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Post-closing Liability in Real Estate: Tagging the Seller, Protecting the Buyer (teleseminar)
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This program will provide you with a practical guide to anticipating post-closing adjustments and liability and effective mechanism for their resolution.

10/17/2017
When: 10/17/2017
1:00 PM to 2:00 PM
Where: United States
Contact: (404) 521-0781


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One-hour CLE programs are just a phone call away
 
Convenient, affordable, timely and informative
 
An 800 number connects you to nationally recognized practice leaders who will speak on important issues and emerging trends in the law. You can also pose your own questions to the speakers. Written materials and other details are emailed in advance to pre-registrants.
 
POST-CLOSING LIABILITY IN REAL ESTATE: TAGGING THE SELLER, PROTECTING THE BUYER, 1 CLE hour
 

A real estate transaction – the development and sale of property, a lease, or purchase of property – may close but that does not mean it’s over.  In commercial transactions, there may be issues that are not fully resolved at closing. The parties may agree to certain “holdbacks” to fund post-closing adjustments or liability once those amounts are determined post-closing.  This may be a simple matter of brokerage fees or something more complex like taxes or environmental liability.  Or dispute may arise, with concomitant accusations of misrepresentations, with the threat of litigation.  If these post-closing issue are not carefully considered and planned into the underlying documents of the transaction, the fundamental finality of the tarnation and the certainty clients seek is threatened.  This program will provide you with a practical guide to anticipating post-closing adjustments and liability and effective mechanism for their resolution.  


Post-closing adjustments and liability in real estate transactions
Uses and risks of using post-closing adjustments to allocate risks among the parties
Defining “baskets” of adjustments and “caps” on the amount of adjustments 
Use of escrow arrangements to fund post-closing liability issues
Techniques to resolve post-closing disputes short of litigation – sales transactions, development, leasing
Asserting a claim for post-closing payments and enhancing collectability
Essential nature of survival provisions in post-closing adjustments
Forms of equitable relief 


Speakers:


John S. Hollyfield is of counsel and a former partner in the Houston office Norton Rose Fulbright, LLP.  He has more than 40 years’ experience in real estate law practice.  He formerly served as chair of the ABA Real Property, Probate and Trust Law Section, president of the American College of Real Estate Lawyers, and chair of the Anglo-American Real Property Institute.  He has been named a "Texas Super Lawyer" in Real Estate Law by Texas Monthly magazine and is listed in Who’s Who in American Law.  He is co-editor of Modern Banking and Lending Forms (4th Edition), published by Warren, Gorham & Lamont.  He received his B.B.A. from the University of Texas and his LL.B. from the University of Texas School of Law.
Richard R. Goldberg is a retired partner, resident in the Philadelphia office of Ballard Spahr, LLP, where he established an extensive real estate practice, including development, financing, leasing, and acquisition.  Earlier in his career, he served as vice president and associate general counsel of The Rouse Company for 23 years.  He is past president of the American College of Real Estate Lawyers, past chair of the Anglo-American Real Property Institute, and past chair of the International Council of Shopping Centers Law Conference.  Mr. Goldberg is currently a Fellow of the American College of Mortgage Attorneys and is a member of the American Law Institute.  Mr. Goldberg received his B.A. from Pennsylvania State University and his LL.B. from the University of Maryland School of Law.


 

*(Teleseminar courses qualify for self-study credit only)  

 

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