Miami Attorney for the Purchase or Sale of Condominiums
Many people dream of landing a luxury condo in a prime South Florida location. Whether it is intended as a vacation haven, investment property or retirement destination, you want to be assured that the terms are favorable and your interests are protected. Real estate attorney Norma Echarte has handled hundreds of condominium transactions in 20-plus years of practice. She can knowledgeably address the special considerations the purchase or sale of condominiums and townhouses. Norma Echarte & Associates provides full-service representation to buyers and sellers of condos in Miami, Fort Lauderdale, Boca Raton and the surrounding areas. Our boutique firm is also known for multi-unit condominium closings on behalf of developers and lenders.
Protecting Your Interests in a Condo Transaction
Purchasing a condominium is different from buying a house. Rather than owning the property outright, you are buying a piece of something larger. There are limits to your ownership stake and specific rules regarding use of the property. Our attorneys and staff educate you about the terms of the transaction and their rights and obligations under the condominium association documents. We provide comprehensive services to condo buyers and owners:
- Negotiation and drafting of purchase agreements
- Condo lease agreements and lease renewals
- Review of condominium declarations
- Review of association permissions, restrictions and bylaws
- Title review and title insurance
- Financing arrangements
- Due diligence on the other party
- Drafting and review of closing documents
- Onsite closing services
- Translation in Spanish or Portuguese
While the terms are dictated somewhat by the condo association’s conditions, covenants and restrictions (CC&Rs), there are many negotiables and gray areas in the transaction. Our intimate knowledge of the South Florida real estate market — current inventory, new developments coming online and the going rates for similar condo properties — enables us to finesse the best possible terms for clients. Our legal team does the homework to make sure you are fully informed about common areas, parking, guests and other details of purchasing or leasing a condominium. It is also important to understand what transfers with the unit or what caveats may apply if you later decide to sell. Norma Echarte also represents buyers, sellers, brokers, lenders and developers in condominium disputes, from breakdowns in transactions to legal conflicts between unit owners and associations.
South Florida Attorney Representing Condo Buyers and Sellers
Arrange a consultation with an experienced Miami attorney for the purchase or sale of condominiums. Ms. Echarte and several members of her staff are bilingual in Spanish or Portuguese.
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