Skip to main content
 This program is no longer active, however there are other versions of this program in which you may be interested.

2022 Guarantees in Real Estate Transactions, 12/20/2022 12:00:00 AM CST, Self-Study More info »
Not Found
Advanced CLE

2022 Guarantees in Real Estate Transactions


Total Credits: 1.2 MCLE, 0.0 Kansas Credit

Practice Area:
Real Property

Dates


Description

Guarantees undergird most real estate transactions.  Lenders, investors and others are often unwilling or unable to finance or otherwise support a real estate transaction without certain substantial guarantees.  These guarantees may concern repayment of loan proceeds or performance of other services – construction, maintenance and waste prevention, environmental indemnity, etc.  The scope of guarantees is highly negotiated, particularly whether the guarantee is recourse or non-recourse and the scope of carve-outs from the guarantees. This program will provide you with a practical guide to negotiating and drafting guarantees in real estate transactions. 

•    Types of guarantees – payment, performance, collection, completion
•    Essential elements of a guarantee – consideration, scope, carve-outs, waivers
•    Guarantees for property maintenance/no waste, environmental indemnity and other non-financial concerns
•    Carve-outs – full v. partial, fraud, misappropriation, misapplication, failure to maintain, insurance, and more
•    Guarantees of construction loans

Materials

Cancellation Policy

Click HERE to review the Cancellation Policy.

Please wait ...

Back to Top