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Buying/Selling Commercial Real Estate, Part 1 & 2 (teleseminar)
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This program will provide you with a practical guide to significant issues when lawyers and law firms establish “virtual” law practices.

12/6/2016 to 12/7/2016
When: 12/06/2016 - 12/07/2016
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.

 
1 CLE hour each day (2 CLE hours)
 

1:00 p.m. E.T. (60 minutes)

 

The process of putting together a commercial real estate buy/sell agreement continues to become more difficult.  Reps and warranties have become more extensive, laborious in detail, and difficult to negotiate. Financing contingencies have become lengthy and surpassingly complex in reflection of tight underwriting standards.  Due diligence has become lengthier, more invasive and costlier.  At every stage of the process, buyers want additional information, protection and concessions, and sellers want closing certainty.  This program, led by attorneys with several decades experience in commercial real estate, will discuss the major components of commercial real estate buy/sell agreements, negotiating the operative documents and ensuring a successful closing in a difficult market.  

Day 1 – December 6, 2016:

Planning the process – letters of intent, negotiations, closing process
Due diligence depending on the type of deal – title, environmental, entitlement work, tax and finance issues
Understanding the minefield of seller’s reps and warranties 
Buyer and seller’s covenants in a volatile market
Deposits of money

Day 2 – December 7, 2016:

Issues for income producing properties, multiple family properties, and distressed properties
Finance issues in operative agreements, including finance contingencies, and working with commercial lenders
Conditions to closing and reducing the risk of not closing
Post-closing issues, baskets, escrow and contingencies
Bankruptcy issues in operative agreements

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.


 

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