Course description
How to Set Pay Ranges That Are Fair and Effective
Walk away with a comprehensive due diligence checklist to ensure the success of your client’s real estate purchase. In any type of real estate purchase, due diligence is one of the vital tasks in performing the purchase. This topic will discuss assembling a due diligence team, review the right questions to ask the seller - and the client in engaging due diligence. We will assist in drafting terms of the purchase contract relating to due diligence to maximize the purchaser’s benefit of the due diligence process. We will discuss the due diligence process in the age of drop boxes and online document rooms. Finally we will discuss a comprehensive due diligence checklist and review specific important factors, including title, survey, zoning, environmental issues, leases, etc.
Learning Objectives
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Who should attend?
Training content
- Due Diligence Threshold Questions
- Why Is the Property Being Purchased?
- How Will the Property Be Used?
- Will There Be Construction?
- Who Is the Due Diligence Team?
- Determining Basic Due Diligence NeedsDue Diligence Terms of the Agreement
- Time Periods
- Inspection of Materials
- Addressing Document Rooms and Electronic Storage
- Inspection of Property
- Ramifications of Due Diligence OutcomeSpecific Due Diligence Issues
- Title and Survey
- Zoning
- Plat Issues
- UCC Searches and Personal Property
- Lender Requirements
- Leases
- Environmental Studies
- Miscellaneous Issues
- Mineral/Oil/Gas/Timber/Water Rights–Purchase of Business–Hotel Management Agreements–Franchise Agreements–Intellectual Property
Costs
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Lorman Education Services - Live and On-Demand Courses
Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...