The Role Of The Real Estate Attorney

There is no shortage of people or agencies who are involved in the mortgage process. From lenders to brokers to appraisers and underwriters, it may seem like an ever-changing pipeline of people needed to buy or refinance a house. Real estate attorneys may seem like just more people who have to get involved, but in some states, the law requires an attorney to close on a loan.

Since real estate attorneys are not optional in some cases, it is essential to know what they do and how they are beneficial. Here are some tips on real estate attorneys and the law.

Real Estate Lawyers for Buyers
Real estate attorneys do more than advise prospective buyers on the law. They can help potential homeowners lower risk by helping to negotiate purchase contracts, contracts of sale, and deed transfers. Attorneys can review property titles for any possible liens or anything that could arise in the future and affect the property’s title.

Although many states do not require attorneys for simple purchase transactions, it does not mean prospective homeowners should not hire one. For example, an attorney can help buyers if they decide to back out of a contract. Attorneys can help if the subject property is owned by the bank. Additionally, if there is even the slightest risk of illegal activity with the property, an attorney can identify the activity and help prospective buyers mitigate any risk.

Real Estate Lawyers for Sellers
Sellers can benefit from the services of a real estate attorney in several situations. Sellers may need an attorney when trying to sell the property of a deceased loved one. If a property has any structural issues, an attorney can help with any contingencies. If the subject property being sold has any outstanding liens, an attorney can help resolve those liens. If a seller is going through a foreclosure or short sale, a real estate lawyer can help the seller navigate the laws of each state (laws behind foreclosures and short sales vary widely by state).

Every state in the U.S. has different requirements for home closings. Some states require an attorney be present at closing, and some have no requirement. The power attorneys have also varied by state. It is always smart to consult with an attorney who has handled many real estate transactions.

About The Author
Janine Getler is a real estate attorney and the Principal of Getler, Gomes & Sutton PC, a real estate and construction law firm in New York. She brings over 25 years of professional experience working in law, and is known as a leader in the industry. Follow Janine Getler on Crunchbase to learn more!

Four Traits of Transformational Leadership

Transformational leadership drives production and efficiency. When employees feel included and encouraged, they work harder and stay with a company longer. This style of leadership can help employees get the most out of their job and increase profits for companies. These four traits of transformational leadership define this leadership style.

Motivation
Transformational leaders motivate their followers in positive ways. In their role as a leader, they define the mission and goals of the team. They then align duties and responsibilities to achieving those goals. Instead of scolding employees and using fear as a motivator, transformational leaders engage employees in the process, encourage employee efforts, celebrate successes, and provide rewards for achievement. This creates a positive association with their work and makes followers feel confident enough to achieve their goals.

Macro-management
Another trait inherent in transformational leadership is macro-management. These leaders trust their employees to work independently without constant check-ins or supervision. They delegate tasks and give their followers a chance to improve their skills through their work. Part of allowing employees to work independently involves listening and being open to new ideas from employees. Inclusion in the decision-making process challenges and galvanizes employees, which can make them more productive.

Mentorship
Transformational leaders take an interest in the individual team members to prevent challenges from occurring. Strong transformational leaders mentor employees individually. This individualistic attention makes people like they bring value to the team, and mentoring is an investment in their future. It also provides a way for transformational leaders to learn how employees work best and gain the trust of their employees.

Ethical Promotion
For a company that embeds its values into its culture, transformation leadership is complimentary. These leaders get people to follow them by acting as an example. Upholding the values and ethics of the company and industry plays a key role in this. Making choices that uplift employees, maintaining honesty, and creating an inclusive and principled workforce can help leaders show their commitment to their ethics and values. Employees can internalize and display the same traits in their work.

Transformational leadership can help companies produce employees who enjoy their job, which creates loyalty and strive to meet goals. When leaders show these traits, they can productively engage their followers.

How To Help Your Community This Holiday Season

The holiday season is just around the corner. It is normally a season quite packed with leisure activities organized both at the individual and corporate level. It is also a great time to remember those in need by contributing and volunteering to charity. This holiday season, you may choose to take the opportunity to help your community in various ways.

Donate material items
Many people rarely think of giving material substances, such as clothes and food, to the needy. You may take this opportunity to make a difference within the community by giving some clothes, shoes, utensils, and other material substances to needy households. In case you have a local charity foundation, it would be greatly appreciated to donate those substances for fair distribution.

Clean The Environment
You may also take the opportunity to volunteer your time and skills in various environmental projects, especially those targeting cleaning up the surrounding. In this regard, you can target various areas that are often neglected within your neighborhoods, such as drainage ways, roadsides, and even community grounds. Slashing tall grass, collecting, and disposing of waste from public places may help make a huge difference for a healthy environment.

