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THE NEW YORK
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Representing Purchases & Sellers of Res Condos, Co-ops

Friday, November 9, 2012

- Location -
Affinia Manhattan
371 Seventh Avenue At 31st Street
New York, NY 10001-3984
(212) 563-1800

7.5 MCLE Credits: 7.0 Professional Practice; 0.5 Ethics

Description

The course will review the basic scope, steps and procedures for representing purchasers and sellers of condominium units, co-operative apartments and residences with mandatory membership in homeowners associations. Typical transactions, including sales pursuant to public offerings and private re-sales, will be examined from contract drafting and negotiation, through preparation for closing, closing and post-closing requirements. Due diligence checklists, sample contracts, title insurance and lender requirements will be discussed. Ethical considerations will also be addressed.

The program at each location will emphasize regional customs and practice.

The course is appropriate for those familiar with transactions involving single family homes who wish to learn more about transactions involving common interest communities. The program is also intended for practitioners with little or no experience in residential real estate transactions.

Program Agenda

8:30 – 9:00 a.m. Registration

9:00 – 9:25 a.m. Introduction

Program Overview
Definitions:

“Common Interest Community”

"Cooperative Interests in Realty”

Martin Act (Registration of Offerings)

Condominium

Cooperative

Homeowners Association

Distinguishing from single family homes, multiple dwellings and PUD’s

9:25 – 10:40 a.m. Sales Pursuant to Offerings Plans

Offering Plans, Amendments, Enforcement and Role of the Attorney General
Sponsor Concerns
Representing a purchaser

10:40 – 10:55 a.m. Refreshment Break

10:55 a.m. – 12:35 p.m. Re-Sales

Representing a seller of a Condominium, Cooperative or HOA unit
Representing a purchaser of a Condominium, Cooperative or HOA unit

12:35 – 1:35 p.m. Lunch on your own

1:35 – 4:20 p.m. Specific Issues*

Title Insurance (25 min)
Transfer/Managing Agents (25 min)
Lenders, Mortgages, Closing Attorneys and Federal Regulations (50 min)
Analyzing Financial Statements (25 min)
Home/Engineer Inspections (25 min)

*Refreshment break during this session – 15 minutes

4:20 – 4:45 p.m. Ethics

Engagement Letters
Fee Disputes
Conflicts of Interest
Escrows and Escrow Agents

4:45 – 5:00 p.m. Questions

5:00 p.m. Program Adjournment

Program Faculty

Program Chair
            Ira Goldenberg
            Goldenberg & Selker, LLP
            White Plains, New York

Local Panels

Albany: Joseph M. Walsh (Local Chair), Partner, Walsh & Walsh, Saratoga Springs, New York * Erica F. Buckley, Chief of Review, Real Estate Finance Bureau, Office of the Attorney General, New York, New York * Paula A. Lapin, Principal, Fix Spinde1man Brovitz & Goldman, P.C., Fairport, New York * J. Stephen Reilly, Partner, Whiteman Osterman & Hanna LLP, Albany, New York * Leon T. Sawyko, Partner, Harris Beach PLLC, Pittsford, New York * Thomas W. Spinrad, Ianniello, Anderson & Reilly, P.C., Clifton Park, New York * Rick Winkler, CPA, Fred H. Winkler & Company, P.C., Schenectady, New York.

Long Island: Richard Herzbach (Local Chair), Partner, Certilman Balin Adler & Hyman, LLP, East Meadow, New York * Hon. Jensen Ambachen, Assistant Attorney General, Office of the Attorney General, Real Estate Finance Bureau, New York, New York * Victor Bert, Partner, Nelson & Pope, Engineers & Surveyors, Melville, New York * Michelle E. Cohen, Associate, Certilman Balin Adler & Hyman, LLP, East Meadow, New York * Mitch Diamond, Senior Partner, Diamond Law Group, Mineola, New York * Howard A. Fuller, Partner, Fuller Lowenberg & Co., CPAs, P.C, Hauppauge, New York * Hon. Kenneth L. Gartner, Partner, Lynn, Gartner, Dunne & Covello, LLP, Mineola, New York * David Goldstein, President, Total Community Management Corp. * Jodi Hoffman, Partner, Certilman Balin Adler & Hyman, LLP, East Meadow, New York * Thomas C. Lowenberg, Partner, Fuller Lowenberg & Co., CPAs, P.C, Hauppauge, New York * Michael P. Sasso, Counsel, First American Title Insurance Company, New York, New York * Orest Tomaselli, CEO, National Condo Advisors, LLC.

