Live Seminar

Real Estate Contracts From Start to Finish

Seminar

Date:

Monday, April 09, 2018

Time:

9:00 AM - 4:30 PM

Product ID#:

78816ER

Location:

Indiana Wesleyan University - Merrillville Education & Conference Center

8415 Georgia Street

Merrillville, IN 46410

$359.00

$349 / Each Additional

Registration Includes Course Book

Credit Information

Continuing Legal Education

  • IN CLE - 6.00

Other

  • IACET - 0.60

Program Description

Ensure an Enforceable Contract!

Do you have the knowledge you need to draft, negotiate, review and/or enforce a well-constructed real estate contract? Knowing the basics of real estate contract law and drafting an enforceable contract can be two completely different issues. Savvy real estate professionals have learned how they can best use the language and structure of real estate contracts to create a positive outcome for all parties involved. Let us give you practical tools to start and keep you on the road to success. Don't miss out on this full-day, "how-to" course that is jam packed with essential tools to help you tackle leases, purchase and sale agreements, option agreements, mortgages and so much more - register today!

  • Effectively draft letters of intent to ensure your party's best interest.
  • Assertively negotiate, draft and enforce leases, including joint and several liability, subleasing, severability and indemnification clauses.
  • Learn how you can enhance your practice by improving your option agreement drafting skills and knowledge.
  • Discover how to effectively evaluate different types of loan documents, including mortgages.
  • Take a look at the key terms and clauses that need to be included in an easement agreement.
  • Uncover potential problems before an acquisition using proven contract review techniques.
  • Find out about common buyer's and seller's concerns, key clauses and duties with purchase and sale agreements.

Who Should Attend

This basic-to-intermediate level program is designed for attorneys. It may also be of value to lenders, real estate agents, real estate brokers and paralegals.

Course Content

  1. Drafting the Letter of Intent and Purchase and Sale Agreement (w/Real-World Examples)
  2. Leases: Negotiating, Drafting, Amending, Enforcing and Reviewing (w/Real-World Examples)
  3. Drafting Option Agreements (w/Real-World Examples)
  4. Drafting Easement Agreements (w/Real-World Examples)
  5. Reviewing Mortgage Documents and Escrow/Earnest Agreements (w/Real-World Examples)
  6. Legal Ethics for Lawyers Engaged in Real Estate Transactions

Continuing Education Credit

Continuing Legal Education – CLE: 6.00 *

International Association for Continuing Education Training – IACET: 0.60


* denotes specialty credits

Agenda / Content Covered

  1. Drafting the Letter of Intent and Purchase and Sale Agreement (w/Real-World Examples)
    9:00 - 10:00, Written and presented by Jeffrey A. Abrams in Merrillville and Indianapolis.
    1. Drafting the Letter of Intent
    2. Reviewing Residential Purchase and Sale Agreements
    3. Drafting and Negotiating Commercial Purchase and Sale Agreements
    4. Drafting Vacant Land Purchase and Sale Agreements
  2. Leases: Negotiating, Drafting, Amending, Enforcing and Reviewing (w/Real-World Examples)
    10:15 - 11:15, Written and presented by Jeffrey A. Abrams in Merrillville and Indianapolis.
    1. Reviewing Names of Tenants and Limits on Occupancy
    2. Enforcing Joint and Several Liability
    3. Negotiating the Term of the Tenancy
    4. Determining Rent, Deposits, Allocations and Late Fees
    5. Drafting the Repairs and Maintenance Clause
    6. Amending the Severability Clause
    7. Drafting the Subleasing Clause
    8. Examining Entry to Property, Use of Premises and Restrictions
    9. Reexamining the Breach of Lease and Default
    10. Reviewing the Renewal Clause in the Lease
  3. Drafting Option Agreements (w/Real-World Examples)
    11:15 - 12:15, Written by Norman R. Newman. Presented by Daniel W. Granquist in Merrillville and Norman R. Newman in Indianapolis.
    1. State/Local Laws You Need to Know
    2. Assessing the Option Fee
    3. Duration of the Option Period
    4. Negotiating the Purchase Price
    5. Reviewing Property Disclosures
    6. Breach of Option Contract
  4. Drafting Easement Agreements (w/Real-World Examples)
    1:15 - 2:15, Written by Norman R. Newman. Presented by Daniel W. Granquist in Merrillville and Norman R. Newman in Indianapolis.
    1. Legal Description of Properties, Including Width and Location
    2. Parties and Purpose
    3. Depiction of the Easement Area
    4. Reserved Rights
    5. Covenant Not to Disturb the Use of the Easement
    6. Determination of Maintenance Obligations
    7. Payment of Property Taxes
    8. Liability, Assignability and Insurance
    9. Default Provisions and Termination, as Well as Notices
    10. Burdens and Benefits
  5. Reviewing Mortgage Documents and Escrow/Earnest Agreements (w/Real-World Examples)
    2:15 - 3:15, Written by Kassandra Green. Presented by Mary A. Slade in Merrillville and Kassandra Green in Indianapolis.
    1. Reviewing Mortgages
    2. Evaluating Seller Financed Loan Documents
    3. Drafting the Bank Financing Letter of Intent
    4. Assessing the Loan Commitment
    5. Preparing the Mortgage Deed
    6. Reviewing the Promissory Note
    7. Drafting Escrow/Earnest Money Agreements
  6. Legal Ethics for Lawyers Engaged in Real Estate Transactions
    3:30 - 4:30, Written and presented by Mary A. Slade in Merrillville and Indianapolis.
    1. Conflict of Interest Landmines
    2. Disclosure Requirements in Real Estate Transactions
    3. Ethical Issues in Negotiations and Contract Drafting
    4. Ethical Considerations During Closing

