Preparing for and completing the due diligence requirements for commercial real estate is often the most daunting and time consuming portion of the transaction. This seminar is designed to assist practitioners with organizing the various due diligence duties associated with closing a commercial transaction, including the requirements imposed by the title insurance underwriter, lender, and client. A discussion of advanced title insurance and survey topics will feature prominently, in addition to casualty insurance requirements, environmental review, and zoning and land use topics. The seminar will also provide guidance on negotiating due diligence terms in the contract, including what items to specifically request, determining time periods for due diligence, and providing for remedies when needed items are not timely produced. Finally, the course will discuss engagement letters in the commercial transaction – answering the most important questions facing the transactional attorney – what is the scope of work to be performed and how to get paid for it. This seminar is approved for continuing education with The Florida Bar, NALA, and DFS.
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