Course description
Employee Discipline for Conduct Outside of Work
Don’t risk making mistakes - learn the ins and outs of the commercial real estate closing process. Prepare yourself for the return of commercial real estate lending, learn to make the transactions you are involved in run more smoothly, and set yourself apart from your peers, by learning the ins and outs of drafting a complete and thorough closing checklist for commercial real estate loans. Learn about all the documentation which can be necessary from various perspectives (lender, attorney, borrower, title company, etc.) to close a commercial real estate loan transaction. Plus learn added tricks of the trade as to timing and details which will help your transaction run more smoothly. Many individuals involved in commercial loan transactions never fully understand all the steps and details that go into closing a complex commercial real estate loan transaction. This topic will provide an overview to understand the entire process required for closing a commercial real estate loan transaction. Explanation of the documentation necessary from an attorney’s perspective to close a commercial loan transaction, as well as what the documentation consists of and why it is necessary will be discussed. Individuals involved in all aspects of commercial real estate will benefit from a better understanding of what is involved in closing a commercial real estate loan transaction and a more thorough understanding of the documents which may be necessary in connection therewith.
Learning Objectives
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Who should attend?
Training content
- Loan Documentation
- Loan Agreement
- Notes
- Mortgage, Assignment of Rents, Security Agreement
- Guaranty - Recourse vs. Nonrecourse
- Miscellaneous Loan DocumentsTitle and Survey Matters
- Title Insurance - How to Read a Title Commitment, Loan Policies and Endorsements
- Surveys - ALTA Standards, Certifications, Encroachments and Survey ReviewMiscellaneous Matters
- Authority Documentation
- Insurance
- Searches
- Environmental Reports
- Appraisals
- Legal Opinions
Costs
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Lorman Education Services - Live and On-Demand Courses
Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...