This program will provide you with a real world guide to due diligence in real estate transactions – what information you need, where to get it, and the timeframes involved – depending on the type of transaction involved. The relationship between the duration and depth of due diligence and the state of the market – how “hot” markets involve more risk because sellers or others are reluctant to give lengthy diligence periods – will be discussed. The program will also discuss using information obtained in diligence to draft specific reps and warranties. This program will provide you with a real-world guide to planning due diligence in real estate transaction – essential information to obtain depending on the transaction involved and how to tie that information the transaction’s reps and warranties.
Handout Materials will be emailed to you prior to the seminar
Starts 12:00 p.m.
1.0 MCLE Credit Hours
· Relationship between diligence and market conditions – willingness of sellers to cooperate or not
· Using diligence to draft specific reps and warranties
· Service contracts, condominium HOAs, and other contracts
· Review of leases, rent rolls, and financial statements
· Title work – liens and other encumbrances
· Zoning, regulatory and tax issues
· Notices of new or special tax assessments
John S. Hollyfield – Norton Rose Fulbright, LLP, Houston
Richard R. Goldberg, Ballard Spahr, LLP – Philadelphia