The Vendor is required to provide real estate attorney services for include:
• Serve as outside counsel with respect to a commercial real estate transaction, including identifying and advising on legal and financial risks associated with an anticipated real estate acquisition
• Review and advise on title commitment and associated documents, including any easements, liens, and other encumbrances or defects and recommend endorsements as needed
• Review and advise on matters relating to zoning, land use, and permitting requirements and upon request, assist in obtaining zoning variance(s)
• Review environmental assessments, surveys, and inspection reports and advice regarding same
• The event a prospective property has tenants, review underlying lease agreements and negotiate amendments as needed
• Draft, negotiate, and review documents as may be necessary to facilitate the transaction including, but not limited to, a purchase agreement, lease amendments, escrow agreements, deed(s), financing documents, and closing documents
• Legal support during closing and post-closing
• At the request of board, attend board meetings as might be necessary throughout the course of the transaction
• Not to exceed 225 hours of work.
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