PROGRAM SUMMARY:

This program covers underwriting issues unique to commercial transactions, including surveys, endorsements, and title clearance of special exceptions. The speaker will focus on the commercial commitment, what and why we raise 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:

• Special endorsement issues peculiar to commercial transactions;
• Definitions of what consitutes commercial property;
• 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 commitments.

ATG’s remote-learning system enables you to participate in MCLE without leaving your office. Register via e-mail. 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.

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 and 1.50 hours of CLE credit in Wisconsin and Indiana.

WHO SHOULD ATTEND:

We recommend this program for ATG members, new ATG members, attorneys, and their support staff who represent consumers of commercial real estate services and those 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:

• Lowell B. Krahn, Commercial Underwriting Attorney, Chicago, Illinois

REGISTER:

On-Line Form

Each person attending must register separately. You will need external speakers or headphones (see requirements).