Paralegal-Property Development

Life Time Inc.; Chanhassen (MN); On-site; USD 46,000 - 64,000; Full time

Job summary

Life Time Legal supports our growing Healthy Way of Life businesses by providing trusted guidance across corporate, real estate, and regulatory matters. The Paralegal - Property Development role focuses on supporting the property development attorneys and business partners in all real estate related matters.

Key duties include reviewing leases, purchase agreements, title and survey work, drafting documents, managing deadlines, and assisting with closings and joint ventures to keep real estate

Qualifications

• Experience in reviewing, revising and analyzing leases.
• Experience in reviewing, revising and analyzing purchase agreements.
• Experience in preparing for and managing real estate closings.
• Experience in reviewing title and survey.
• Excellent oral and written communication skills.
• Highly organized and able to multi-task under tight deadlines.
• Self-motivated with strong interpersonal relationships with Life Time business unit owners.
• Proficient with Microsoft Word, Excel, Outlook, PowerPoint.

Responsibilities

• Review, revise and analyze leases, letters of intent, amendments, declarations, easements and other real estate contracts.
• Review title and survey for sites, draft title objection letters and internal memos, communicate with sellers, title companies, surveyors and landlords.
• Review, revise and analyze purchase agreements to prepare closing checklists and documents.
• Prepare first drafts of simple purchase agreements, amendments and leases for attorney review.
• Assist attorneys, paralegals and business counterparts in real estate matters including property management and lease administration.
• Track and manage critical dates within contracts.
• Review due diligence and respond to diligence requests; assist with JV and property management agreements.

Skills

Real estate contracts

Purchase agreements

Closings

Title & survey review

MS Office

Communication skills

Organized

Analytical thinking

Multi-tasking

Interpersonal relationships

Education

A.A. degree

Bachelor's degree preferred

Tools

Microsoft Word

Excel

Outlook

PowerPoint

WebEx

Microsoft Teams

Smartsheets

Job description

Life Time Legal partners with, propels, and protects our growing Healthy Way of Life businesses. We support our business partners with subject matter expertise, a problem-solving approach, and trusted advice. Our goal is to propel growth at Life Time while calibrating and mitigating legal risk. We cover all major legal practice areas including, corporate/transactional, consumer, intellectual property, employment, property development (real estate and construction), litigation, and regulatory/licensing work. What does it mean to be a part of the Legal Team? We offer the opportunity for professional accomplishment and growth with diverse, talented, and collaborative Team Members in a dynamic work environment at a company with an indisputably important mission—to help people live healthier lives.

Position Summary

The Paralegal - Property Development supports the property development attorneys and business counterparts. This role would exclusively support the property development functions.

Job Duties/Responsibilities

• Review, revises and analyzes leases, letters of intent, amendments, declarations, easements and other real estate and development related contracts.
• Review title and survey for sites, draft title objection letters and internal memos, communicate professionally with sellers, title companies, surveyors and landlords regarding the same.
• Review, revise and analyze purchase agreements to prepare comprehensive closing checklists, closing documents and coordinate internally and externally to achieve efficient closing on real estate.
• Prepare first drafts of simple purchase agreements, amendments to purchase agreements and leases and other correspondence for review and approval by attorneys.
• Assist property development attorneys, paralegals and business counterparts in all aspects relating to real estate and development, including property management and lease administration.
• Track and manage critical dates within contracts.
• Review due diligence and respond to due diligence requests.
• Review and assist with joint venture agreements and property management agreements.
• Prepare first drafts of less complex property management agreements and amendments
• Analyze whether real estate and broker licenses are needed for Life Time Living and Life Time Stay business lines in new jurisdictions.
• Track status of real estate and broker licenses and permits in various jurisdictions for Life Time Living and Life Time Stay business lines.

Minimum Required Qualifications

• Experience in reviewing, revising and analyzing leases.
• Experience in reviewing, revising and analyzing purchase agreements.
• Experience in preparing for and managing real estate closings.
• Experience in reviewing title and survey.
• Excellent oral and written communication skills.
• Highly organized.
• Strong critical thinking and analytical skills, including ability to define problems, collect and analyze data, draw valid conclusions and recommend solutions.
• Able to effectively multi-task with tight deadlines independently and on a team with diverse personalities and work styles.
• Self-motivated.
• Able to build strong interpersonal/working relationships with Life Time business unit owners
• Ability to operate a personal computer, including strong experience with Microsoft Word, Excel, Outlook, WebEx, Microsoft Teams, Smartsheets and PowerPoint.
• Experience in real estate and broker licensing requirements.
• Experience with various types of real estate joint ventures.
• Experience with property management agreements.

Education

• A.A. degree, but B.A. degree preferred

Years of Experience

• 5 to 10 years’ experience as real estate paralegal, preferably in-house or law firm

Licenses / Certifications / Registrations

• n/a

Preferred Qualifications

• Bachelor's Degree in a related field
• Experience at a in-house and/or law firm
• Able to effectively multi-task with tight deadlines independently and on a team with diverse personalities and work styles
• Self-motivated
• Able to build strong interpersonal/working relationships with Life Time business unit owners
• Ability to operate a personal computer, including strong experience with Microsoft Word, Excel, Outlook, and PowerPoint

Pay

This is an hourly position with wages starting at $33.75 and pays up to $46.75, based on experience and qualifications.

Benefits

All team members receive the following benefits while working for Life Time:

• A fully subsidized membership
• Discounts on Life Time products and services
• 401(k) retirement savings plan with company discretionary match (21 years of age and older)
• Training and professional development
• Paid sick leave where required by law

Full-time Team Members are eligible for additional benefits, including:

• Medical, dental, vision, and prescription drug coverage
• Short term and long term disability insurance
• Life insurance
• Pre-tax flexible spending and dependent care plans
• Parental leave and adoption assistance
• Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave
• Deferred compensation plan, if the team member meets the required income threshold

Life Time is a place for everyone. As an organization, we are committed to an inclusive, diverse and equitable workplace that respects and celebrates the unique contributions of each individual while ensuring we remain an equal opportunity employer that recruits, hires, trains and promotes based on merit and qualifications.