Description
Gain an understanding of representations and warranties and improve your client’s legal risk position.Representations and warranties are often considered boilerplate provisions and overlooked. The truth is that representations and warranties are the springboard for parties to assert default and seek damages. This course will provide you with a checklist of items to assist you in making accurate and effective suggestions to improve your client’s legal risk position. You will gain the tools you can use with each transaction to be more effective in tailoring appropriate representations and warranties to each of your transactions.
Date: 2022-07-27 Start Time: End Time:
Learning Objectives
Key Representations and Warranties in Commercial Real Estate Purchase and Sale Contracts
• Leases
• Liens
• Environmental Matters
• Service Contracts
Guidance for Negotiating Representations and Warranties
• Items the Purchaser Should Negotiate
• Items the Seller Should Negotiate
Qualifying Representations and Warranties
• Disclosing Exceptions, Discussion of Schedules
• Materiality Requirements
• Knowledge Standards and Limitations
• Other Qualifiers
Date Down Certificates and Survival
• Provisions Favorable to Purchaser
• Provisions Favorable to Seller
Limitations on Liability and Remedies
• Limiting Liability
• Remedies for Breach
• Anti-Sandbagging
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Benjamin D. LaFrombois-MG+M The Law Firm
