Real Estate
Commercial and Residential Real Estate
At Pheterson Spatorico LLP, we understand that for most people, there is no transaction more important than the purchase or sale of real estate or a business. As such, we offer legal representation to both individuals and businesses seeking to buy or sell real property or a business. With over 35 years of experience in serving the real estate community throughout New York State, our team has closed a range of transactions including homes, hotels, motels, shopping malls, restaurants, manufacturing facilities, and more. We are conveniently located in downtown Rochester, New York, and also have a satellite office in Canandaguia, New York to cater to clients living in Ontario County.
We are committed to providing high-quality services that ensure a smooth real estate or business purchase and sale transaction. Our experienced and dedicated team members understand that every real estate closing is unique and work hard to protect our clients’ rights and interests while providing the best possible value. We charge a small, one-time fee for the services we provide for a real estate closing.
One of the most critical services we offer to buyers is ensuring they obtain good or marketable title to the real estate they are purchasing. We conduct a review of the abstract of title and a search of the land records to determine ownership, claims, legal documents, and other matters that may affect the property.
We also recommend obtaining an Owner’s Policy, which is a type of Title Insurance that protects the owner’s interest in the property. Mortgage Title Insurance is required by the lender and only insures the lender for the original amount of the loan against any title defects that may arise after the mortgage closing. A mortgage title policy issued to a lender does not provide coverage for or protect the owner. Our team will discuss the benefits of an Owner’s Policy with you before your real estate transaction to ensure you are fully informed
We recover money damages for injuries resulting from
- Negotiation of the contract
- Preparing and reviewing title documents
- Working with the various parties to resolve title issues
- Preparation, coordination and appearance at closing
- Final accounting to client
- Review and approve your Purchase Contract
- Order and review the title search and survey map to clearly define the description, legal ownership and location of the property
- Identify and resolve any title problems and obtain any required title insurance
- Prepare the final financial summary of the transfer of the property and other pertinent documents
- Assist you with your questions and concerns regarding the transfer of the property, closing and posession
- Represent your legal interests at closing and supervise the recording of the deed and mortgage
Over 100 Years of Combined Legal Experience
Pheterson Spatorico LLP has been providing legal services to the citizens of New York State for more than 40 years, covering a wide range of matters including estate planning, business litigation, personal injury, employment law, professional liability defense, real estate law, and business planning. Our office is conveniently situated in Downtown Rochester, New York.