Paralegal - Real Estate - Commercial and some Residential

Legal Search Solutions, LLC; West Palm Beach (FL); Sur place; USD 52 000 - 72 000; Plein temps

Résumé du poste

Legal Search Solutions, LLC in West Palm Beach, FL seeks a Real Estate Paralegal- Commercial with some Residential to support a busy practice. The role covers closing coordination, title review, document drafting, and TRID compliance from contract to closing, handling 25-30 closings.

Strong organizational skills and multitasking are essential. Candidates should have extensive real estate paralegal experience, familiarity with DoubleTime and RamQuest, and a proven ability to communicate with

Qualifications

• Undergraduate degree or paralegal training with real estate focus.
• Minimum several years in real estate law or paralegal role.
• Comfort drafting and reviewing closing documents and contracts.

Responsabilités

• Manage commercial and residential real estate closings from contract to closing.
• Coordinate title, lien searches, surveys, estoppel letters and funding documents.
• Prepare CD, balance closing statements, and ensure TRID compliance.
• Communicate with buyers, sellers, lenders and agents to update statuses.

Connaissances

Real estate closings

TRID compliance

Organizational skills

Communication

Multitasking

Formation

Undergrad degree

Paralegal cert

Outils

DoubleTime

RamQuest

Outlook

Description du poste

Real Estate Paralegal- Commercial with some Residential

Multi-practice, multi-state law firm with excellent reputation for excellence is hiring for their West Palm Beach office:

DUTIES:

Section 1 - GENERAL TITLE COMPANY DUTIES INCLUDE:

1. Must be able to handle a moderate volume of Commercial and/or Residential real estate closings (25-30) from contract to closing. Duties include:
2. Sending out welcome packages to both buyer / seller;
3. Ordering title, lien search, survey, estoppel letters;
4. Preparing preliminary CD and interacting with buyer’s lender to ensure compliance with TRID. Timeliness and immediateness of this task is KEY. This task must be done in conjunction with all other tasks, therefore organizational skills are mandatory. Do not apply unless your organizational skills are "type - A"
5. Phone and email interaction with buyer, seller, agents, lenders to ensure all parties are kept up to date on the status of their files. If there are any issues with title, lien search, estoppel or anything, candidate must be able to communication what the issue is to all parties and know who is responsible to addressing the issue.
6. Have complete competence in how to resolve title issues, lien search issues, estoppel issues, and compete all processing duties to allow the closing to occur timely. Understand how to calendar critical dates and proactively request extensions. If candidate cannot manage files to remain contractually compliant – need not apply.
7. Prepare for an organized closing which includes notifying all parties in advance of closing how much buyer needs to bring to closing, obtain agent wire instructions, obtain bank approval of closing statement, know what documents are required for funding the loan, organize the documents in a fashion that allows the funding number to be obtained while closing is still occurring,
8. Understand how to balance a closing statement and incorporate lender funding "net" or "gross". Understand how to do this with various software, DoubleTime, RamQuest,
9. Understand the swiftest and most efficient way to fund a transaction at the closing table so that all parties are happy and the closing is successful.
10. Understand how to E-record and what all documents mean and the importance of timely recording and timely delivery to parties of respective documents.
11. Understand how to issue title policies in a timely fashion
12. In addition to the title company duties defined in section 1, candidate must be competent:
    • Document Preparation
      • Must draft and understand residential and commercial real estate transactions, including:
        • Purchase and sales contracts
        • Due diligence timeline establishment
        • Preparation of critical date list
        • Calendar of critical dates;
        • Preparation of Seller’s Documents (including deed, bill of sale, affidavits, company resolutions);
        • Purchaser documents (including promissory note, mortgage, closing documents);

(iv) Loan Documents for Financial Institutions (including note, mortgage, assignment of leases, closing statements)

1. Review of title, review of surveys, preparation of title commitments and policies, estoppel letters, payoffs pre and post closing matters; order all appropriate lien searches and review same.
2. Must be able to prepare closing statements and loan packages.

1. Due Diligence Activities
   • Complete Due Diligence activities, ability to process files from contract to closing and post-closing. Must understand "Defined Terms" within a purchase and sales contract and have the ability to prepare, calendar and monitor contract critical dates. ability to prepare a title commitment and satisfy Schedule B-I title conditions and review Schedule B-II title exceptions. Ability to interact with underwriter to remove title exceptions when necessary. Ability to work with loan closing specialists in preparing loan closing statements and completing other requirements needed for loan closing.
2. Law Knowledge
   • Must have a general knowledge of state and county customs and laws with respect to the real estate transactions
   • Must have understanding of different types of Commercial andresidential purchase / sale contracts such as FAR and FAR/BAR contracts.
   • Must have understanding of commercial purchase and sale contracts and be able to prepare a timeline for same and monitor contract as to said items. Must have an understanding of commercial leases.

1. Title Insurance and Surveys
2. Must have knowledge of title insurance regulations.
3. Must have ability to review and interpret title exceptions.
4. Must have ability to review B-I title conditions and B-II exceptions to title to satisfy conditions and to determine whether the B-II title exceptions encumber the property.
5. Must have ability to prepare title commitment in our system.
6. Must have ability to review surveys and point out encroachments or violations.
7. Must have an expertise in ordering and review title in both residential and commercial transactions.

Any and all other duties as may be required of the job.

REQUIREMENTS:

A real estate law paralegal shall possess an undergraduate degree and a minimum of three years’ experience working as a legal assistant, or shall possess a high school diploma plus formal and extensive training as a paralegal. In addition, the candidate for this position shall have at least five (5) years’ experience working in the real estate law section of a mid-size or large law firm. Must have ability to process a volume of various types of real estate purchase and sale files and loan files simultaneously. Multitasking abilities are required. Strong organizational skills is a must. Must have the ability to keep up to date reports on each file indicating status of file and what is pending. Must have thorough knowledge of state and county customs and laws relating to real estate law, conveying property, title and surveying, condominium and homeowner’s association laws. Must have strong computer skills and have the ability to use outlook calendar system and DoubleTime or Ramquest real estate software.

REQUIRED LICENSES/CERTIFICATION:

High school or college degree with extensive real estate job experience.
Ref#17012