Most Important Aspects of Drafting Real Estate Operating Agreements (2025 Edition)

Ross Pitcoff
Ross Pitcoff
Pitcoff Law Group P.C.

Ross Pitcoff is a highly skilled business and commercial litigator with over a decade of experience. Renowned for his strong courtroom presence and ability to simplify even the most intricate legal scenarios, Ross is dedicated to securing favorable outcomes for his clients.

Sarah Barickman
Sarah Barickman
Pitcoff Law Group P.C.

Ms. Sarah Barickman, a seasoned legal luminary, stands as an embodiment of excellence and experience in the realm of litigation. Celebrated for her unwavering dedication, strategic acumen, and steadfast commitment to justice, Sarah’s journey from humble beginnings to her recent promotion to Partner at Pitcoff Law Group, after serving as a Senior Litigation Attorney, is truly inspirational.

Live Video-Broadcast: March 25, 2025

2 hour CLE

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Program Summary

This course provides a synopsis of the most important aspects of drafting real estate operating agreements. This program will provide attorneys with practical advice regarding how to advise and assist clients wanting to form a real estate limited liability company and walk you through how to draft real estate operating agreements and discuss related legal issues.

Key topics to be discussed:

  • How to determine whether an LLC is the appropriate entity for your client
  • Determining whether your LLC will be a member or manager managed
  • Drafting dispute resolution provisions
  • Drafting capital contribution provisions
  • Drafting real estate profit distribution provisions
  • Maximizing personal asset protection through the LLC
  • Tax implications and how to maximize tax benefits

Date / Time: March 25, 2025

  • 1:00 pm – 3:10 pm Eastern
  • 12:00 pm – 2:10 pm Central
  • 11:00 am – 1:10 pm Mountain
  • 10:00 am – 12:10 pm Pacific

Closed-captioning available

Speakers

Ross Pitcoff | Pitcoff Law Group P.C.

Ross Pitcoff is a highly skilled business and commercial litigator with over a decade of experience.

Renowned for his strong courtroom presence and ability to simplify even the most intricate legal scenarios, Ross is dedicated to securing favorable outcomes for his clients.

Moreover, his strategic approach, combined with unwavering advocacy, ensures that clients receive exceptional representation tailored to their unique legal challenges. In addition, his commitment to client success consistently drives results.

Consequently, clients benefit from a legal partner who is both effective and compassionate. Not only does Ross focus on achieving results, but he also prioritizes open communication, allowing clients to feel informed and confident at every stage.

Legal Expertise & Accomplishments

Ross’s legal career is distinguished by his focus on complex business disputes. Specifically, his practice areas include business divorce, partnership disputes, breach of contract, fraud, and alternative dispute resolution. Notably, he is admitted to practice in both the Southern and Eastern Districts of New York, which allows him to navigate local and federal courts with ease. Furthermore, as a graduate of the prestigious Fordham University School of Law, Ross applies his legal acumen to consistently deliver favorable outcomes in high-stakes cases. As a result, clients benefit from his ability to break down complex legal issues, ensuring they approach their cases with clarity and confidence.

Additionally, his proactive communication keeps clients informed at every stage, allowing them to make well informed decisions throughout the legal process.Therefore, clients not only gain a legal advocate but also a strategic partner who anticipates potential challenges and prepares accordingly.For this reason, many clients return to Ross for ongoing counsel, knowing they are in capable hands.

Comprehensive Legal Support for Businesses

Ross’s commitment to client success extends far beyond the courtroom. In addition to litigation, he provides comprehensive legal counsel to businesses at every stage of growth. Whether clients need assistance with entity structuring, drafting shareholder or operating agreements, overseeing business acquisitions, conducting internal investigations, or negotiating and reviewing contracts, Ross offers tailored solutions to address their unique needs.

Consequently, clients benefit from his holistic approach, which not only helps prevent potential legal challenges but also addresses disputes proactively and efficiently. Furthermore, his transparent communication ensures clients remain well-informed throughout the legal process. By fostering open dialogue and maintaining clear expectations, Ross creates an environment where clients feel confident and supported.

