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Job Description
JOB TITLE: Commercial Attorney
REPORTS TO: Director, Commercial Services
JOB SUMMARY
Our Commercial Attorney is one who has a minimum of 10 years of industry related experience including 5 years of commercial related experience. H/She understands commercial escrow standards, title clearance, commitments to insure, title insurance policies with affirmative and/or extended coverages and endorsements, real estate regulations and guidelines, and legal and commercial loan document preparation and will conduct business development in coordination with the division Director.
DUTIES & RESPONSIBILITIES
- Conducts closings related to commercial transactions
- Drafts documents related to commercial transactions including purchase and sale agreements and asset purchase agreements and financing documentation
- Participate in negotiations related to commercial transactions
- Drafts and/or reviews settlement statements related to commercial transactions
- Review title searches, revise title commitments, prepare endorsement requests and approvals related to commercial transactions
- Handles title issues related to commercial transactions including clearance and underwriting questions
- Participates in establishing company title guidelines
- Assist in title review and underwriting for Company non-commercial transactions when requested
- Assist in training for Company in title and closing issues related to commercial transactions or otherwise as requested
- Become proficient in all Company software
- Perform other duties as assigned by supervisor
QUALIFICATIONS
EXPERIENCE
Minimum of 10 years of industry related experience including 5 years of commercial related experience.
EDUCATION
Juris Doctorate (JD) from an accredited law school
CERTIFICATIONS, LICENSES, INSURANCE
Applicable state licensure to practice law. Must be a notary public. Completion of the ALTA “Understanding Commercial Transactions” will be required prior to or withing 90 days of employment
KNOWLEDGE
An in depth understanding of commercial real estate title and settlement process.
SKILLS
- Ability to multi-task and work files proactively and in anticipation of strict contract timelines and/or changes
- Ability to thrive and produce a heavy workload under pressure
- Adaptable: displays the capability to adapt to new, different, or changing requirements
- Attentive to details
- Business fundamentals: recognizes the importance of maintaining privacy and confidentiality of company information, as well as that of customers and co-workers, and complies with intellectual property laws
- Critical thinking: uses logical thought processes to analyze and draw conclusions
- Customer focused: is pleasant, courteous, and professional when dealing with internal and external customers or clients
- Dependable and reliable: displays responsible behaviors at work
- Initiative: demonstrates a willingness to work and seeks out new work challenges
- Integrity: treats others with honesty, fairness, and respect
- Planning and organizing; plans and prioritizes work to manage time effectively and accomplishes assigned tasks
- Problem solver: demonstrates the ability to apply critical thinking skills to solve problems by generating, evaluating, and implementing solutions
- Professional: maintains a professional demeanor at work
- Reading: understands written sentences and paragraphs in work-related documents;
- can apply what is learned from written material to work situations
- Respectful: works effectively with those who have diverse backgrounds
- Team player: demonstrates the ability to work effectively with others
- Technology: uses information technology and related applications to convey and retrieve information; demonstrates strong computer/typing skills in Microsoft Office, email programs, and internet browsers
- Telephone skills, including a pleasant phone voice and etiquette
- Verbal communication: maintains open lines of communication with others
- Writing: uses standard English to clearly communicate thoughts, ideas, and information in written form
ESSENTIAL JOB FUNCTIONS (including physical requirements)
This position requires repetitive use of a keyboard, bending, sitting, squatting, and simple grasping.
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