Who prepares the Contract of Sale in Manhattan New York?
Every market has its own unique way of conducting Real Estate transaction purchase or sale. In Manhattan New York, It is customary for the Seller's attorney to prepare the contract or Purchase Agreement, once the contract is prepared, it will be send to buyer's attorney. 
At that time, Buyer's attorney will review it with you (the buyer) and negotiate any necessary items with the Seller's attorney. This usually takes few days, if complicated, it can be few weeks. Once the contract has been fully negotiated, you (the buyer) will sign the contract with its appropriate disclosures and return to buyer's attorney along with a check for the down payment ( this is usually 10% of the sales price.
Every local Real Estate market has its own rules, laws and policies, by using the local experts, it will benefit you as the buyer or seller to have the most smooth transaction without stress or unexpected obstacles.
If you are looking to purchase a home in Manhattan New York, contact us today at (917)837-8869.
Other must read blogs before you buy a Manhattan New York condos:
- How to determine a good Manhattan NY Condo investment?
- Manhattan New York condos near NYU- New York University
- Buyer Checklist for Manhattan New York condos
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Eileen Hsu 許雅嵐 (email: EHSU(@)elliman.com)
We specialize in Manhattan New York Condominiums, townhouses, condops and cooperatives. We are condominium residents ourselves so we understand the Manhattan New York condominium community. We also enjoy all Manhattan neighborhoods, especially Upper West Side, Lincoln Square, Midtown East, Murray Hill, Financial District, Chelsea, Fifth Avenue, Greenwich Village, Nolita and etc just to name a few. If you or you know someone that may be interested in selling, buying or leasing their Manhattan New York condo, call us today (917)837-8869 or (646)644-6929 and we can discuss your specific Real Estate needs in private. Thank you.
To read more about Manhattan New York Real Estate, click on our websites below:
Manhattan New York Condo Specialists or Chinese Speaking Real Estate Agent