Therefore, businesses working with him can focus on growth, knowing their legal matters are in capable hands. In addition, his thorough understanding of business operations allows him to align legal strategies with clients’ broader goals, ensuring long-term success.

 

Sarah Barickman | Pitcoff Law Group P.C.

Ms. Sarah Barickman, a seasoned legal luminary, stands as an embodiment of excellence and experience in the realm of litigation.

Celebrated for her unwavering dedication, strategic acumen, and steadfast commitment to justice, Sarah’s journey from humble beginnings to her recent promotion to Partner at Pitcoff Law Group, after serving as a Senior Litigation Attorney, is truly inspirational.

Born with a thirst for knowledge and a passion for justice, Sarah Barickman’s path to legal prominence began early. Her formative years were marked by an insatiable curiosity and a relentless pursuit of excellence.

Fueled by her innate drive, she embarked on her academic journey at American University, Washington College of Law, where she graduated cum laude in 2002. Her time at the institution not only solidified her legal foundation but also laid the groundwork for a career defined by remarkable achievements. Fresh out of law school, Ms. Barickman’s ambition and commitment caught the attention of the legal community.

She was selected as the Law Clerk to the Honorable Gregory L. Frost, a respected United States District Court Judge for the Southern District of Ohio. This formative experience under the mentorship of Judge Frost exposed her to the inner workings of the judicial system and provided her with invaluable insights into the intricacies of legal practice.

Her tenure as a law clerk cemented the importance of integrity, diligence, and meticulous attention to detail in her approach to law.

Emerging from her clerkship, Ms. Barickman’s journey into the world of litigation began in earnest. She joined the esteemed litigation boutique, Hoguet, Newman, Regal & Kenny, LLP, located in the heart of Manhattan, New York. Here, she honed her litigation skills, navigating complex commercial and employment disputes with finesse. Her dedication to her craft and her ability to dissect intricate legal puzzles earned her a reputation as a rising star within the firm.

Seeking to broaden her horizons, Sarah Barickman embarked on a journey that would take her across the nation, exposing her to diverse legal landscapes. Joining Am Law Top 100 Law Firms being the next logical step in her remarkable journey. She joined Venable LLP in Washington, DC, where she delved into general commercial litigation, further expanding her repertoire of legal expertise.

Her unyielding commitment to clients, combined with her strategic thinking, made her an asset in the ever-evolving legal landscape.

In a defining chapter of her career, Sarah Barickman made her mark in the sunshine state of Florida, practicing employment law and general commercial litigation at BakerHostetler LLP in Orlando. This period witnessed the crystallization of her multifaceted legal prowess. She navigated the complexities of employment law with a keen understanding of the nuances involved, ensuring that her clients were well-equipped to handle the dynamic challenges of the business world.

Leveraging her extensive experience and profound understanding of litigation, Sarah Barickman joined Pitcoff Law Group as a Senior Litigation Attorney, and now, as a Partner, she continues to excel. Here, she brings her diverse litigation background to the table, offering clients invaluable insights and strategic guidance. Her role extends beyond courtroom battles; she serves as a trusted advisor, helping clients preempt potential legal issues and providing comprehensive support throughout the litigation process.

Barickman’s approach is marked by an unwavering dedication to achieving justice and a commitment to guiding her clients with precision and empathy. Ms. Barickman’s journey through the legal profession embodies the ideals of dedication, perseverance, and the relentless pursuit of excellence.

From her early years of education to her formative experiences under esteemed judges and her contributions to prestigious law firms, she has consistently demonstrated a profound commitment to her craft and her clients. Her legacy continues to grow as she stands at the forefront of the legal landscape, guiding individuals and businesses through the complexities of litigation with wisdom and grace.

Sarah Barickman reaffirms her place as a trailblazer within the legal system.

