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General Duties of a Legal Assistant in Real Property Example
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Draft and review easements Draft and review permits Draft Truth-in-Lending Disclosure statements Maintain current records regarding CPI, APR, Federal Reserve rate and residential/commercial interest rates Perform financial calculations (amortization, present and future value, discounting, APR) Prepare transaction books Organize recording procedures for large-scale recording and prepare draft of opinion letters Draft registrations of recreational subdivisions for federal registrations Draft subdivision, condominium and timeshare registrations for in-state and out-of-state registrations General Duties of a Legal Assistant in Real Property Draft escrow instructions and preliminary closing statements Order and review title reports including review of underlying encumbrances and exceptions and endorsement requests Draft security agreements Draft UCC filing, continuations, amendments, extensions, and terminations Draft purchase and sale agreements, letters of intent, earnest money agreement and addenda Draft leases, assignments, extensions, amendments Draft notes, mortgages and contracts of sale Draft trust, warranty, bargain and sale and other deeds Review surveys and run out legal descriptions to calculate acreage/square footage, locate easements and determine actuary and adequacy of descriptions Obtain and analyze appraisal information based on market, income and cost approaches Check and review zoning and comprehensive plan designations; obtain letters on designation as closing requirement Obtain lien waivers and certificates of completion for mew construction Review and analyze abstracts of title and chain of title to draft title opinions Review BLM and county records to determine validity of hard rock mineral claims Analyze conveyance, security and lease documents Prepare closing memoranda and organize/manage complex closings Review loan pay off documentation and coordinate disbursement of loan proceeds Review closing statements and documents prepared by escrow officer Research county records to develop abstracts of title maintain current zoning ordinances, comprehensive plans, real estate-related form file, and computer databases Research state laws relation to conveyancing, recording and financial statements Obtain real and personal property tax information for proration and inpreparation for appeals to Board of Equalization and Department of Revenue Perform/order UCC and litigation searches at county or state level Review title policy, insurance policy, closing statement and other closing documents after closing and request corrections/revisions Obtain canceled note, deed of trust, releases and recorded original documents