Register Online - Add to Cart
Product ID: 401555EAU
 
Credit & Course Provided by:

Real Estate Opinion Letter Fundamentals

OnDemand Webinar (92 minutes)

Stay current in your understanding of the standards and expectations of real estate opinion letters.This topic will provide an overview of the key issues encountered by counsel in issuing third-party closing opinion letters. The presentation will identify available opinion resources and provide guidance on both substantive and process issues. The approach will be pragmatic and designed to provide opinion issuers with practical, useable advice on dealing with what is an often a difficult and stressful task for counsel not conversant in opinion practice.

Authors

Charles L. Menges, McGuireWoods, LLP David L. Miller, Pillsbury Winthrop Shaw Pittman LLP Lydia C. Stefanowicz, Greenbaum, Rowe, Smith & Davis LLP

Agenda

Overview

Ethical Considerations in Issuing Third-Party Legal Opinions

Firm Opinion Letter Policies and Procedures

What Opinions Should You Give?

Opinion Resources; Forms

Opinion Due Diligence

Substantive Opinions

• Core Opinions

- Entity Opinions (Entity Status, Power, Authorization, Execution and Delivery)

- Enforceability Opinion

• Other Opinions

- Form of Security Documents

- No Breach or Violation

- No Violation of Law

- Choice of Law

- Usury

Inappropriate Opinion Requests

Limitations-Assumptions, Exclusions and Qualifications

Local Counsel Issues

Governing Law Issues