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OnDemand Course

The Complete Real Estate Closing Checklist

Don't risk making mistakes - learn the ins and outs of the commercial real estate closing process.

Prepare yourself for the return of commercial real estate lending, learn to make the transactions you are involved in run more smoothly, and set yourself apart from your peers, by learning the ins and outs of drafting a complete and thorough closing checklist for commercial real estate loans. Learn about all the documentation which can be necessary from various perspectives (lender, attorney, borrower, title company, etc.) to close a commercial real estate loan transaction. Plus learn added tricks of the trade as to timing and details which will help your transaction run more smoothly. Many individuals involved in commercial loan transactions never fully understand all the steps and details that go into closing a complex commercial real estate loan transaction. This topic will provide an overview to understand the entire process required for closing a commercial real estate loan transaction. Explanation of the documentation necessary from an attorney's perspective to close a commercial loan transaction, as well as what the documentation consists of and why it is necessary will be discussed. Individuals involved in all aspects of commercial real estate will benefit from a better understanding of what is involved in closing a commercial real estate loan transaction and a more thorough understanding of the documents which may be necessary in connection therewith.

89 minutes
Certificate of Completion

Topics Covered

This program covers three main topics:

  • Loan documentation — including everything required to demonstrate financing for a commercial transaction. This can include loan and mortgage agreements, assignment of rents and more. Students learn what red flags to look for and what constitutes appropriate due diligence in these matters.
  • Title and surveying issues — including how to read a title document, what the different types of surveys are and when they should be performed, and other topics relating to liens, zoning and land use.
  • Miscellaneous issues not covered in the first two modules, such as authority documentation, insurance, environmental reports and more.

Program Delivery Options

The Complete Commercial Real Estate Loan Closing Checklist training has been designed for legal professionals interested in gaining the background knowledge necessary to consult on these types of issues. To simplify training, Lorman Education Services offers this course as an OnDemand webinar which can be accessed at any time, from any Internet-enabled computer.

You can also download an MP3 version of the course content or have the PDF and MP3 files sent to you on a USB flash drive. After successfully completing this course, you may qualify for continuing legal education credits from most state bar associations — visit the Credits tab on this page for more information.

Commercial real estate closing is just one of the training options we offer legal professionals. Sign up and grow your career today, or browse our website to see a complete list of courses.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Loan Documentation

  • Loan Agreement
  • Notes
  • Mortgage, Assignment of Rents, Security Agreement
  • Guaranty - Recourse vs. Nonrecourse
  • Miscellaneous Loan Documents

Title and Survey Matters

  • Title Insurance - How to Read a Title Commitment, Loan Policies and Endorsements
  • Surveys - ALTA Standards, Certifications, Encroachments and Survey Review

Miscellaneous Matters

  • Authority Documentation
  • Insurance
  • Searches
  • Environmental Reports
  • Appraisals
  • Legal Opinions
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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on August 28, 2019.

Call 1-866-352-9540 for further credit information.

  • CA MCLE 1.5
     
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
     
  • WA CLE 1.5
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of A/V credit under the Law & Legal Procedure category.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Jodi L. Henninger

Jodi L. Henninger

Clingen Callow & McLean, LLC

  • Partner in the office of Clingen Callow & McLean, LLC
  • Practice emphasizes all aspects of commercial real estate and financial lending transaction
  • Conducts regular seminars and workshops on numerous commercial real estate and financial lending transactions, including "Complete Commercial Real Estate Loan Closing Checklist" live webinar for Lorman Education Services
  • Member of Illinois State Bar Association, DuPage County Bar Association, CREW (Commercial Real Estate Women) – Chicago Chapter
  • J.D. degree, DePaul University College of Law; B.A. degree in speech communication, University of Illinois
  • Can be contacted at 630-871-8550 or [email protected]
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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!


  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

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Access to all training products for one year
$699/year

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Product ID: 406649
Published 2019
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Available in Multiple Formats

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