Organize A Charity Get-Together
Many communities rarely get an opportunity to organize charity events. You may use this holiday season as a chance to organize one such an event where the community members meet for a charity or social event in a public hall or field. The event may be utilized for additional purposes, such as community games or even community planning. The funds raised during the event may be channeled to an existing community charity project.

Volunteer Your Skills
Perhaps you have some professional skills that you could donate to your community. Some of the skills that are in high demand include healthcare skills, mentorship skills, firefighting, disaster preparation, and management, or even construction skills. In this regard, you may choose to organize for a one-day event in your community social hall where you get a chance to provide free services to the interested locals.

Serve At Homes For The Needy
This holiday season, you may also choose to do something different by visiting children’s homes or even homes for the elderly and physically disabled. Most of these homes are run out of charity donations. They would thus greatly appreciate your effort. Visiting the homes and doing some physical jobs, such as cleaning and washing, is a greatly welcome idea.

How To Help New Leaders As A CEO

Transition at the top of the organizational level is one of the most crucial and risky steps in an organization’s lifetime. Whereas such changes are highly necessary, it is the responsibility of every outgoing chief executive officer to offer the best possible support to the incoming leadership. At the CEO, helping the new leaders ensures the overall success of the transitioning process. Success during such a process can add to the reputation of the outgoing CEO while providing a suitable platform for continued performance of the incoming team. What should the outgoing CEO do in support of the incoming leadership?

Setting objectives
The first important step to take is for the outgoing CEO to set specific objectives that should be accomplished at the end of the transition process. The clear objectives serve as the guidelines that will help ensure a smooth succession process while ensuring that the change does not necessarily affect organizational performance.

Nurturing the new leaders
Even after the transitioning process is complete, it is important for the CEO to provide the necessary level of leadership and guidance. The idea here is to have the outgoing leader support the incoming leader with the best knowledge and tips on how to maintain focus. It has been established that nearly half of the leadership transitions often fail as a result of lack of proper transition guidance and follow-up. It is important to work together and nurture the incoming leadership.

Involving stakeholders
All key stakeholders involved in the organizational management and performance should be consulted and involved during the actual transitioning process. The idea behind involving different stakeholders is to ensure that the incoming chief executive officer or leader will get a chance to be accorded the right level of support. Among the key stakeholders that should be consulted and involved in the transitioning process include employees and even shareholders.

Creating an accountability plan
Accountability during the organizational transitioning process is crucial in ensuring that any shared expectations are sufficiently met. When creating an accountability plan, one should focus on what needs to be accomplished and how it should be accomplished in the smoothest possible way. It is the responsibility of all members involved in the transition to fulfill their obligations in order to win the trust of all stakeholders involved.

About The Author
Janine Getler is a real estate attorney and the Principal of Getler, Gomes & Sutton PC, a real estate and construction law firm in New York. She brings over 25 years of professional experience working in law, and is known as a leader in the industry. Follow Janine Getler on Crunchbase to learn more!

Real Estate Law 101: What Is Real Estate Law?

As most Americans know, owning real estate can be both very exciting and stressful, both in residential and commercial real estate. The real estate market has a significant influence not only on the status of one’s financial stability but with our nation’s economy as well. When deciding on purchasing a property or piece of land, it can be intimidating trying to figure out the different laws and regulations that come with real estate, making it important to build a basic understanding of real estate and construction law.

What Is Real Estate Law?
In its simplest terms, real estate law, which is also known as real property law, refers to the laws and regulations that come with land and properties, if any, that are on it. To be more specific, it refers to the legal rights and obligations that an individual or company has following a purchase of either a residential or commercial property or piece of land. While this may not seem necessary when closing on a home that you recently purchased, it is an incredibly important area of law to understand for both company and property owners.

Commercial Real Estate
To give an example, if a company were to decide that they want to relocate to a new office in a new location, one of the first responsibilities will be to find a property that can accommodate their requirements. In big cities around the country, purchasing or leasing a commercial property is a long, detailed process, given that commercial buildings are more expensive to build and manage than residential real estate. To help them navigate the entire process, from searching to closing the deal, many companies will consult with a commercial real estate lawyer to get through the numerous requirements.

What Are The Benefits Of Real Estate Attorneys?
With specialized training in real estate and construction, real estate lawyers can help you find a property that fits your company’s budget and logistics. They will also be available to walk through the paperwork that comes with the process, taking the stress off of you as company owners. Real estate lawyers can help streamline the process, giving you the flexibility to dedicate your time and energy elsewhere.

Janine Getler is a Principal at Gelter, Gomes & Sutton PC, a real estate and construction law firm in New York City that provides specialized attention towards business owners and New York City high-rises.

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