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Understanding the Buyer’s Mortgage Contingency: What Sellers in Queens Need to Watch For

Understanding the Buyer’s Mortgage Contingency: What Sellers in Queens Need to Watch For

by admin | Jun 15, 2025 | closings, contracts, Home Sellers, Legal Advice, Queens real estate, Real Estate Law

In residential real estate transactions throughout Queens and the greater New York City area, one of the most important clauses in the contract is the mortgage contingency provision. While it provides necessary protection for buyers, it also introduces uncertainty for...
“Time of the Essence” in New York Real Estate Contracts: What Sellers Need to Know

“Time of the Essence” in New York Real Estate Contracts: What Sellers Need to Know

by admin | Jun 15, 2025 | attorney, closings, Home Sellers, Queens real estate, Real Estate Law

In New York real estate transactions, deadlines matter—but not all deadlines are created equal. One phrase that often appears (or is deliberately excluded) from residential contracts is “time of the essence.” This legal term carries significant implications for both...

Recent Posts

  • Understanding the Buyer’s Mortgage Contingency: What Sellers in Queens Need to Watch For
  • “Time of the Essence” in New York Real Estate Contracts: What Sellers Need to Know
  • 📄 Understanding the Queens Real Estate Contract from the Seller’s Side
  • 🏡 What Are the Closing Costs When Selling a House in Queens, NY?
  • 🏚️ Should You Waive the Inspection in a Hot NYC Market? A Real Estate Attorney’s Advice

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