The Complete Real Estate Closing Checklist

$149.00

SKU: 410063

Description

Dont risk making mistakes learn the ins and outs of the commercial loan real estate closing process.
Many individuals involved in commercial loan transactions never fully understand all the steps and details that go into closing a complex commercial real estate loan transaction. This topic will provide an overview of the entire process required for commercial real estate loan transaction closings. Explanation of the documentation from an attorneys perspective, what the documentation consists of, and why it is necessary will be discussed. Individuals involved in all aspects of commercial real estate will benefit from a better understanding of what is involved in closing a commercial real estate loan transaction and a more thorough understanding of the documents which may be necessary in connection therewith.

Date: 2022-11-16 Start Time: 1:00 PM ET End Time: 2:05 PM ET

Learning Objectives

* You will be able to identify the different guaranty recourse vs. nonrecourse.

* You will be able to review how to read a title commitment.

* You will be able to discuss authority documentation.

* You will be able to define legal opinions.

Loan Documentation:
• Loan Agreements
• Notes
• Mortgages, Assignments of Rents, Security Agreements
• Guaranties – Recourse vs. Nonrecourse
• Miscellaneous Loan Documents

Title and Survey Matters:
• Title Insurance – How to Read a Title Commitment, Loan Policies and Endorsements
• Surveys – ALTA Standards, Certifications, Encroachments and Survey Review

Miscellaneous Loan Closing Matters:
• Authority Documentation
• Insurance
• Searches
• Environmental Reports
• Appraisals
• Legal Opinions

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Jodi L. Henninger-Clingen Callow & McLean, LLC