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Letters of Intent in Real Estate Transactions: Live Replay Teleseminar
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 Export to Your Calendar 4/6/2020
When: Monday, April 6, 2020
Dial-in: 12:45 PM | Program: 1:00 - 2:00 PM
Where: Teleseminar: WebCredenza


Online registration is available until: 4/5/2020
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Online registration will close the day before a program. We encourage you to pre-register if you want a link to the program materials
prior to the program.




CLE CREDITS:  1.0 

Letters of intent in real estate transactions – buying/selling property and leasing – are essential in helping the parties frame areas of agreement, identify areas for further negotiation, and establish a timeline for completing the deal. These letters can also be cost-effective in determining whether the parties can reach agreement on major terms before definitive agreements are drafted. But there are substantial drawbacks. One party may use the letter to shop the transaction to third parties, using the offer as a stalking horse. In some instances, too, the letter itself may be so detailed that it becomes enforceable. This program will provide you with a practical guide to drafting letters of intent in commercial real estate acquisition and sales, and leasing transactions.

  • Defining timeframes for negotiations/operative agreements & expiration of letter
  • Core economic terms – purchase price and holdbacks, lease payments, escalator clauses
  • Deposits – hard money v. soft money – and escrow instructions
  • Identifying the property subject to acquisition or lease
  • Other major terms – use, exclusivity, environmental issues, etc.
  • Confidentiality and non-marketing provisions

Speakers:
Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP 
Richard R. Goldberg is a retired partner, Philadelphia office of Ballard Spahr

REGISTRATION FEES
» MSBA Member: $69
» Non-Members: $99

 

Prior to the program or on the morning of the program, you will receive an email from the MSBA containing a toll-free telephone number to call into he program. You will also receive a PDF containing the materials to download to your desktop or mobile device.

HOW TO REGISTER
Members and Non-Members need to log in to see the proper registration fees.

  • Members: If you are a member of the MSBA, please sign in to receive the member rate.
  • Non-Members & Non-Attorneys: If you have attended any MSBA event in the past, you have an account with us. If you do not know your username or password, please call the MSBA. We will provide you with login credentials so you can register online.
  • If you have never attended an MSBA event: Please call the MSBA or mail or fax this registration form to register.

CANCELLATION POLICY
Full refunds will be given to those who cancel by 4:30 p.m., 5 working days prior to the program. Registrants who cancel after this deadline but prior to the program date will be charged an administrative fee of $20 per credit hour. A link to download and print the materials will be sent to those who fail to cancel in advance. QUESTIONS? CONTACT US!
1-877-622-7554.


 

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