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Holtzschue on Real Estate Contracts and Closings: A Step-by-Step Guide to Buying and Selling Real Estate (Third Edition)

Author(s): Karl B. Holtzschue
Practice Area: Real estate, Real estate contracts, Real estate transactions, Real property, Residential real estate
Published: Jun 2007
Supplement Date: Nov 2021 i Other versions can be found in the Related Items tab.
ISBN: 9781402408861
PLI Item #: 13320

Distilling more than thirty years of transactional experience into one savvy, plain-English treatise, Holtzschue on Real Estate Contracts and Closings provides thorough legal, technical, and strategic guidance to help implement dispute-free residential deals more quickly and easily.

This treatise clearly explains the governing law and customary industry practices to ensure that practitioners can successfully prepare for a sale or purchase of real estate, including knowing how to:

  • Deal with the appropriate documents, tax issues, and brokers
  • Draft and negotiate the contract, with the help of numerous labor-saving sample forms that speed the process
  • Prepare for the closing, including the documents and scheduling details
  • Close the sale, including delivering and reviewing deeds and other paperwork, and dealing with insurance policies, tax documents, and closing checks

Included are checklists for sellers’ and purchasers’ attorneys that ensure all key steps are taken, as well as highlighted tips that underscore important transactional issues.

Holtzschue on Real Estate Contracts and Closings is an invaluable resource for real estate attorneys and general practitioners handling real estate deals, as well as an important reference for brokers, title insurers, and inspectors.
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Karl B. Holtzschue, an alumnus of Dartmouth College (1959) and Columbia Law School (1966), is an author on legal topics and has also taught as an Adjunct Professor at Columbia Law School, Columbia Business School, Fordham Law School and Vermont Law School. From 1988 to 1990, he was the partner heading the real estate department in the New York City office of the law firm of O’Melveny & Myers. Before that he had been a member of the New York City firm of Webster & Sheffield. Mr. Holtzschue’s experience has been in all aspects of real estate law and all types of real estate transactions, including acquisitions and sales; private, public, and nonprofit developments; leasing; representation of institutional lenders in construction; permanent and convertible loans; joint ventures; and workouts.

From 1987 to 1990, Mr. Holtzschue chaired the Committee on Real Property Law of the Association of the Bar of the City of New York (the City Bar). In 1998 he became a member of the Executive Committee of the Real Property Law Section of the New York State Bar Association and co-chair of the Section’s Title and Transfer Committee. In 2004 he was elected an officer of the Executive Committee and serves as Chair for a year beginning June 1, 2007. He is a member of the American College of Real Estate Lawyers and has been active on several committees of the City Bar and the New York State and American Bar associations.

He is a former member of the TriBar Committee on Lawyers’ Opinions. In addition to Holtzschue on Real Estate Contracts and its supplements, Mr. Holtzschue has written three books on the purchase and sale of real estate and chapters on caveat emptor, mortgage commitment contingencies, real estate financing, mortgage-backed securities, and mortgage loan opinions for standard texts on real property. He is the editor of the NYSBA’s Residential Real Estate Forms on HotDocs. He has written articles in various publications, has participated in drafting model contracts of sale, and has lectured extensively on real estate matters, including purchase and sale of real estate, transfer taxes, and attorneys’ opinions in mortgage loan transactions.