McOmber McOmber & Luber, P.C.

Business & Employment Lawyers Red Bank & Marlton New Jersey

732-842-6501
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Real Estate

 Red Bank, NJ, Marlton, NJ, Newark, NJ, New York, NY, and Philadelphia, PA Real Estate Lawyers

Almost every real estate transaction contains hidden complexities and peripheral issues that must be addressed. Without knowledgeable representation, you risk making a critical mistake that could jeopardize your investment.

Red Bank, NJ, Marlton, NJ, Newark, NJ, New York, NY, and Philadelphia, PA real estate lawyers at McOmber McOmber & Luber, P.C., provide representation to sellers and purchasers in commercial, residential and nonprofit real estate transactions. We are known throughout the state for the caliber of our legal counsel in high-value transactions. In all matters, you can rely on our lawyers to protect and advance your interests.

The firm represents both buyers and sellers in real estate transactions. We direct the drafting, negotiation, and enforcement of sales and purchase agreements that are tailored to your specific goals. The firm also provides knowledgeable guidance in the process of securing financing for real estate and development projects. Our skilled real estate attorneys have represented both lenders and borrowers in loan transactions and agreements.

Real Estate Attorneys Protecting Clients’ Interests In Transactions And Development

Our real estate attorneys provide attentive service, understanding your current needs and future plans. Our representation is tailored to your personal objectives and structured to protect your investment. We regularly develop and negotiate complex, commercial leases. When commercial lease disputes arise, our skilled attorneys work diligently to advocate on your behalf. We deal with a wide range of commercial landlord-tenant matters, including nonpaying tenants, destructive tenants, lease violations and handling the eviction and removal of tenants.

Moreover, our firm has extensive experience in land use, planning, and zoning matters, including development applications, litigation and appeals. Our firm also specializes in a wide range of real estate litigation and disputes, including boundary line disputes, contract enforcement, title litigation, encroachments, and easements.

Commercial landlords and tenants have relied upon our services for the drafting of strategic lease agreements and trust our abilities to protect their investments. Should any real estate, planning, zoning, or property matter come into dispute, we are prepared to resolve the conflict through litigation or through an appeal.

Why You Need a Real Estate Lawyer

There are several reasons why you should consider using a real estate lawyer for any and all real estate transactions:

  • Knowledge: Our team has extensive understanding of the complex laws and regulations that govern real estate transactions and can help you navigate the necessary legal requirements.
  • Have Guidance For Complex Transactions: Real estate transactions can be complex and involve significant financial investments. A real estate lawyer can provide guidance and advice on various aspects of the transaction, such as financing, zoning, taxes, and environmental regulations.
  • Avoid Legal Disputes: Real estate transactions can sometimes result in legal disputes between parties. Our attorneys can help prevent or resolve disputes by providing legal advice and representation in negotiations, mediation, arbitration, or litigation.
  • Peace of Mind: Having one of our New Jersey real estate lawyers involved your real estate case can provide peace of mind for all parties involved, such as reassurance that the transaction is being conducted in a legal and ethical manner and that your interests are protected.

McOmber McOmber & Luber Attorneys Representing Clients in Real Estate & Property Development

Our real estate lawyers in Red Bank, NJ, Marlton, NJ, Newark, NJ, New York, NY, and Philadelphia, PA are ready to assist with all matters of real estate law, including assisting you throughout the development process, preparing and filing applications and securing permits and approvals, regularly appearing on behalf of clients before local planning and zoning boards and more.

In terms of property development, we are committed to understanding your business objectives and long-term goals for the land in question, along with providing solutions and strategies that are customized to advancing your goals while ensuring that your interests and investments are protected.

No matter what your real estate law questions are, our team can help. Contact us today for a free consultation.

Real Estate FAQs

  • What do I do if I do not see my real estate question answered here?

    If you have questions other than the ones listed on this frequently asked questions page, or if you want to know more details about the topics listed here, contact the real estate lawyers at McOmber McOmber & Luber, P.C. in Red Bank, New Jersey.

  • Do I need a lawyer when I refinance my mortgage?

    Lenders sometimes advertise quick and inexpensive refinances, but you should beware of these offers. If you refinance your mortgage, you should hire a real estate lawyer to help you renew your title insurance and ensure that the lender is acting in your best interest.

  • What is a short sale?

    A short sale is a last-ditch effort to avoid foreclosure. A homeowner who cannot pay their mortgage sells the house for less than the mortgage amount and gives the entire proceeds for the bank. This allows the buyer to buy the house at an affordable price. 

  • What is a foreclosure sale?

    A foreclosure is when the mortgage lender (usually a bank) repossesses the house after the borrower has stopped making payments on the mortgage. Therefore, the lender is just trying to recover their losses by selling the house to you, so they are often willing to sell at a low price.

  • What is a 1031 exchange?

    A 1031 exchange is mostly similar to any other sale of a real estate property, except that the gains from the sale are not taxable, at least not in the same tax year that the sale took place. 1031 exchanges have been popular among small-scale real estate investors, but laws that went into effect in 2021 will restrict the circumstances where you can conclude 1031 exchanges. 

  • What is title insurance?

    Title insurance protects you from enormous legal fees in case a dispute arises about the title to your house, such as if a previous owner was not truthful about their ownership of the house. The buyer, with the help of their lawyer, should obtain the title insurance. The cost of the premium depends on the sale price and the mortgage principal amount.

  • What must the buyer pay at closing?

    The buyer is responsible for paying for the inspection, survey, title searches, title insurance, mortgage costs, taxes, and attorney’s fees. Depending on the type of property you are buying, you might also need to pay for condo fees or homeowner’s insurance.

  • What must the seller pay at closing?

    When you close on a sale, you must pay off your existing mortgage. You must also pay the NJ Realty Transfer fee, your real estate agent’s commission, and attorney’s fees. 

  • What inspections are necessary before I buy real estate?

    Mortgage lenders require termite inspections for all properties. They require well water and radon inspections for some properties. Structural and septic inspections are also recommended.

  • Is the closing date listed on the contract a sure thing?

    No. It is an estimated closing date. The buyer or the seller can move the closing date up to 14 days later without penalty. The only way to get the exact closing date set in stone is to include the words ‘Time of the Essence’ on the contract.

Office Locations

Red Bank Office

Marlton Office

Newark Office

New York Office

Philadelphia Office

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Results may vary depending on your particular facts and legal circumstances.

Disclaimer: This website’s information does not, and is not intended to, constitute legal advice or form an attorney-client relationship. All content is for general information and may not constitute the most up-to-date legal information. You should consult with an attorney for advice on specific legal problems. Read the full Disclaimer here.

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