CONTACT US

FLUSHING, NEW YORK

Add: 3808 Union Street, Suite 9A

         Flushing, NY 11354

Tel: 718-650-8686; 718-766-2567

Fax: 718-360-9695

Email: ny@faan.com

Web: www.faan.com

​WeChat: 7186508686

 

EDISON, NEW JERSEY

Add: 2015 Route 27, Suite 107

         Edison, NJ 08817

Tel: 718-766-2567, 718-650-8686

Fax: 718-360-9695

Email: nj@faan.com

Web: www.faan.com

​WeChat: 7186508686

 

​​​​© 2023 by FAAN.com, Weitao Chen, Esq.

Real Estate Transaction
 

In real estate transactions, there are a lot of potential legal risks. Real estate transactions always involve a huge amount of money, and sometimes are very complicated. It is advised to employ experienced attorneys to safeguard your lawful interests in the transactions.  According to the law of New York state, it is mandatory to have attorneys to participate, supervise, and guide all legal documents, from contract execution, title insurance, to deed recording. 

 

Our real estate attorneys provide legal services to various kinds of real estate transactions, including commercial buildings, residential buildings, co-ops, condominiums, and clinics. Our clients include developers, banks, buyers, sellers, co-op boards, and etc. 

Deed
Transfers
 

Transfer Deed? Not Merely a Name Change! It is a question to choose Arm's Length Transaction or Gift, Joint Tenancy or Tenancy in Common. 

here are two ways  available to transfer a deed, i.e. arm's length transaction and gift. The two ways to transfer a deed implicate great differences and consequences regarding to taxes, fees, and title insurance.  There are also different types of deeds to hold a property, including joint tenancy with right of survivorship, tenancy by the entirety, and tenancy in common. A joint tenancy with right of survivorship and tenancy by the entirety are a type of concurrent estate in which co-owners have a right of survivorship.

Commercial
Lease
 

Find and Remove Hidden Traps, Fight for Favorable Provisions. Your Commercial Investment, Protected by Our Expertise. 

 

If you want to run a business or open a restaurant in a commercial building, you must pay attention to the legal issues involved in the commercial lease. All our attorneys are juris doctors graduated from prominent American law schools, and have handled numerous commercial lease examination and disputes. Our attorneys will carefully examine each provision of each lease in order to fight for the most favorable provisions for you, and find and remove hidden traps. With a huge amount of investment at stake, our attorneys strive to protect your commercial investment!

REAL ESTATE LAW

Commercial
Building
 

Complicated Commercial Transaction, and Huge Amount of Investment

Deserve Highly Qualified Attorneys.Our attorneys have closed hundreds of commercial & industrial real estate transactions and are well prepared to negotiate the terms, conditions and contingencies of any such transaction.

 

Commercial transactions are more complicated than residential ones and require extra attention to certain covenants and contingencies. Particularly important is the clause regarding existing tenants, which should specify the apportionment of rent payments and who bears the responsibility of evicting holdover or non-paying tenants. 

Landlords &
Tenants

Tenants in Default? Landlord Difficult to Get Along with? Defend Your Lawful Rights, With Fixed and Predetermined Fees. 

Our attorneys are experienced in handling landlords and tenants disputes. Before accepting your case, we will tell you all fees you need to pay, and only a fixed amount will be charged from the commencing to the conclusion of the case, which means that we don't charge based on numbers of trials or times spent on the case. If you have a case lasting for a very long period of time and left unresolved, you may come to our office with your case for a free evaluation and consultation. 

Foreclosure
and Short Sales
 

Foreclosure is a legal process that happens when a homeowner (although "borrower" might be a more appropriate term from the perspective of the lender) is unable to make mortgage loan payments for a significant period of time. 

 

A short sale happens when a homeowner owes more on the mortgage balance than the market value or sale price of the property at the point the owner wants to sell. For a short sale, the homeowner is essentially asking the mortgage lender (typically a bank) to accept a lesser amount than the total mortgage owed.