Real Estate

Virtual Paralegal Services offers on-demand paralegal services for real estate transactions and commercial leasing. With experienced and senior real estate paralegals, VPS assists in a number of real estate matters including: research, document drafting, third party consents and approvals, lease management, obtaining title insurance policies, mortgage inspection plans, and public records retrieval and filing.

Commercial Real Estate Transactions

real estate

  • Assist with closings including drafting closing agenda from purchase and sale agreements
  • Title Research
  • Ordering and summarizing title examinations
  • Ordering municipal lien certificates
  • Coordinate title searches and rundowns
  • Ordering, preparing and filing UCC financing statements
  • Requesting payoff information
  • Obtaining mortgage discharges
  • Preparation of deeds
  • HUD settlement statements
  • Account reconciliations
  • Review of title policies
  • Coordinating closings
  • Prepare closing binders

Commercial Leasing

  • Prepare
    • Draft and review of commercial leasing documents
    • Draft and prepare SNDAs and estoppels
    • Review title commitments, survey plats, and legal descriptions
    • Prepare and file corporate documents
  • Negotiate
    • Negotiate language and changes with parties
    • Document changes through amendment or letter agreement
    • Manage correspondence between parties of the transaction (client and title companies, lenders, surveyors, appraisers, etc.)
    • Coordinate scheduling and tracking of deadlines
    • Prepare documents for execution, index and circulate fully executed documents
  • Manage
    • Maintain status reports and create lease abstracts
    • Maintain/update status reports showing progress on each deal in process and track all completed documents
    • Manage claims and disputes
    • Manage obligations
    • Provide termination notices and manage transitions