Credit Union National Association
This webinar focuses specifically on the disclosures and statements required in connection with mortgage loan transactions.
Topics discussed will include:
- Application disclosures specific to home equity lines of credit (HELOCs)
- Periodic statement requirements for HELOCs
- Properly disclosing a closed-end mortgage loan including the Loan Estimate
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GeoPhy
This webinar on climate risk in real estate presents Four Twenty Seven and GeoPhy’s analysis of exposure to physical climate hazards in global real estate investment trusts (REITs). The presentations includes key findings from the white paper, Climate Risk, Real Estate, and the Bottom Line and a discussion of how physical climate data is leveraged in financial risk reporting for the real estate sector.
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Trying to juggle a real estate career and adjusting to a constantly changing social media world can be overwhelming. But where there are social media users, there are leads.
Travis Thom of Walled Garden joins us to provide insight on how agents can utilize Facebook and TikTok to generate leads.
What to expect:
Simplify your campaign structure
Use open or interest audience targeting
Create a strategy map with hooks and call-to-actions
The importance of optimizing your ads for mobile
Editing tools to help you build your ads
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Real estate lawyers use ROFOs, ROFRs, and purchase options in several contexts, including all types of commercial leases (office, retail, industrial, warehouse), ground leases, condominiums, and planned developments. Purchase rights can have a far-reaching impact on the grantor, holder, and subject property but are often an afterthought in the underlying transaction. They must be drafted with care, taking into account potential changes in parties and circumstances which may occur years later.
We will discuss best practices for drafting purchase rights, including the following considerations. The agreement that includes a purchase right should state the conditions for exercising the right to purchase and include a "time is of the essence" clause. All notices and other documentation must be in writing, and the parties should be identifiable. The parties should specify whether the preemptive right is a one-time or continuing right, whether the agreement requires strict compliance in exercising the right, and whether it is assignable.
The grantor should consider the burden on the title to the property. The grantor may have difficulty financing, selling, or leasing the property due to the purchase right. Lenders typically require subordination of an existing right before making a mortgage loan. Purchase rights should contain precise subordination language that addresses financing and foreclosure contingencies so that no further subordination is required.
Listen as our authoritative panel discusses the nuances of ROFOs, ROFRs, and purchase options, as well as key provisions to include in each. The panel will also review the title ramifications of preemptive purchase rights and their impact on future financing and sales transactions.
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