Structuring Opinions of Counsel in Real Estate Finance TransactionsRead Time: 1 min
Commercial real estate loan transactions secured by real estate are often conditioned upon a third-party opinion letter which provides the opinion giver’s professional judgment on a range of legal issues. Opinion letters can present potential liability for the provider, but certain assumptions and qualifications, as well as client certificates as to factual matters, can be employed to limit counsel’s exposure.
Member Marshall Grodner (Baton Rouge) is co-presenting a Strafford Webinar, “Structuring Opinions of Counsel in Real Estate Finance Transactions,” on May 31, 2023. This Continuing Legal Education (CLE) course will prepare counsel to draft third-party opinions for real estate finance transactions. The panel will cover the opinions required, including authority, enforceability, and property-related opinions, and the assumptions, limitations, and qualifications that counsel should include to limit exposure.