Real Estate Paralegal - Adams and Reese
Jackson, AL 39157
About the Job
Job Summary:
This position assists attorneys in the Transactions practice group researching, and handling real estate matters, closings and post-closing procedures.
Responsibilities:
Supervision Received and/or Given:
Minimum Acceptable Qualifications:
This position requires sitting for long periods of time while operating a computer. At times, employees are required to work in excess of the normal work schedule, particularly during real estate closings. Employees in this position must be mobile, have the ability to bend, and have ability to lift and carry files weighing approximately 10-15 lbs.
This position assists attorneys in the Transactions practice group researching, and handling real estate matters, closings and post-closing procedures.
Responsibilities:
- Receiving requests for title commitments and requesting title reports or certificates of title from abstract companies; receiving and reviewing title reports; drafting title objection letters; analysis of surveys; and drafting title commitments.
- Communicating by telephone, in person and in writing with buyers, sellers, realtors, lenders, appraisers, surveyors, insurance companies, title abstract and title insurance companies, taxing authorities, homeowners associations, attorneys, court personnel, and various other individuals and entities in connection with obtaining all necessary information for commercial real estate transactions.
- Scheduling loan closings and reviewing of closing packets received from mortgage companies; preparation of closing documents, including closing statements, affidavits, tax information statements, payoff letters, representation letters, deeds, assignments of contracts, deeds of trusts, and financing statements; closing binders and disbursement sheets; participation in closings; arranging for deposits of loan proceeds and disbursing all funds; filing of deeds, deeds of trust and UCCs with appropriate authorities; requesting title updates; receiving title updates and issuing title policies, and generally assisting closing attorney with all aspects of transactions, including gathering of preliminary information, ascertaining that closing is conducted in compliance with lender’s, seller’s and buyer’s instructions, and compilation of closing documents upon completion.
- Receiving requests for title updates and requesting same from abstract companies; receiving reports and drafting updated certificates of title or endorsements to title policies to lenders.
- Occasional research of land records.
- Tracking real estate transactions throughout year for purposes of 1099S reporting; completion of 1099 Information Sheets and submission to reporting service.
- Drafting real-estate-related documents, such as notices of foreclosure, lien notices, authorities to cancel, etc.
Supervision Received and/or Given:
- Occasionally work on projects for attorneys other than supervising attorney.
- Work closely with office manager on funds received and disbursed through trust accounts.
- Work on monthly reporting to title insurance companies on policies issued and opening of new files.
Minimum Acceptable Qualifications:
- 5 years prior real estate experience in a law firm or lender setting.
- College Degree
- Paralegal Certificate
- Notary
This position requires sitting for long periods of time while operating a computer. At times, employees are required to work in excess of the normal work schedule, particularly during real estate closings. Employees in this position must be mobile, have the ability to bend, and have ability to lift and carry files weighing approximately 10-15 lbs.
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Source : Adams and Reese