Westchester: Ira Goldenberg (Local Chair), Partner, Goldenberg & Selker, LLP, White Plains, New York * Marvin N. Bagwell, Vice-President and Chief New York State Counsel, Old Republic National Title Insurance Co., Westbury, New York * Jennifer Martire Baukol, Senior Mortgage Advisor, Continental Home Loans, Purchase, New York * Ralph Berardi, Senior Mortgage Loan Originator, Continental Home Loans, Purchase, New York * James E. Carnicelli, President, Carnell Engineering, Valhalla, New York * Brian S. Cohn, Manager, Gettry Marcus Stern & Lehrer, CPA, P.C., Woodbury, New York * Mark D. Ginsburg, Partner, Ginsburg & Redmond, PC, Hawthorne, New York * Kenneth Jacobs, Partner, Smith Buss & Jacobs LLP, Yonkers, New York * * Lewis Montana, Partner, Levine & Montana, Peekskill, New York * Joseph S. Petrillo, President, All NY Title Agency, Inc., White Plains, New York * Lewis Polishook, Office of the New York State Attorney General, New York, New York * Matthew Lee Renert, Principal Attorney, Grievance Committee, Ninth Judicial District, White Plains, New York * Ronald A. Sher, Partner, Himmelfarb & Sher, LLP, White Plains, New York.

New York City: Dennis H. Greenstein (Local Chair), Partner, Seyfarth Shaw, New York, New York * Michael J. Berey, Michael J. Berey, Esq., Scarsdale, New York * Ellen Bitton, President and CEO, Park Avenue Mortgage Group, New York, New York * Anne Reynolds Copps, Principal, Law Office of Anne Reynolds Copps, Albany, New York * Judith Kaufman, Assistant Attorney General, Office of the Attorney General, State of New York * Ross M. Levine, Partner, Schwartz, Levine & Kaplan, PLLC, New York, New York * Mark Motley, Managing Agent, New York, New York * Marissa Piesman, Bureau Chief, Real Estate Finance Bureau, Office of the Attorney General, New York, New York * Norman Prisand, Partner, Prisand, Mellina, Unterlack & Co., LLP, Plainview, New York * Samantha Sheeber, Partner, Starr Associates LLP, New York, New York * Lewis C. Taishoff, Law Office of Lewis C. Taishoff, New York, New York * Allen M. Turek, Partner, Turek Roth Mester LLP, New York, New York * Howard L. Zimmerman, Howard L. Zimmerman Architects, P.C., New York, New York.

New this Year: All program materials will be distributed exclusively online in searchable PDF format, allowing attendees more flexibility in storing this information and allowing you to copy and paste relevant portions of the materials for specific use in your practice. A CLE NotePad © (paper) will be provided to all attendees at the live program site. The CLE NotePad © includes lined pages for taking notes on each topic, as well as any PowerPoint presentations submitted prior to printing. Traditional printed course books can be ordered at the program site for the discounted price and will be shipped subsequent to the program date.

