Commercial Real Estate Law: The Basics & Beyond

Originally held on Monday, May 20, 2019 | 6:00 p.m. – 9:00 p.m.


Program Chair:
Jason T. Polevoy
Patterson Belknap Webb & Tyler LLP

  • This program will identify and address a range of pertinent topics the practitioner will encounter in a commercial real estate transaction, including contract formation, title and survey issues, and due diligence investigations. Our panelists will give the audience the “do’s and don’ts” of a commercial real estate transaction as well as model language and forms for use in everyday practice.  The program will provide valuable guidance to the “beginner” real estate practitioner as well as litigators who practice in the area of real estate litigation.

    OnDemand: $179 for Members | $279 for Nonmembers

    Members who are Recent Law Graduates, Newly Admitted Lawyers (admitted for the first time in any state or country 2017-2019), In-House/Corporate Counsel, Judges (and their staff who are also members), or attorneys that practice within the Government, Academic or Not-for-Profit sectors attend this program for free.

  • Harlan T. Greenman
    Greenspoon Marder LLP
    Edward C. Kang
    Edward C. Kang LLC
    Diane Schottenstein
    Law Offices of Diane Schottenstein

  • 6:00 pm – 6:15 pm Contract Formation

    • Statute of Frauds
    • Material and Essential Terms; Exception
    • Delivery of the Purchase and Sale Agreement
    6:15 pm – 6:25 pm Down-Payment/Escrow
    6:25 pm – 6:45 pm Leases & Service Contracts

    • Tenant Estoppel Certificates; Rent Rolls
    • Assignment of Leases; Notice to Tenants
    6:45 pm – 7:15 pm Due Diligence/Property Condition

    • “Buyer Beware”; Exceptions
    • Title and Survey
    • Service Contracts
    • Leases
    • Environmental/Engineering
    • Land Use/Zoning
    7:15 pm – 7:30 pm Seller’s Representations

    • Seller’s Representations
    • Merger Doctrine
    7:30 pm – 7:45 pm Closing Date; “Time of the Essence”
    7:45 pm – 8:00 pm Conditions to Closing/Deliverables

    • Deed
    • Conveyance Forms
    • Other items required by contract
    8:00 pm – 8:05 pm Break
    8:05 pm – 8:15 pm Risk of Loss
    8:15 pm – 8:35 pm Remedies for Breach

    • Liquidated Damages
    • Specific Performance
    • Rescission
    8:35 pm – 8:45 pm Brokers
    8:45 pm – 8:50 pm Notices
    8:50 pm – 9:00 pm Additional Provisions

    • Assignment of Purchase and Sale Agreement
    • Confidentiality
    • Miscellaneous
    • Section 1031 Exchange

    Each session will include a question & answer session.

  • CLE Credit
    New York:
    3.5 Skills
    New Jersey:
     3.5 General
    2.5 General
     2.5 General

    Please Note: Newly admitted NY attorneys cannot fulfill ethics or skills credits through our on-demand programs under OCA rules. For more information on this, please see

  • Sponsoring Association Committee: Real Property | Jason T. Polevoy, Chair

    Sponsorship Opportunities are Available! Please Contact:
    Angie Avila, Manager, Membership Outreach and Sponsorships | (212) 382-6608 |