Real Estate Fundamentals:
Basic Commercial Underwriting (Illinois)
(an ATG Legal Ed Connect program)
PROGRAM SUMMARY:
There are scores of underwriting issues unique to commercial transactions including surveys, endorsements, and title clearance of special exceptions. The speaker will focus on the commercial commitment, why we raise certain exceptions and what is needed to waive them, surveys and survey issues, and the most common endorsements requested by both lenders and buyers in commercial transactions. Topics include the following:
- Definitions of what constitutes commercial property;
- Special endorsement issues peculiar to commercial transactions;
- Types of closings to expect in a commercial transaction, such as New York Style or Deed and Money Escrow;
- Common entities in corporate transactions, including corporations, partnerships, and LLCs; and
- Typical exceptions raised on commercial commitment.
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Attend an ATG Legal Ed Connect program from any location!
ATG’s remote-learning system enables you to participate in MCLE via the Internet, no matter where you are. Register via e-mail, download materials the day before. No software downloads or cumbersome add-ons — just a Flash-enabled* web browser, which you probably already have! Click here for more information.
*NOTE: After May 19, 2008, users must update their Flash Player to version 9 or greater. To install Adobe Flash Player version 9, click here.
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CONTINUING LEGAL EDUCATION INFORMATION:
ATG is an Illinois Accredited Continuing Legal Education Provider. This program qualifies for 1.50 hours of MCLE credit in Illinois.
WHO SHOULD ATTEND:
New attorneys, attorneys who need a refresher course or are interested in learning more about commercial real estate transactions.
ATTENDEE RATES:
The following per person rates apply for this program:
- $50 | Active ATG member attorneys (*issued and remitted at least one policy during the current year)
- $25 | Paralegals and staff employed by active ATG member attorneys
- $95 | Inactive ATG member attorneys and their paralegals and staff; non-member attorneys; others
ABOUT THE SPEAKER
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DATE/TIME:
Wednesday,
May 14, 2008
Log On: 11:50 a.m. - 12 noon
Program: 12 noon - 1:30 p.m.
REGISTER:
5/14 On-Line Form
Each person attending must register separately. You will need external speakers or headphones (see requirements).
SESSION HELD. This program also available as an ATG Legal Ed OnDemand program.
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