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Representations and Warranties in Commercial Real Estate Sales Contracts: Buyer and Seller Perspectives
June 1 @ 10:00 pm
June 01, 2022 | 1:00 PM EDT | USA
When negotiating and drafting commercial real estate sales contracts, the purchaser and seller must anticipate and mitigate potential risks associated with the deal.
Risks may include environmental conditions impacting the property, title and survey issues, zoning concerns, lease and tenant issues, building code violations, and potential condemnation or other proceedings.
Skillfully negotiated representations, warranties, and remedies for breaches can protect the buyer, while the seller’s objective is to limit the scope and survival of representations and warranties.
Listen as our authoritative panel of real estate practitioners provides strategies for buyers’ and sellers’ counsel negotiating representations and warranties and other key provisions in commercial real estate purchase agreements. The panel will discuss best practices for buyers and sellers to identify and allocate risks when closing a real estate deal.