigate any potential losses.

Private Loans

Our firm has a well established network of private lenders that are available to provide private or hard money loans for all types of investment and commercial properties.  Our private lenders offer a wide variety of private loan products for REOs, Short Sales, Estate Sales, Distressed Properties, Single Family (Non-Owner Occupied), rental properties (i.e. mixed use properties, multi-families and apartment complexes), fix and flips and construction and development and commercial properties (i.e. office buildings, retail properties and more).  Our private lenders can lend from $10,000 to $10,000,000 throughout Rhode Island and Massachusetts.  Our private lenders can close in 14 days.  Many of our private lenders’ loan products offer the following features: 10-20% down payment, 12-48 month terms, no pre-payment penalties and no income or credit verification.

Condominium Law

Our experienced condominium law attorneys work with condominium and homeowner associations in   Rhode Island on a wide range of issues. We leverage our knowledge and skill to design creative solutions to property management questions, easement issues, tax matters, insurance coverage, and other legal matters including the following: formation of condominium associations; transition of control from the developer to the unit owners; assisting the board of directors of the association; drafting condominium association declarations, bylaws, amendments, etc.; rule enforcement; collections of past due condominium fees (never a fee to the association); loans for the condominium association; FHA  certification and recertification; resale certificates; dispute resolution and litigation; insurance adjusting of large losses and litigation for denial or delay of an insurance claim.

Real Estate Attorneys

At the Law Offices of Richard Palumbo, our objective is to provide each client with a superior level of personal service that is also cost effective. Regardless of the type of property or the nature of the transaction, we have the skills and resources that a necessary to close the deal. In the event of a dispute, we prefer to reach negotiated settlements, but we are fully prepared to litigate any matter in court.

Our legal team has a well earned reputation for efficient and ethical legal services.  Call our office today to set up a consultation or complete the contact form on our website.

The Law Offices of Richard Palumbo, LLC represents clients in Cranston, Warwick, Coventry, Johnston, Providence, Pawtucket, Central Falls, and throughout Rhode Island, Massachusetts and Connecticut.

                                      


The Law Offices of Richard Palumbo, LLC assists clients with Real Estate Law, Business Law, Probate, Evictions for Landlords and Property Damage matters in Rhode Island including Cranston, Warwick, Coventry, Johnston, Providence, Pawtucket, Central Falls and all areas throughout RI.



© 2018 Law Offices of Richard Palumbo, LLC | Disclaimer
535 Atwood Avenue, Suite 4, Cranston, RI 02920
| Phone: 401.490.0994

Business Disputes Litigation | Business Law | Civil Litigation | Commercial Real Estate | Condominium Law | Construction Litigation | Estate Litigation | Evictions | Mortgage Foreclosures | Purchase/Sale of a Business | Commercial Real Estate | Probate & Estate Administration | Product Liability | Property Damage & Insurance Law | Real Estate Law | Real Estate Litigation | Residential Real Estate | REO Services | | Resources

Attorney Website Design by
Zola Creative