Directions

From Long Island: Take I-495 WEST to MIDTOWN TUNNEL. Go through toll and Enter LEFT TUBE in Midtown Tunnel. Exit Tunnel and stay in LANE. Go LEFT toward Downtown. Turn RIGHT onto E 35TH ST – go STRAIGHT to 7TH AVE. Turn LEFT onto 7TH AVE. Follow to 31st & 7th Hotel is on East side of 7th Ave. From Connecticut: Merge onto I-95 S (Portions toll) (Crossing into NEW YORK). Keep LEFT to take I-278 W via EXIT 6B toward TRIBORO BR. Take the exit toward RANDALLS-WARDS IS MANHATTAN / FDR DRIVE. Stay STRAIGHT to go onto TRIBOROUGH BRIDGE (Portions toll). Merge onto FDR DR S. Take EXIT 8 toward I-495 / MIDTOWN TUN / E 34 ST. Stay STRAIGHT to go onto FDR DR SERVICE RD W. Turn RIGHT onto E 37TH ST. Turn LEFT onto PARK AVE. Turn RIGHT onto E 35TH ST. Turn LEFT onto 7TH AVE. Follow to 31st & 7th. Hotel is on East side of 7th Ave. From New Jersey: Take the N.J. TURNPIKE ramp toward NEW YORK AND NORTH. Merge onto I-95 N / NEW JERSEY TURNPIKE N toward CARS / TRUCKS-BUSES (Portions toll). Keep RIGHT to take I-95 N / NEW JERSEY TURNPIKE N toward I-80 / EXITS 15E - 18E / US-46 / INCOLN TUNNEL (Portions toll). Take EXIT 16E toward LINCOLN TUNNEL / NEW YORK CITY. Keep LEFT to take NJ-495 E toward LINCOLN TUNNEL (Portions toll) (Crossing into NEW YORK). NJ-495 E becomes I-495 E / LINCOLN TUNNEL. Take the exit on the LEFT toward I-495 E / 42 ST / RT-9A / ALL POINTS. Stay STRAIGHT to go onto DYER AVE. Turn RIGHT onto W 40TH ST. Turn RIGHT onto 9TH AVE. Turn LEFT onto W 38TH ST. Turn RIGHT onto 7TH AVE. Follow to 31st & 7th. Hotel is on East side of 7th Ave. From JFK: Start out going SOUTHEAST, Turn SLIGHT LEFT to take the ramp toward AIRPORT EXIT / OTHER TERMINALS. Stay STRAIGHT to go onto JFK EXPY. Merge onto I-678 N / VAN WYCK EXPY toward AIRPORT EXIT / RETURN TO TERMINALS / LONG TERM PARKING / RENTAL CAR RETURNS. Merge onto GRAND CENTRAL PKWY W via EXIT 10 on the LEFT toward LA GUARDIA AIRPORT / TRIBORO BR. Take the I-495 / LONG IS EXPWY exit- EXIT 10E-W- toward EASTERN LONG IS / MANHATTAN. Merge onto I-495 W via EXIT 10W on the LEFT (Portions toll). Take I-495 WEST to MIDTOWN TUNNEL. Go through toll and Enter LEFT TUBE in Midtown Tunnel. Exit Tunnel and stay in LANE. Go LEFT toward Downtown. Turn RIGHT onto E 35TH ST – go STRAIGHT to 7TH AVE. Turn LEFT onto 7TH AVE. Follow to 31st & 7th. Hotel is on East side of 7th Ave. From LaGuardia: Start out going NORTHEAST on LA GUARDIA RD. Turn SLIGHT LEFT toward TERMINAL A / MARINE AIR TERMINAL / RENTAL CAR RETURNS. Turn SLIGHT LEFT onto CENTRAL TERMINAL DR.Take the AIRPORT EXIT ramp. Merge onto GRAND CENTRAL PKWY W toward MANHATTAN. Take the BKLYN-QNS EXPWY exit- EXIT 4- toward STATEN ISLAND / I-278 W. Merge onto BROOKLYN QUEENS EXPY E. Merge onto I-278 W / BROOKLYN QUEENS EXPY. Take the L.I. EXPWY / I-495 exit- EXIT 35- toward MIDTOWN TUN / EASTERN L.I. / GREENPOINT AVE. Merge onto I-495 W via EXIT 35W on the LEFT toward MIDTOWN TUN / MANHATTAN (Portions toll). Take I-495 WEST to MIDTOWN TUNNEL. Go through toll and Enter LEFT TUBE in Midtown Tunnel. Exit Tunnel and stay in LANE. Go LEFT toward Downtown. Turn RIGHT onto E 35TH ST – go STRAIGHT to 7TH AVE. Turn LEFT onto 7TH AVE. Follow to 31st & 7th. Hotel is on East side of 7th Ave. From Newark: Take the N.J. TURNPIKE ramp toward NEW YORK AND NORTH. Merge onto I-95 N / NEW JERSEY TURNPIKE N toward CARS / TRUCKS-BUSES (Portions toll). Keep RIGHT to take I-95 N / NEW JERSEY TURNPIKE N toward I-80 / EXITS 15E - 18E / US-46 / LINCOLN TUNNEL (Portions toll). Take EXIT 16E toward LINCOLN TUNNEL / NEW YORK CITY. Keep LEFT to take NJ-495 E toward LINCOLN TUNNEL (Portions toll) (Crossing into NEW YORK). NJ-495 E becomes I-495 E / LINCOLN TUNNEL. Take the exit on the LEFT toward I-495 E / 42 ST / RT-9A / ALL POINTS. Stay STRAIGHT to go onto DYER AVE. Turn RIGHT onto W 40TH ST. Turn RIGHT onto 9TH AVE. Turn LEFT onto W 38TH ST. Turn RIGHT onto 7TH AVE. Follow to 31st & 7th. Hotel is on East side of 7th Ave.

The last day to pre-register online was November 8, 2012.

Members, please login to get member discounts.

Pricing Information for Member


Seminar

NYC-Registration	$165.00

Pricing Information for Non Member


Seminar

NYC-Registration	$265.00

Accommodations for Persons with Disabilities:
NYSBA welcomes participation by individuals with disabilities. NYSBA is committed to complying with all applicable laws that prohibit discrimination against individuals on the basis of disability in the full and equal enjoyment of its goods, services, programs, activities, facilities, privileges, advantages, or accommodations. To request auxiliary aids or services or if you have any questions regarding accessibility, please contact Cindy O'Brien at 800-582-2452 or cobrien@nysba.org.