ONLINE
Thursday, September 12, 2024
9:00 AM - 4:10 PM
The Purchase Agreement is the bedrock document of any commercial transaction. This seminar will take a deep dive into the purchase agreement by analyzing key provisions. Additionally, sessions will explore the essential steps before entering into an agreement and considerations for closing.
Plus, attendees will receive a sample purchase agreement and sessions will cover 20+ key provisions from the sample agreement.
Learn About:
8:30 – 9:00 a.m.
CHECK-IN & CONTINENTAL BREAKFAST
9:00 – 9:05 a.m.
WELCOME & INTRODUCTION
9:05 – 9:50 a.m.
Overview of the Commercial Real Estate Transaction
What is a Commercial Transaction? Who are the Key Players? What is the Process and Timeline Like? What are the Key Documents? What Types of Properties Fall Under the Commercial Umbrella? And Much More!
– Marvin A. Liszt
9:50 – 10:50 a.m.
Considerations Before You Draft the Purchase Agreement
Understanding “The Deal” and How to Use Letters of Intent, Options, and Other Tools of the Trade
– Shannon D. Hoagland
10:50 – 11:00 a.m.
BREAK
11:00 a.m. – 12:00 p.m.
The Purchase Agreement – Part I
Definitions, Parties, Property to be Acquired, Pro-Rations, Purchase Price, Earnest Money, Type of Deed, Title Examination
– Greta L. Bjerkness & Scott M. Lucas
12:00 – 12:45 p.m.
LUNCH BREAK (on your own)
12:45 – 1:45 p.m.
The Purchase Agreement – Part II
Contingencies, Inspection, Representations and Warranties, Zoning Approvals, Environmental Assessment, Costs and Commission
– Sara N. Wilson
1:45 – 2:45 p.m.
The Purchase Agreement – Part III
Closing, Casualty Loss, Condemnation, Assignment, Default, Termination, Remedies, Miscellaneous, Extension
– Katherine A. Johnson & Anne M. Paterson
2:45 – 2:55 p.m.
BREAK
2:55 – 3:55 p.m.
Title Commitments, Objection Letters, and Title Policies in Commercial Real Estate Transactions
– David LaBerge
3:55 – 4:10 p.m.
Key Points to Remember for the Commercial Closing
– Marvin A. Liszt
LIVE IN-PERSON
Tuesday, August 27, 2024
Minnesota CLE Conference Center
600 Nicollet Mall, Suite 370
Seventh Street & Nicollet Mall, Third Floor City Center
Minneapolis, Minnesota
ONLINE REPLAYS
Thursday, September 12, 2024
Monday, September 23, 2024
Attend online
A moderator will be available to answer questions by email.
$295 MSBA members / $295 paralegals / $345 standard rate
Other discounts that may apply:
Scholarships available!
Need-based scholarships are available for in-person and online seminars. For further information or to obtain a scholarship application, contact us at 800-759-8840 or customerservice@minncle.org.
Minnesota CLE is applying to the Minnesota State Board of CLE for 6.0 standard CLE credits. The maximum number of total credits attendees may claim for this program is 6.0 credits.
Minnesota CLE also has applied to the Minnesota State Bar Association for 6.0 basic real estate specialist credits.
