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Real Estate Clsoings

Residential Real Estate Closings

Buying or selling a home is the most significant financial transaction that many individuals undertake in their lifetime. While this can be an exciting time, without the proper legal guidance, the process can be frustrating, overwhelming and more expensive than necessary.  Even if there are no obvious disagreements between the Buyer and Seller, it is advisable for each party to enter into real estate transactions with one’s own attorney who can help steer them away from common pitfalls and facilitate a smooth transfer of property.

We represent buyers, sellers and financial institutions in various real estate matters ranging from drafting a purchase and sale contract to obtaining the final title insurance policy.

We offer closing services throughout Rhode Island, Massachusetts and Connecticut.   We are not a general practice firm. Our focus is real estate and business law.  An experienced real estate attorney from our firm directly oversees and closes all transactions.  We do not use non-attorneys or contract attorneys to conduct any of our closings. 

Our firm is a member of ALTA; compliant with ALTA Best Practices and the CFPB; registered with Secured Settlements and writes title insurance for most major title insurers.  Our managing partner has been involved in the real estate industry for nearly 40 years and has personally bought, sold and/or managed hundreds of properties.  He has been a licensed contractor in 3 states, a licensed real estate broker in RI, a licensed property insurance adjuster and regularly teaches Realtors and Attorneys real estate law.  Our senior real estate paralegal has 27 years of concentrated real estate legal experience.

Our streamline and personal closing process is efficient and effective.  There are no forms to fill out, no online accounts to set-up and no contracts to sign.  You simply instruct your lender to forward the title order to info@richardpalumbolaw.com and send us a copy of your purchase and sales agreement.  We take care of all the rest. 

We offer our clients broad-based legal real estate advice and representation in the following transactions:

  • Real estate sales transactions
  • Closings
  • Construction contracts
  • Leases
  • Mortgage-based financing transactions

We are also available to assist with the following residential and commercial real estate issues

  • Tax Sales Defense and Petition to Foreclose the Right of Redemption
  • Easements and Easement Litigation
  • Adverse Possession
  • Mortgage Foreclosures (We not do mortgage foreclosure defense.)
  • 1031 Tax-free exchanges
  • Condominium Collections and Lien Foreclosures
  • Landlord-tenant disputes

Commercial Real Estate Closings

The commercial real estate market is far more complex than the residential market and is subject to a wide range of federal, state and local laws and regulations. The purchase and sale of office buildings, apartment buildings, shopping centers and other commercial properties also depends on a number of factors including zoning, title clearance and financing. 

Our real estate attorneys have expertise is all aspects of commercial real estate including:

  • Purchase and sale of real property
  • Construction (new construction and renovation projects)
  • Financing
  • Zoning and variance approvals
  • Drafting and negotiation of leases
  • Mortgage issues
  • Foreclosure and eminent domain matters
  • Landlord/tenant matters

We also advise clients on a variety of financing arrangements such as construction loans, syndicated mortgage loans, bond financing, conduit funding, sale-leasebacks and other complicated financings. Our team also has extensive experience negotiating and preparing commercial leases for shopping plazas, office buildings, and mixed-use properties on behalf of both landlords and tenants.

If you are considering buying, selling, leasing, or investing in commercial real estate property, consult our firm to ensure that your transaction is properly structured and your interests are protected.


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.



© 2019 Law Offices of Richard Palumbo, LLC | Disclaimer
535 Atwood Avenue, Suite 4, Cranston, RI 02920
| Phone: 401.490.0994

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