Selling a business can be a stressful event and there is a lot of negotiation that goes into it.  For purposes of this post, we will focus on negotiation of an asset purchase agreement, where the business sells most, or all, of its assets to a purchaser.  There are many important provisions in an asset...Read More

You are purchasing a property and have tendered your down payment check to the Seller’s attorney.  Your contract contains a mortgage contingency clause, which provides that, among other things, your obligation under the contract as a purchaser is conditional upon you obtaining a mortgage commitment within a certain time period.  The clause further states that,...Read More

As we have discussed previously here, there are so many moving parts when it comes to a real estate transaction, on both the buyer’s and seller’s side. There are certain tasks that each party has to complete in order to close a transaction and a team of professionals that is helping them complete each task....Read More

Amy and I (Laura) talk a lot about communication and how vital it is to our relationship with each other and our clients because its’ importance is something we have learned first hand throughout our careers. We have learned lessons about the importance of communication with clients, but we have also learned the importance of...Read More

Last fall, Laura and I had the privilege of presenting at the Small Business Summit for a marketing company that we have partnered with for over a year now. As lawyers, we were asked to present on the topic of the legal needs that businesses should consider when they are getting started. Given that Laura...Read More

In the past two years, our firm has represented eager homebuyers – many of them buying a home for the first time. It is an exciting, complex, and whirlwind time for a first-time homebuyer and for any buyer at that. The buyers must be in constant contact with their attorney, real estate agent, loan officer,...Read More

Last week Amy and I had the honor of being part of an Attorney Panel with Carnegie Title at Keller Williams Valley Realty in Woodcliff Lake, New Jersey.  It was so great to be there in person to answer questions and have a discussion about all things real estate.   We get questions all of the...Read More

One of the most widely asked questions of sellers and buyers of real estate is, “What does ‘as is’ mean in the contract?”  And the follow up questions vary depending on whether the client is a seller or a buyer. A seller may ask, “Do I need to repaint the walls and replace the carpet?”...Read More

After finalizing the contract of sale and any riders thereto, the next steps in the process involve obtaining a home inspection and ascertaining what – if any – repairs the buyer will request the seller to address. A home inspection is a deep-dive into every nook and cranny of the property by a professional, licensed...Read More

Non-compete agreements have been the subject of a litany of litigation around the country. They are one of a variety of different types of what’s called a restrictive covenant, which could also include non-disclosure agreements and non-solicitation agreements. It is common for a single agreement to include many, if not all of these restrictive covenants....Read More