The Real estate paralegal (or transactional paralegal) handles all aspects of sales and closings pertaining to real property. This is a position that can be hard to come by for an entry level paralegal.
If this is your interest, try getting an internship with an office that needs this skill set.
Below is a description of some of the duties of a transactional paralegal. It assumes an experience level of at least five years in the field.
Core responsibilities include...
Assist attorneys with closing sales, purchases, leasing, and financing transactions
prepared closing check lists,
order, review and clear titles and surveys,
establish escrow, execution and delivery of closing documentation;
legal research of subject property, title and foreclosure issues;
draft closing documents, deeds, deeds of trust, loan agreements, notes, and estoppel certificates, bills of sale, leases, guarantees, financing statements, affidavits, closing statements, and lien waivers for commercial property;
prepare document summaries and abstracts;
prepare title and closing binders; and
other duties as assigned.
experience with real estate closings including title, survey and some knowledge of general corporate transactions and maintenance including:
restructuring and dissolution of various forms of business entities, such as corporations, LLC's, and partnerships.
handle notice of pendency, first amendment complaints, and settlements.
experience and knowledge of wrongful foreclosure defense and unlawful detainer eviction.;
experience in real estate law with knowledge of consumer/debtor advocacy, predatory lending violations, improper origination, securitization, MERS claims, and quiet title actions.
Personal attributes include...
being a self-starter,
exceptional analytical and organizational skills with great attention to detail,
strong written and oral communication skills,
strong computer skills,
experience drafting, reviewing and editing commercial real estate documents such as leases, purchase and sale agreements, lease amendments
desire to work in an environment that promotes teamwork.
A bachelor's degree and/or a certificate of completion of an ABA approved paralegal program. Alternatively, a declaration meeting State of California Business and Professions Code 6450 requirements is preferred.
The real estate paralegal is offered a competitive salary and benefits including business casual dress, paid parking, 401k and vacation time.>