Author: Gregory M. Stein
Author info: Professor of Law
Publication Date: August 20, 2008
Publisher: American Bar Association
Synopsis: This new book, a practical introduction to transactional real estate law, provides a bridge between the theory of law school and the reality of a real estate law practice. It helps less experienced lawyers navigate through the maze of steps involved in a real estate transaction, while at the same time it serves as a valuable reference manual for more seasoned attorneys as well as those whose practice is concentrated in other areas of the law. Describing the day-to-day tasks that commercial real estate lawyers are likely to face, A Practical Guide to Commercial Real Estate Transactions follows each of the steps of a transaction in the order in which they generally arise. Much of the real estate lawyer’s practice revolves around transactional documents, so an emphasis is placed on the drafting, negotiation, and revision needed to get a deal closed. Starting with the contract of sale, the book then discusses both post-contractual and post-loan commitment due diligence, examines issues involving title, the survey, the loan commitment, and provides detailed discussion of all documents needed for the closing, advice on how to prepare for and properly run the closing, and a discussion of post-closing matters.