LIVE WEBCAST
Residential Real Estate Closings During COVID-19:
Tips, Traps and How to Make it All Work
Thursday, June 18, 2020 | 3:00 pm - 4:00 pm
For New York Attorneys: Newly admitted attorneys (those admitted to the New York State Bar for two years or less) may participate in Skills CLE courses in live, nontraditional formats, where questions are allowed during the program (through October 31, 2020, per recent guidance of the CLE Board – for more information,
click here).
Program Fee:
Free for Members | $50 for Nonmembers
CLE Credit:
New York: 1.0 Skills
New Jersey: 1.2 General
California: 1.0 General
Pennsylvania: 1.0 General
Connecticut: Available to Licensed Attorneys
This program provides transitional/non-transitional credit to all attorneys
Description:
COVID-19 has resulted in unprecedented interruption in the rendering of traditional legal services—especially the purchase and sale of real estate. Looking primarily at residential transactions (but with much of the discussion equally applicable to commercial deals) this program will make reference to some pre-contract concerns and CV-19 needed contract provisions and bore-down into the new normal of remote closings. With closed offices and social distancing the rule in all cases , how do you take the “old” normal—a room filled with buyers, sellers, lawyers, lenders, brokers and title agents-- and make for a smooth transfer of title and loan closing with all working remotely. It can and is being done.
In this hands-on program you will learn about remote verifications, electronic and remote notarization, gap title insurance coverage, orchestrating all parties for the closing and , getting all funds in the correct amounts to the right place, all culminating (hopefully) in the successful transfer of title and funding of a mortgage loan.
Tips and traps will be emphasized.
Click Here to View Program Agenda & Faculty
Program Co-Instructors:
Matthew C. Cahill, Vice President, Corporate Underwriting Counsel, First American Title Insurance Company
Jeffrey A. Margolis, The Margolis Law Firm
Sponsoring Association Committee:
Real Property Law, Jason T. Polevoy, Chair