Avoiding Common Problems in Real Estate Transactions

Training Provided by Lorman Education Services Look before you lease. Steer clear of common problems in real estate transactions. Attend this enlightening seminar and get an insightful look at how to deal with common issues for both leasing and sales. Our seasoned professionals will provide practical answers to your most pressing questions about due diligence. You'll get an inside look at how to respond to confusing issues surrounding lease documents. Take advantage of this opportunity to make sure you stay current and stay out of trouble. You'll acquire the shrewd wisdom and good judgment necessary to succeed - no matter what challenges arise. Don't miss this opportunity to learn to navigate the complex issues surrounding real estate transactions in Manitoba. Benefits for You - Find out why proper due diligence is crucial - and what you should look for - Avoid the hotbed of legal traps in real estate transactions - Ease your worries concerning the offer to purchase or lease - Skillfully maneuver through trust and due diligence conditions - Solve your toughest problems related to payment of GST

Avoiding Common Problems in Real Estate Transactions Agenda

8:30 am - 9:00 am Registration

9:00 am - 10:30 am Offer to Purchase

- Raymond P. Oakes

Trust Conditions

- Raymond P. Oakes

10:30 am - 10:45 am Break

10:45 am - 12:15 pm The Importance of Proper Due Diligence in Commercial Real Estate in Both the Leasing and Sale Transactions

- Joe Banfield

- HVAC - As Built vs. What's Required

- Existing Conditions vs. Code Requirements

- Lease Documents

- What Can and Needs to Be Negotiated Out?

- Options for Expansion, Renewal, Contraction, Assign, Air Rights, etc.

- Arbitration Alternatives

- Signage (and the City)

- Tenant Inducements

- Payment of GST

- Pro Forma Elements, Are they Accurate?

- Zoning and Occupancy Permits

- Title Issues

- Environmental Reports

- Building Condition Reports

12:15 pm - 1:15 pm Lunch (On Your Own)

1:15 pm - 2:45 pm Common Problems From the REALTOR® Perspective: How to Solve and How to Avoid

- Allan Asplin

2:45 pm - 3:00 pm Break

3:00 pm - 4:30 pm Hidden Traps and Pitfalls

- Jeffrey M. Shypit

- The Contract - When Words Don't Matter

- Legal Traps (e.g., Caveat Emptor, Doctrine of Merger, Torts)

- The Importance of Status Quo (e.g., Possession Is Nine-Tenths of the Law)

- Legal Ethics

- The Future

About The Training Provider: Lorman Education Services

More Real Estate Training from Lorman Education Services

• Aging Building Management: Best Practices in Development Long-Term Capital Plans
• Basic Commercial Leases
• Capital Improvements for Condominium and Homeowners' Associations
• Collection Techniques for Landlords
• Commercial Lease Negotiations and Due Diligence
• Commercial Leases
• Commercial Leases: A Discussion of Legal, Negotiating and Drafting Considerations For Build-Out, Operating Expense, Tax and Othe
• Commercial Real Estate Lease Escalations
• Commercial Tenant Defaults: Practical Issues and Legal Remedies
• Developing an Effective Property Management Plan
• Environmental Issues in Commercial Leases
• Escrow Basics: The Keys to Successful Real Property Closings
• Evictions: Residential and Commercial
• Green Leases: Negotiating Renewals and Direct Leases Under Sustainability Mandates
• Negotiating, Documenting and Enforcing Arkansas Leases
• Practical and Legal Aspects of Real Estate Auctions
• Preparing for the Next Wave of Real Estate Closings
• Real Estate Law From A to Z
• The Complete Closing Checklist
• The Fundamentals of Leasing Provisions and Covenants
• Toxic Properties: Mold, Meth Labs and Beyond
• Understanding the New GFE and HUD-1/IA Settlement Statements