7723. Real Estate Transactions
3.00 credits
Prerequisites: Prerequisite: Property
Grading Basis: Graded
This course will provide students with an understanding of the legal structure and practical issues involved in the purchase and sale, leasing, and mortgage financing of real estate, with the skills learned applied to a simulated real estate development. Transactions will be viewed from the competing perspectives of the parties (i.e., seller-buyer, landlord-tenant, lender-borrower), and will cover all transaction types for commercial properties, as well as the purchase of single-family house. Consideration will be given to the impact of contemporary issues such as climate change, WFH, technology, and social equity on these transactions. Emphasis will be placed on the use of careful drafting to limit transaction risks, and on developing lawyering skills.