Title and Survey: Explanation of basic title documents, what title insurance is and what it covers, how to decipher key sections of a title insurance policy, and what to expect when negotiating the policy; Essential survey elements and how to locate them
Overview, Offers/Letters of Intent, Acquisition Documents: What should and should not be in a letter of intent or offer to purchase, and why; How to progress from offer or LOI to purchase and sale agreement, including an examination of key purchase and sale agreement issues such as representations and warranties, pre-closing rights and obligations, closing conditions, and remedies for default; Considerations concerning choice of buyer entity
Zoning, Subdivision, Environmental Site Assessments: Overview of zoning law, including forms of zoning relief, and how to perform a zoning analysis on proposed and completed projects; How the Subdivision Control Law and local practices can help or hinder development; What to look for in an environmental site assessment report, and what to do when you find it
Permanent Financing: The loan application and commitment process; Important document provisions, including nonrecourse clauses, subordinate financing, due on sale, prepayment penalties, and financial covenants; How permanent financing documents affect every aspect of your client's project, from the ability to restore the building following a casualty to the ability to find and retain quality tenants
Leasing: Discussion of office and retail lease issues from the perspectives of landlord and tenant, from term sheet to final lease; Key concepts applicable to any lease, including operating and common area maintenance expense and tax provisions and construction of leasehold improvements; How to digest and abstract a lease
Overview, Offers/Letters of Intent, Acquisition Documents: What should and should not be in a letter of intent or offer to purchase, and why; How to progress from offer or LOI to purchase and sale agreement, including an examination of key purchase and sale agreement issues such as representations and warranties, pre-closing rights and obligations, closing conditions, and remedies for default; Considerations concerning choice of buyer entity
Zoning, Subdivision, Environmental Site Assessments: Overview of zoning law, including forms of zoning relief, and how to perform a zoning analysis on proposed and completed projects; How the Subdivision Control Law and local practices can help or hinder development; What to look for in an environmental site assessment report, and what to do when you find it
Permanent Financing: The loan application and commitment process; Important document provisions, including nonrecourse clauses, subordinate financing, due on sale, prepayment penalties, and financial covenants; How permanent financing documents affect every aspect of your client's project, from the ability to restore the building following a casualty to the ability to find and retain quality tenants
Leasing: Discussion of office and retail lease issues from the perspectives of landlord and tenant, from term sheet to final lease; Key concepts applicable to any lease, including operating and common area maintenance expense and tax provisions and construction of leasehold improvements; How to digest and abstract a lease
Course Content
Day 1 - Thursday, October 27, 202212:45 pm - 1:25 pm: Lunch (on your own)2:25 pm - 2:30 pm: Break11:45 am - 12:00 pm: Break1:00 pm - 2:00 pm: Lunch (on your own)
9:30 am - 11:30 am
11:30 am - 11:45 am
11:45 am - 12:45 pm: Overview, Offers/Letters of Intent, Acquisition Documents
2:30 pm - 4:30 pm: Zoning, Subdivision, Environmental Site Assessments
9:30 am - 11:45 am
12:00 pm - 1:00 pm: Leasing
4:00 pm - 4:30 pm: Ethical Issues in Commercial Real Estate Practice
Please Note