Understanding Property Deeds in Real Estate Sales: Common Deed Types, Uses, Protections Granted
Selecting the Right Deed for the Transaction to Mitigate Client Risk
Recording of a 60-minute premium CLE video webinar
This CLE webinar will provide new real estate attorneys with an overview of property deeds used in real estate sales transactions. The panel will discuss the role of the deed in the transaction. The panel will examine common deed types, under what circumstances they should be used, and the protections granted. The panel will also offer best practices for reviewing and/or drafting deed language to mitigate client risk.
Outline
- Introduction
- Title vs. deed: where deeds fit into the real estate sales transaction
- Essential deed elements
- Long and short form deeds
- Common types of deeds, uses, protections granted
- General warranty
- Special or limited warranty
- Quitclaim
- Others
- The language of the deed: reviewing and drafting considerations
- Recording the deed
- Practitioner takeaways
Benefits
The panel will review these and other key considerations:
- What are the most common types of deeds used in real estate sales transactions? Under what circumstances should they be used?
- What types of warranties/protections are offered by each?
- How should counsel determine when to use a certain type of deed for a particular transaction?
- What are best practices for reviewing and/or drafting deed language to best protect clients' interests?
Faculty
Lawrence S. (Larry) Glosser
Partner
Ahlers Cressman & Sleight
Mr. Glosser’s primary focus is real estate, business, and corporate law. His practice combines transaction... | Read More
Mr. Glosser’s primary focus is real estate, business, and corporate law. His practice combines transaction and litigation. He has been actively involved in the real estate industry as a broker, manager, developer and attorney since 1978. Mr. Glosser is thoroughly familiar with all aspects of real estate transactions and financing. He brings his entrepreneurial experience to the practice of law, enabling him to understand both the legal and business issues presented in each transaction. As an attorney, he assists clients with understanding and evaluating legal issues associated with business transactions, enabling clients to analyze risk, and make informed business decisions. Mr. Glosser is a frequent speaker on a variety of real estate topics, both locally and nationally.
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Cynthia M. (Cyndi) Stovall
Partner
Taft Stettinius & Hollister
Ms. Stovall assists clients in navigating complex transactional, development, financing, and operational matters over... | Read More
Ms. Stovall assists clients in navigating complex transactional, development, financing, and operational matters over the life cycle of their real estate projects. Her work includes representing developers and operators of mid- and large-scale industrial, retail, residential, and mixed-use projects; landlords and tenants in retail, office, and industrial leasing; and borrowers and guarantors in acquisition, construction, and long-term financing arrangements. In the course of her work, Ms. Stovall collaborates with project leadership and outside consultants to develop clear and efficient options for working through sophisticated legal issues.
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