This class is designed to teach students about the transaction process for three common real estate transaction types: (1) purchase and sale, (2) lease, and (3) loan. The class begins by identifying the typical stages of a real estate transaction and explaining how those stages vary depending on the type of transaction. The course then describes the transaction process and the specific stages of purchase and sale, loan, and lease transactions. Next, the class defines what closing entails in each type of real estate transaction and identifies the specific types of documents that should be listed in the respective closing checklists. The course then reviews the role of a junior attorney in each of the various transaction processes, including the closing stage, and closes with a discussion of the items that may need to be completed or monitored after the transaction has closed.
Real Estate Transaction Process
Real practice. Real feedback. Real growth.
Upon completion of this course, participants will be able to:
- Identify the typical stages of a real estate transaction and how those stages vary depending upon the type of transaction
- Describe the different ways a real estate transaction can be financed
- Understand the junior attorney’s role in the transaction process and, specifically, the closing process
- Articulate the typical closing obligations and responsibilities of the various parties and recognize the types of ancillary documents typically required in a purchase and sale, loan, and lease transaction, and the potential post-closing obligations relevant to each
- Prepare a closing checklist
The AltaClaro Difference
Effective Learning with ROI--Backed by Education Science
Step 1: Learn
Learn at your own pace, absorbing lessons in short, easily digested segments led by experienced practitioners.
Step 2: Do
Apply what you've learned to solve real-world client scenarios, using transaction documents derived from actual deals.
Step 3: Review
Deepen your learning in virtual review sessions with an experienced practitioner. Review model answers and ask questions.
Step 4: Build
Leverage performance insights from Benchmark360 to deliver partner-led, in-person internal workshops tailored to your firm's preferred way of practicing.
Class Content Overview
Level: Basic/Foundational
Course Details
Instructors Who Practice What They Teach
Our vetted instructors are global practitioners with outstanding professional and educational qualifications and demonstrated achievement in their fields. All have 10+ years Big Law experience.
In addition to their accomplishments as practitioners, our instructors are also passionate about teaching. We carefully interview instructor candidates to assess personality, domain expertise and effectiveness in the classroom. Our instructors must maintain a 4.5 out of 5 rating from students.
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Frequently Asked Questions:
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