lorman
The AIA contract documents are the most widely used form agreements for the procurement of design and construction services in America. Perhaps the most significant change for 2017 was the creation of an Insurance Exhibit. This exhibit offers the parties the opportunity to explore in much greater detail the insurance needs of their project. The Insurance Exhibit also provides a great deal more specificity with regard to required property and general liability insurance. This topic will provide you with an in-depth understanding of how to use the Insurance Exhibit and get the most out of it to best insure a successful project.
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Attorney David Calderon, Esq. and CEO of uDirect IRA Services, Kaaren Hall, will show you how property owners can use an IRA LLC to guard their personal and business assets from unforeseen liabilities and quickly diversify real estate investments. After this one-hour webinar you will nail down exactly how to set up your self directed IRA to invest in property and other assets. Learn all about the IRA LLC as an asset protection tool and whether this strategy is right for you!
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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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In this Morningstar Institutional Equity Series webinar, our speakers explain the increased usage and prevalence of ESG, its benefits in the current market landscape and the value it will add to PitchBook public company profiles.
Key takeaways
Companies with greater ESG risk are less likely to receive wide economic moats, while also being prone to greater uncertainty ratings
At present, our most overvalued companies—1-star stocks—carry considerably lower total ESG risk versus other star-rating cohorts, suggesting investors may be paying a high price to own firms with positive ESG credentials
We view the greatest ESG risk in the energy and utilities sectors, and the lowest in technology and real estate
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