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A national law firm is seeking an experienced Commercial Real Estate Paralegal for our Fort Lauderdale Office. The ideal candidate will have excellent computer skills, time management and working skills in the areas of real estate law with the ability to work in a fast paced and team-oriented environment.
DUTIES/RESPONSIBILITIES:
- Must be able to handle a moderate volume of residential and/or commercial real estate closings (25-30) from contract to closing.
- Ordering title, lien search, survey, estoppel letters, and zoning (if applicable).
- Preparing preliminary CD/Closing Statement and interacting with buyer’s lender.
- Experience with communicating with clients in resolving title, lien, estoppel, and survey issues, and complete all processing duties for timely closings. Understand how to calculate and calendar critical dates and proactively request extensions.
- Prepare all documents for an organized and timely closing.
- Responsible for balancing a closing statement and incorporate lender funding.
- Perform E-recordings, title policies, and delivery of relevant documents to all parties in a timely fashion.
- Accountable for drafting commercial real estate documents such as purchase and sales contracts, seller’s documents including deeds, bill of sales, affidavits, and company resolutions, purchaser documents including promissory notes, mortgages, and closing documents, loan documents for financial institutions including notes, mortgages, assignment of leases, and closing statements.
- Review of title, review of surveys, preparation of title commitments and policies, estoppel letters, payoffs pre and post-closing matters; order all appropriate lien searches and review same.
REQUIRED SKILLS/ABILITIES:
- Must understand “Defined Terms” within a purchase and sales contract and have the ability to prepare, calendar and monitor contract critical dates.
- Knowledge of industry closing software is required, SoftPro is preferred but not required.
- Must have an understanding of commercial leases, title insurance and surveys, title exceptions, title commitments, encroachments or violations, and expertise in ordering titles in commercial transactions.
- Ability to process files from contract to closing and post-closing.
- Ability to prepare a title commitment and satisfy Schedule B-I title conditions and review Schedule B-II title exceptions.
- Ability to interact with underwriter to remove title exceptions when necessary.
- Ability to work with loan closing specialists in preparing loan closing statements and completing other requirements needed for loan closing.
- Any and all other duties as may be required of the job.
EDUCATION AND EXPERIENCE:
- The commercial real estate paralegal shall possess an undergraduate degree and have at least (5) five years experience working in the real estate law section of a mid-size or large law firm.
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