General Duties of a Legal Assistant in Real Property

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15/26 EXAMPLES

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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