This program is designed to provide practitioners with reviews of agreements of purchase and sale as well as disclosure and resale documents for both commercial and residential transactions. The speakers will discuss what to look for in the agreements and the documents to ensure that clients are protected; problems that may arise in a marketplace where clients do not or cannot complete their transactions; and what remedies or solutions may be available. There will be a review of recent decisions from the courts and arbitrators.

Focus: This program is designed to provide practitioners with reviews of agreements of purchase and sale as well as disclosure and resale documents for both commercial and residential transactions.

Highlights:
• Highlights of the agreement of purchase and sale
• Having the right clauses in your purchase agreement
• Dealing with fi nancing and other closing problems
• Dealing with developers and their lawyers

  Webcast Available

9:00 am Introductory Remarks

9:05 am The Agreement of Purchase and Sale and Documents – Issues to Consider When Buying a New or Used Residential Condominium
• Highlights of the agreement of purchase and sale
• Delayed closings for new construction
• Review of disclosure statements
• What to look for in status certifi cates
Warren D. Kleiner, Miller Thomson LLP

9:40 am Issues to Consider When Buying a New or Used Commercial Condominium Unit
• What is the unit, fi xturing the unit and utilities
• Restrictions on use of units and parking
• Maintenance, repair and operations
• Special insurance considerations
Harry Herskowitz, DelZotto, Zorzi LLP

10:15 am Break

10:30 am Plugging the Holes in the Dyke
• Bullet proofi ng your disclosure statement
• Having the right clauses in your purchase agreement
• Handling changes during construction
• Dealing with fi nancing and other closing problems
Leor Margulies, Robins Appleby & Taub LLP

11:05 am Advising Your Client in a Falling Market
• It’s the client’s problem - do not make it yours!
• With and without prejudice letters - when and how to use them
• Less can be better - when not to tell the other side your client’s story
• The under-use of anticipatory breach
• Watch out for the phony tender!
Theodore B. Rotenberg, Burstein & Greenglass LLP

11:40 am Discussion and Questions

12:30 pm Program Concludes