Real Estate Law: Title due diligence – How to identify and cure title defects

Melanie R. Clark
Melanie R. Clark | Foley & Lardner LLP

Melanie Clark is a partner and Business Law Department attorney with Foley & Lardner LLP. Melanie is based in the Salt Lake City office where she is a member of the firm’s Real Estate Practice Group.

On-Demand: October 11, 2022
Real Estate Law: Title due diligence – How to identify and cure title defects

$195.00 2 hour CLE

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Program Summary

This presentation will describe how to review a title commitment to identify and resolve discrepancies in property ownership and legal descriptions, satisfy conditions imposed by the title company, and remove and clear inapplicable or objectionable title exceptions. The program will provide real world examples and practical tips from both a buyer’s and seller’s perspective.

Key topics to be discussed:

  • Spotting Schedule A Inaccuracies and Errors
  • Satisfying Schedule B-I Requirements
  • Resolving Schedule B-II Exceptions

Date: October 11, 2022

Closed-captioning available

Speakers

Melanie-R.-Clark_Foley-&-Lardner-LLP_myLawCLEMelanie R. Clark | Foley & Lardner LLP

Melanie Clark is a partner and Business Law Department attorney with Foley & Lardner LLP. Melanie is based in the Salt Lake City office where she is a member of the firm’s Real Estate Practice Group.

Melanie’s practice focuses on advising on all aspects of large-scale real estate projects including acquisition and disposition of land, leasing, financing, and project development. Prior to joining Foley, she worked as a partner at another law firm in Salt Lake City. In this role, she provided legal counsel with initial land acquisition, financing, and entitlements to construction completion and operation or sale.

Representative Matters*

  • Represented buyer in negotiating, documenting, and closing on purchase of portfolio with properties in ten jurisdictions, including performing related due diligence review of properties
  • Represented seller in negotiating and documenting sale of twelve restaurant properties
  • Represented various clients in drafting and negotiating leases for office, retail, industrial, and mixed-use premises
  • Represented multiple investors in acquisition of solar project portfolios, including performing due diligence on properties in up to 14 jurisdictions
  • Researched licensing laws in all 50 states and advised on best practices for real estate licensees
  • Prepared declarations of covenants, conditions and restrictions and related governing documents for commercial and residential condominium and subdivision projects
  • Created form purchase contracts for sale of units in condominium hotels
  • Represented multiple developers of fractional interest projects, including preparing project and sales documents and registering projects with state real estate departments. Researched regulatory structure, requirements and penalties in all 50 states for timeshares, exchange companies and short-term vacation products
  • Drafted and negotiated easement and encroachment agreements for residential and commercial properties
  • Obtained zoning approvals for large retailer

*Certain of these matters were handled prior to joining Foley.

Recognition

  • Selected as one of “America’s Leading Lawyers for Business” (Utah) by Chambers USA (currently: Real Estate), 2020–2022
  • Listed among Rising Stars (Real estate), Mountain States Super Lawyers®, 2014–2015, 2017–2019
  • Included in Utah Business Legal Elite, 2020
  • S. J. Quinney College of Law, Adjunct Professor, Real Estate Drafting, Spring 2019–present

Presentations and Publications

  • Co-presenter, “Structuring Your Deal Now to Plan for the Exit 15 Years Later,” 24th Annual Utah Housing Matters Conference (September 2020)
  • “Title Insurance Dissection – Real World Examples,” NBI Seminar, Salt Lake City, Utah (May 2019)
  • “Spotting and Fixing Complicated Title Commitment Issues,” NBI Webinar (January 2019)
  • Co-author, “New Utah Law Prohibits Unequal Treatment for Rental Units by Homeowners Associations”, Ballard Spahr LLP Real Estate Law Blog (May 2015)
  • “Form Based Zoning,” Utah State Bar Annual Convention, Snowmass, Colorado (July 2013)

Education

  • University of Utah, S.J. Quinney College of Law (JD, highest honors, 2007)
  • Executive Editor, Utah Law Review
  • Member, Order of the Coif
  • Utah State University (BS, cum laude, 1999)
  • Vice President, Pi Sigma Alpha
  • Recipient, Merrill Scholarship

Civic Activities

  • Real Property Section CLE Committee, Utah State Bar, 2014–2015

Admissions

  • Utah

Agenda

I. Spotting Schedule A Inaccuracies and Errors | 2:00pm – 2:30pm

II. Satisfying Schedule B-I Requirements | 2:30pm – 3:00pm

Break | 3:00pm – 3:10pm

III. Resolving Schedule B-II Exceptions | 3:10pm – 4:10pm