ALLOMONG & ASSOCIATES, P.C.

Phone: 917-946-1031

Email: tim@allomonglaw.com

Office Location: 410 West 48h Street, Suite 2, New York, NY 10036

© 2019 Allomong & Associates, P.C. All Rights Reserved.

Buying and Selling Real Estate in NYC

Allomong & Associates, P.C. specializes in transactional real estate law in NYC. Tim Allomong has represented hundreds of satisfied clients in purchasing and selling coops, condos, townhouses, brownstones, and other single-family and multi-family properties. We take pride in handling every real estate transaction with precision, integrity, and efficiency. Allomong & Associates, P.C. is a 100% referral-based law practice. Just check out our Yelp page!

Our legal fees for real estate transactions are based on a flat fee structure and include the services listed below. Note that every deal is different. Please call 917-946-1031 or email tim@allomonglaw.com for a legal fee quote.

For Condominium & Cooperative Unit Purchases:

  1. Due diligence, including attorney review of the condominium's (a) board minutes, (b) financials, (c) offering plan, and (d) a questionnaire to be filled out by the building's property manager;

  2. Review, negotiation, and explanation the Contract of Sale and applicable Riders, ;

  3. If financing, review of the loan commitment and collaboration with the lender (we have preferred lenders and loan officers, please inquire by email);

  4. Resolving any issues (such as title issues and repair issues) prior to closing;

  5. Preparation for closing, including an accounting of the transaction for purchaser's tax professional;

  6. Representation at the closing; and

  7. Preparation of a closing binder, including complete documentation of the transaction.

For Condominium & Cooperative Unit Sales:

  1. Review, negotiation, and explanation the Contract of Sale and applicable Riders;

  2. Resolving any issues (such as title issues and repair issues) prior to closing;

  3. Preparation for closing, including an accounting of the transaction for seller's tax professional, obtaining payoffs for any liens and/or judgments against the seller and/or the apartment unit (this includes paying off the mortgage);

  4. Representation at the closing; and

  5. Preparation of a closing binder, including complete documentation of the transaction.

Commercial Leasing in NYC

Allomong & Associates, P.C. also represents tenants, owners, and developers of all sizes in the commercial leasing of office, industrial, and retail property in New York City. In entering into a commercial lease, it is so imperative to have an attorney who understands your business goals, how the space will be used (and how it will not be used), and what is expected from all parties during the tenancy.

Allomong & Associates, P.C. handles simple and complex lease negotiations with business and legal factors in mind, as well as paying close attention to municipal restrictions or limitations, and tax issues.

Please reload