What are the responsibilities and job description for the Real Estate Paralegal position at Friedman Williams?
About the Company
About the Role
The Real Estate Paralegal works directly with our attorneys providing legal assistance and support in all areas of commercial real estate transactions including title and survey. This full-time position is located in Newark, New Jersey and reports to the Administrative Manager.
Responsibilities
- Manage and coordinate commercial real estate transactions from contract to closing.
- Review commercial title commitments, surveys, zoning reports and environmental reports. Prepare title and survey memos, write title objection letters and respond to title objections.
- Prepare and review real estate documents, including purchase and sale agreements, leases, loan documents, closing checklists, and title and survey review summaries with critical date timelines.
- Work closely with title companies, surveyors and third parties to resolve and clear title objections and obtain the final title policies and endorsements.
- Draft and/or review transactional real estate and loan documents, including deeds, transfer tax forms, affidavits of title, UCC-1 financing statements, collateral descriptions and escrow letters.
- Coordinate closing directly with attorneys, clients, lenders, and escrow/title officers.
- Keep attorneys and clients apprised of upcoming deadlines and critical dates.
- Maintain client confidence by keeping client/attorney information confidential and handling work matters with professionalism.
- Other Duties: Please note this job description is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Qualifications
- Bachelor’s degree and/or Paralegal certificate
Required Skills
- 7 – 10 years of NJ/NY commercial real estate paralegal experience in a law firm.
- Thorough understanding of NJ/NY title and survey, title insurance policies, forms and endorsements, (including ALTA & CLTA endorsements for typical purchase and sale, and loan transactions), NJ bulk sale applications
- Extensive knowledge of real estate terminology and strong understanding of the commercial transactional and financing process.
- Extraordinary attention to detail
- Excellent written and verbal communications skills and problem-solving skills
- Ability to work independently and complete a high volume of work in a timely manner
- Strong technical skills in Microsoft Suite.
- Ability to multitask and manage multiple real estate transactions simultaneously while consistently delivering quality work product to attorneys and clients