Agenda

I. How to determine whether an LLC is the appropriate entity for your client | 1:00pm – 1:15pm

II. Determining whether your LLC will be a member or manager managed | 1:15pm – 1:30pm

III. Drafting dispute resolution provisions | 1:30pm – 1:45pm

IV. Drafting capital contribution provisions | 1:45pm – 2:00pm

Break | 2:00pm – 2:10pm

V. Drafting real estate profit distribution provisions | 2:10pm – 2:30pm

VI. Maximizing personal asset protection through the LLC | 2:30pm – 2:50pm

VII. Tax implications and how to maximize tax benefits | 2:50pm – 3:10pm

Credits

Alaska

Approved for CLE Credits
2 General

Our programs are CLE-eligible through Alaska’s recognition of multi-jurisdictional reciprocity.
Alabama

Approved for CLE Credits
2 General

Arkansas

Approved for CLE Credits
2 General

Arizona

Approved for CLE Credits
2 General

California

Approved for CLE Credits
2 General

Colorado

Pending CLE Approval
2 General

Connecticut

Approved for CLE Credits
2 General

District of Columbia

No MCLE Required
2 CLE Hour(s)

Delaware

Pending CLE Approval
2 General

Florida

Approved via Attorney Submission
2.5 General

Receive CLE credit in Florida via attorney submission.
Georgia

Pending CLE Approval
2 General

Hawaii

Approved for CLE Credits
2.4 General

Iowa

Pending CLE Approval
2 General

Idaho

Pending CLE Approval
2 General

Illinois

Pending CLE Approval
2 General

Indiana

Pending CLE Approval
2 General

Kansas

Pending CLE Approval
2 Substantive

Kentucky

Pending CLE Approval
2 General

Louisiana

Pending CLE Approval
2 General

Massachusetts

No MCLE Required
2 CLE Hour(s)

Maryland

No MCLE Required
2 CLE Hour(s)

Maine

Pending CLE Approval
2 General

Michigan

No MCLE Required
2 CLE Hour(s)

Minnesota

Pending CLE Approval
2 General

Missouri

Approved for CLE Credits
2.4 General

Mississippi

Pending CLE Approval
2 General

Montana

Pending CLE Approval
2 General

North Carolina

Pending CLE Approval
2 General

North Dakota

Approved for CLE Credits
2 General

Our programs are CLE-eligible through North Dakota’s recognition of multi-jurisdictional reciprocity. Section 1, Policy 1.14
Nebraska

Pending CLE Approval
2 General

myLawCLE reports attendance to Nebraska on each attorney’s behalf for all programs. Please do not self-report.
New Hampshire

Approved for CLE Credits
120 General

As of July 1, 2014, the NHMCLE Board no longer provides pre- or post-approval of courses. Attendees must self-determine whether a program is eligible for credit, and self-report their attendance online at www.nhbar.org, based on qualification provisions of Rule 53.
New Jersey

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New Jersey’s recognition of multi-jurisdictional reciprocity, except for the courses required under BCLE Reg. 201:2
New Mexico

Approved for CLE Credits
2 General

Nevada

Pending CLE Approval
2 General

New York

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New York’s Approved Jurisdiction Group “B”.
Ohio

Pending CLE Approval
2 General

Oklahoma

Pending CLE Approval
2.5 General

Oregon

Pending CLE Approval
2 General

Pennsylvania

Approved for CLE Credits
2 General

Rhode Island

Pending CLE Approval
2.5 General

South Carolina

Pending CLE Approval
2 General

South Dakota

No MCLE Required
2 CLE Hour(s)

Tennessee

Approved for CLE Credits
2 General

Texas

Approved for CLE Credits
2 General

Utah

Pending CLE Approval
2 General

Virginia

Not Eligible
2 General Hours

Vermont

Approved for CLE Credits
2 General

Washington

Approved via Attorney Submission
2 Law & Legal

Receive CLE credit in Washignton via attorney submission.
Wisconsin

Pending CLE Approval
2.4 General

West Virginia

Pending CLE Approval
2.4 General

Wyoming

Pending CLE Approval
2 General

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