JEFFREY A. ABRAMS is a partner in the law firm of Benesch, Friedlander, Coplan & Aronoff LLP, in the firm's real estate and environmental practice group. He represents banks and lending institutions, developers, landlords, tenants, builders, contractors and all types of business owners. Mr. Abrams has represented companies and lenders in documenting different types of transactions, including acquisition and development of land, shopping centers, office and industrial buildings, acquisition of businesses, development loans, construction loans and leases for various property types. He is the author of several articles that have appeared in the Indianapolis Business Journal and has frequently spoken for the International Conference of Shopping Center Law, ICLEF, and National Business Institute. Mr. Abrams is listed in Indiana Super Lawyers, Best Lawyers in America, and Chambers USA Leading Lawyers for Business. He is a member of the Indianapolis, Indiana State, and American bar associations; and the American College of Real Estate Attorneys (ACREL). Mr. Abrams earned his B.S. degree from Miami University and his J.D. degree, cum laude, from Indiana University Robert H. McKinney School of Law. (Merrillville and Indianapolis locations)

DANIEL W. GRANQUIST is a sole practitioner, practicing in the areas of real estate, business, and estate planning. He is a member of the Porter County American Inn of Court where he has spoken to attorneys and other professionals in various CLE programs. Mr. Granquist also is a member of the Northwest Indiana Creative Investors Association, a real estate investment group. He earned his B.S. degree from Wheaton College, his J.D. degree from Valparaiso University School of Law, and his LL.M. degree from DePaul University School of Law. He continued his education in the LL.M. real estate program at John Marshall Law School. Mr. Granquist is licensed to practice law in Indiana and Illinois. (Merrillville location)

KASSANDRA GREEN is an attorney with Hocker & Associates LLC. She is experienced in all aspects of residential and commercial real estate, including investing, selling, purchasing, leasing and clearing title. Ms. Green also regularly drafts mortgages, promissory notes, deeds, for sale by owner contacts, releases, easements and leases. She routinely represents new and experienced real estate investors and small business owners. She earned her undergraduate degree from Ball State University and her J.D. degree from New England Law in Boston. Ms. Green is admitted to practice in Indiana. (Indianapolis location)

NORMAN R. NEWMAN is the senior partner with Benesch, Friedlander, Coplan & Aronoff LLP. He practices in the areas of real estate law, environmental law, and construction law; and is the author of numerous articles on these subjects. Mr. Newman has lectured on these topics for the Indiana Continuing Legal Education Forum (ICLEF), the International Council of Shopping Centers, and other organizations. He is a member of the American College of Real Estate Lawyers. Mr. Newman is listed in Who's Who in American Law and The Best Lawyers in America. He earned his J.D. degree, with distinction, from Indiana University School of Law and is now an adjunct professor there. (Indianapolis location)

MARY A. SLADE is the Indiana state counsel for First American Title Insurance Company, providing underwriting analysis and support for commercial and residential transactions. She has seven years of experience in private practice in creditor’s rights, bankruptcy, and real estate litigation and transactions. Ms. Slade has also served as a regional counsel in claims and underwriting for three national title insurance carriers in 16 states and the District of Columbia; as well as a deputy prosecuting attorney for Marion County, Indiana. She was a co-founder and the executive production editor for the Indiana International & Comparative Law Review. Ms. Slade has served three years as the education chair for the Indiana Land Title Association. Her programs on title insurance and real estate have been accredited for title insurance license or attorney license credit in Indiana, Pennsylvania, Ohio, Maryland, Virginia, and West Virginia. She is the co-editor of the Indiana State Bar Association Probate, Property and Real Estate newsletter. Ms. Slade is a member of the Indiana State Bar Association and currently serves as the 2017 chair-elect for the Probate Property and Real Estate Section. She earned her undergraduate degree from Butler University and her J.D. degree from Indiana University School of Law. (Merrillville and Indianapolis locations)

Please refer to Continuing Education Credit FAQ for general information about seeking credit for your participation in one of our continuing education programs.

Additionally, our team of credit specialists are here to answer your specific credit-related questions weekdays 7am - 5pm Central:

Phone: 866-240-1890

Email: credit@nbi-sems.com

Accreditation Details:

Continuing Legal Education

IN CLE: 6.00 Includes - Ethics: 1.00
This course has been approved by the Indiana Supreme Court Office of Admissions & Continuing Education. Participating attorneys are eligible to receive up to 6.0 hours of CLE credit, which includes 1.0 hour of ethics. Newly admitted attorneys may receive 6.0 hours of new attorney CLE.


International Association for Continuing Education Training

N IACET: 0.60
NBI, Inc. is accredited by the International Association for Continuing Education and Training (IACET) and is authorized to issue the IACET CEU. NBI, Inc. is authorized by IACET to offer 0.6 CEUs for this program. At the end of the program, participants must complete a self-assessment in order to receive credit. 100% attendance is required. (Provider #1004558)

Upon completion of this course, attendee will be able to: 1. State two tips for drafting letters of intent. 2. State two tips for negotiating leases. 3. State two terms in an option agreement. 4. State what not to include in easement agreements. 5. State the different types of loan documents. 6. State two ethical issues in real estate transactions.

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Questions


How To Order

Web: Order Now
Call: 800.930.6182
Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
Eau Claire, WI 54702