ALI CLE/ACREL Present: Real Estate Finance Opinion Letters: Assumptions and Limitations
4/24/2024 - 4/24/2024
12:00 PM - 1:00 PM
Location:
Why You Should Attend
Lenders in large commercial real estate finance transactions often require a legal opinion from borrower's counsel. Drafters of these third-party legal opinions must employ proper risk management procedures and be aware of the professional liability risks their opinion letters expose them to – specifically negligent misrepresentation claims. Conversely, parties relying upon opinion letters need to understand the limits, assumptions, and due diligence opinion letters rest upon and the limited recourse options available when an erroneous opinion is rendered.
Register for this program, cosponsored by ALI CLE and ACREL, to learn how an opinion preparer’s use of due diligence and the inclusion of customary assumptions, qualifications; limitations, and exclusions can minimize drafter exposure and streamline your next real estate finance deal.
What You Will Learn
This program, presented by two nationally recognized real estate lawyers, provides attendees with a solid working knowledge of legal opinion customary practice and strategies. Analysis and guidance will be given on this and more:
Policy and practice issues: Factual knowledge, documentation, and when additional investigation is necessary
Enforceability and other key opinions
Local counsel opinions: Understanding enforceability, scope, and the ethical considerations involved
Implicit and explicit assumptions: Learning when you need to state them
Qualifications, exceptions, and exclusions
Due diligence: What is required to render a legal opinion, resources to use, and required approvals
Questions will be submitted live to the faculty and all registrants will receive downloadable course materials to accompany the program.
Who Should Attend
Attorneys engaged in real estate finance transactions.
ACREL Members get a 40% discount* on their registration using coupon code ACRELCF.
Register two or more and SAVE! Register as a group for this program and save up to 35%. Click here for more details. (Offer valid on new registrations in the same delivery format only; discounts may not be combined.)
*This offer is valid on newly processed registrations; this discount cannot be combined with other discounts, including group discounts.