Real Estate Paralegal

RaceTrac Company Overview

Job Description:

The Real Estate Paralegal’s role is primarily to support real estate attorneys in all aspects of transactional tasks related to acquisition and disposition matters, as well as tasks related to real estate projects from engineering through construction and supporting all needs related to real estate portfolio management.

The day-to-day tasks may include, but are not limited to the following: review of contracts and leases; preparation of critical dates and lease abstracts; review title examinations, surveys, legal descriptions and plats; prepare title and survey objection letters, draft closing documents, including closing statements; drafting easements and various development documents as may be required of the real estate transaction. In addition, the Real Estate Paralegal may be called upon to assist with the review of post-closing documents required to complete post-closing platting, permitting, remodeling projects, and other real estate initiatives. The Real Estate Paralegal, working closely with the real estate attorneys, is a key role of the real estate practice group, often called upon to provide information on key critical dates and deadlines to the internal stakeholders of the various projects under contract.

The Real Estate Paralegal is often required to participate in team meetings to discuss or take notes on the status of various real estate projects.

Responsibilities:

• Creates, organizes, and maintains an electronic legal file for each location to be acquired, sold, or leased.
• Works on a portfolio of real estate projects consisting of purchases, sales and leases across multiple states.
• Responsible for preparing closing binders for each transaction closed.
• Reviews and prepares critical date summaries; sends out critical date email reminders to all internal clients.
• Reviews surveys, legal descriptions, and title examinations and prepares title and survey objection letters for real estate attorney’s review.
• Prepares lease abstracts.
• Prepares transactional documents such as closing documents, easements, amendments, and closing
• statements for real estate attorney’s review.
• Meets the standards of the Service Level Agreement for the Real Estate Practice Group.
• Must communicate effectively and efficiently and keep other team members apprised of the current status of the real estate projects.
• Participates in team meetings to discuss legal project status, title matters, critical dates, and deadlines.
• Serves as a point of communication with the title company to obtain title documents, clear title insurance requirements, and coordinate upcoming closings.
• Works closely with real estate attorneys and other department personnel to assist with issues and conflicts throughout each transaction’s lifecycle (including post-closing).
• Develops and maintains an overall knowledge of the real estate processes, procedures, and documentation requirements within each applicable state.
• May be called upon to assist with post-closing matters related to engineering, environmental or construction requirements.
• May be asked to assist with condemnations, code enforcement liens, and any other real estate related matters, to support real estate and store support operations.

Qualifications:

• Degree from an accredited college or university; paralegal certification preferred.
• 5+ years’ professional experience in commercial real estate closings required.
• Proficient with MS Office Suite (Word and Excel), iManage preferred, Adobe Acrobat.
• Notary Public Certificate is required.

All qualified applicants will receive consideration for employment with RaceTrac without regard to their race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.