Day 1: Agenda
All times refer to the Eastern Time Zone.
Morning Classes
Ch. 3 – Commercial Real Estate Contracts: Building the Commercial Contract
Presenter: Michael Rothman
Afternoon Classes
Details
Ch. 3 – Commercial Real Estate Contracts: Building the Commercial Contract
Description
Unlike residential transactions, where form contracts are ubiquitous and are typically prepared by real estate agents, the sale of commercial real estate will necessitate counsel’s involvement from the outset, negotiating and preparing a purchase and sale agreement (PSA) tailored specifically to the transaction at hand. This segment of the training focuses on the building of a commercial PSA. Attention is particularly paid to contract provisions that are wholly unique to commercial transactions, such as “deliverables” and the use of representations and warranties as a substitute for - or supplement to - the buyer’s due diligence concerns. Importantly, the attendee is encouraged to always consider and view each contract term discussed through the lens of which side to the transaction he or she may be representing.
Michael Rothman, Senior Manager, Legal Education,
Old Republic Title
Michael Rothman joined The Fund in 2017. As Senior Manager, he is responsible for supervising the preparation and delivery of all Agent Education Department content, including its CLE-accredited webinars and seminars, and live training classes, including New Agent Training and Commercial Training. Previously, Mr. Rothman was a partner in the Miami firm of Rothman & Tobin, P.A., where he served as an outside claims counsel for The Fund, assisting in the resolution of title claims for its insured owners and lenders. Mr. Rothman also was a long-time title agent that handled residential and commercial closings and represented some of Florida’s premier homebuilders in many south and central Florida communities, including Weston, Celebration, Baldwin Park and Lake Nona.
Phone: (321) 300-7162
Email: mrothman@oldrepublictitle.com
Links
Questions
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