Detecting Legal Issues in Appraisal Reports, Commercial Leases, Environmental Assessments
Analyzing Due Diligence in Commercial Property Sales
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE webinar will provide real estate counsel with guidance on analyzing due diligence documentation and best practices for spotting the issues that may delay a closing. The panel will discuss appraisal reports, addressing property condition and capital needs assessments, environmental site assessments, and commercial leases.
Outline
- Pre-closing commercial real estate due diligence
- Appraisal reports
- Common issues
- Best means to cure
- Property inspection
- Common issues
- Best means to cure
- Capital needs assessments
- Common issues
- Best means to cure
- Environmental site assessments
- Common issues
- Best means to cure
- Commercial leases
- Common issues
- Best means to cure
- Appraisal reports
Benefits
The panel will address these and other relevant issues:
- What are common problems that delay closings in appraisal reports? In capital needs assessments? How best can counsel cure these issues?
- What issues in environmental reports, such as a Phase I, will trigger the need to include an environmental attorney?
- When reviewing commercial leases before a sale, what provisions create the most issues that delay closing?
Faculty
Gretta C. Spendlove
Shareholder, Board of Directors
Dentons Durham Jones Pinegar
Ms. Spendlove is on the Board of Directors of Dentons Durham Jones Pinegar and practices in the Real Estate Section,... | Read More
Ms. Spendlove is on the Board of Directors of Dentons Durham Jones Pinegar and practices in the Real Estate Section, the Business & Finance Section, and the Intellectual Property Section. She represents buyers and sellers in purchasing, selling, leasing, and developing commercial real estate; advises startups and established entities in creating, buying, selling, merging, and maintaining partnerships, limited liability companies, and corporations, as well as entering into a wide range of business contracts. She also handles intellectual property issues such as trademarks and copyrights.
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Larry Welch
Partner; Chair of Real Estate Group
Frankfurt Kurnit Klein & Selz
Mr. Welch handles real estate transactions for high-profile individuals and businesses in the entertainment,... | Read More
Mr. Welch handles real estate transactions for high-profile individuals and businesses in the entertainment, advertising, restaurant, personal care, and professional services industries. He regularly advises on purchases, sales, leases and financings of a wide range of commercial properties -- including retail stores, restaurants, music studios, art galleries, advertising agencies, gyms, professional offices, schools and other public spaces across the country. He guides clients at every stage of their real estate journey – from opening their places of business, to buying and selling land and buildings, to purchasing investment properties and personal residences. In addition to his real estate transactions practice, Mr. Welch works with the the firm’s Litigation Group to resolve real estate-related disputes, and with the Restaurants Group to provide legal advice to restaurateurs and their business partners. Mr. Welch serves as Chair of the New York City Bar Association’s Hospitality Law Committee. He has presented on real estate issues for the New York City Bar Association and other organizations.
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