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COOPERATIVE APARTMENTS
This page is designed for people who want to sell or buy a
cooperative apartment. We need certain information from you
before we are able to represent you properly. All information
you enter will be submitted on a secured page for your privacy.
To insure accuracy, please take your time in completing the
questionnaire.
Fees
Please note that, at the completion of this questionnaire,
you will be asked to provide credit card information and
to authorize payment for the fees and costs involved. These
fees and costs are described below. For new clients using
this online service, Hollander and Company LLC charges
$3,000.00 as legal fee for representation of a seller or
buyer in connection with the sale of a coop apartment.
Upon retaining our services on line you
will be required to make a $1,500.00 down payment, charged
to your credit card, with the balance due when a contract
is signed.
If you are a seller, this fee includes:
- Telephone consultation with client, as appropriate
- Preparation of the sales contract
- Negotiation with buyer's attorney
- Serving as escrow agent with respect to the Down payment
- Title report review
- Attendance at Closing within the Borough of Manhattan
(Travel charge of $250.00 applies outside of Manhattan)
- Preparation of Closing Statement
If you are a buyer, this fee includes:
- Telephone consultation with client, as appropriate
- Review of the sales contract and Prospectus
- Negotiation with seller's attorney
- Title report review
- Attendance at Closing within the Borough of Manhattan
(Travel charge of $250.00 applies outside of Manhattan)
- Preparation of Closing Statement
Please note that not all contracts necessarily
result in a successful Closing. For example, a proposed buyer
with a financing contingency may not be able to obtain the
necessary loan. Failure of one party or another to satisfy
their respective obligations under the contract may also result
in a cancellation of the transaction. These, of course, are
only examples. Since a law firm cannot guaranty the result,
our fee shall not depend on whether or not the transaction
actually closes. Disbursements for items like photocopies,
faxes and messengers are also billed separately.
Hollander and Company LLC reserves the right
to discontinue representation in the event of non-payment
of fees, conflict of interest or for other reasons which ethically
make withdrawal advisable in the opinion of the firm.
In the unlikely event that a dispute may
arise between the firm and you, we mutually agree that New
York State law shall control, and that venue for any action
or proceeding will be exclusively maintained in a Court of
competent jurisdiction located in the borough of Manhattan,
City and State of New York.
If these terms are agreeable to you, please
signify your agreement by typing the words "I AGREE"
in the space below and then proceed to the Questionnaire.
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