Real Estate Paralegal

2 weeks ago

Santa Monica, United States LHH Full time

LHH Recruitment Solutions is seeking a Real Estate Paralegal in Santa Monica, CA This is a full-time permanent role.


Responsibilities:

  • Review existing leases, REAs and other documents for existing exclusives and prohibited uses/use restrictions.
  • Prepare schedules/exhibits of for pad sales and anchor/big box lease transactions.
  • Perform due diligence reviews of leases and REAs interpreting relocation rights, repair obligations, options to extend, co-tenancy obligations, radius restrictions, no-build zones, protected areas, termination rights, CAM language, exclusive uses and all other rights, remedies and controls of the parties to the lease.
  • Draft template REA and anchor lease amendments, purchase and sale agreements, CC&Rs and other legal documents.
  • Prepare correspondence, memos and reports.
  • Prepare critical dates charts for anchor projects; manage critical dates and deadlines for anchor projects in process.
  • Managing the Company’s process for obtaining title information, including the following: place title orders, review of title and survey matters, work with company personnel and third parties (buyers and tenants) to resolve title and survey issues, and coordinate and facilitate issuance of title insurance policies; update the legal department database of title reports, title policies and surveys; prepare legal description exhibits for use in real estate transactions.
  • Managing inquiries regarding property ownership, including: research of real property history and chain of title; confirm and diagram fee and leasehold property ownership.
  • Managing the process of providing property-related legal information for due diligence needs in shopping center sales, including: prepare due diligence lists (e.g., schedules of key real estate documents) and folders for shopping center sales, advise and assist asset management in response to buyer due diligence inquiries, and advise and assist asset management with preparation of and response to estoppel certificates.
  • Manage documentation for large transactions.
  • Coordinate execution and delivery of documents.
  • Prepare transaction summaries; prepare and maintain closing binders and organize and maintain all department files.
  • Handle escrow transactions for pad/outparcel/excess land sales, including monitoring and coordinating escrow responsibilities.
  • Preparation of closing documents and closing instruction letters.
  • Handle and manage the preparation and/or review and processing of estoppel certificates and the due diligence required for issuance of estoppel certificates, as well as easements.
  • Catalog development memos for shopping center malls.


Qualifications:

  • Paralegal certificate from an ABA approved school is required.
  • Bachelor’s degree preferred but not required.
  • 3+ years of law firm and/or in-house experience as a real estate paralegal required, with substantial title and survey expertise preferred.
  • Excellent computer skills to include MS Office, Adobe Acrobat/Reader, iManage, Workshare and Redline.
  • Notary or open to becoming a notary.


Salary:

$90,000 to $120,000 per year

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