Real Estate Paralegal in Rockford, IL| LawFirmStaff

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Title : Real Estate Paralegal

Location : Illinois - Rockford
Refer to Job # ITYU829160


Real Estate Paralegal Duties: The candidate will perform a variety of duties such as, file management in real estate and commercial matters, timely submission of documents, document management in a wide variety of real estate transactions, routine and complex, preparing and updating closing checklists, preparing and reviewing closing documents and escrow instructions; and coordinate closings. Prepare and review basic real estate documents, including estoppel certificates, SNDAs, lease abstracts, memoranda of the lease, affidavits, certificates of trust, deeds and title and closing documents. Prepare for, coordinate and attend closings. Prepare and manage critical date checklists, managing transactions deadlines. Record and file documents in the county real estate records and Minnesota Secretary of State's office. Order and review tract searches, ownership searches, judgment searches, judgment and tax lien searches, and UCC searches. Order and review title commitments, surveys and other underlying title documents, policies and endorsements thereto. Order duplicate tax bills and estimates of redemption; order entity documents such as Certificates of Good Standing, Articles of Formation and certified copies of recorded documents. Prepare/answer title objection letters. Negotiate with title companies and other parties regarding title clearance matters. Prepare and review/analyze mortgages, assignments of mortgage, and related financing documents. Prepare and analyze loan documents and related due diligence materials. Order and review zoning letters and reports. Review due diligence matters. Qualifications: The candidate should have a college degree and/or Paralegal certificate, with work experience as a real estate paralegal. Must have 3+ years of experience as a commercial/transactional real estate paralegal in a law firm environment, performing the noted job duties. General corporate knowledge/experience (i.e. formation and organization of legal entities, filing annual reports, maintaining corporate minute books, filing EIN applications and UCC filings) is a plus. Must have the ability to read and understand legal descriptions, title reports, leases, loan documents, purchase agreements and other contracts. Familiarity with title company forms, escrow instructions, preliminary title searches, easement descriptions, liens and recorded judgments, policies of title insurance and endorsements, trust deeds, and grant deeds. Must be familiar with balancing escrow disbursements. Excellent communication and interpersonal skills required to interact with staff, attorneys, opposing counsel, lenders, title companies, government agencies, and clients on a daily basis. Strong organizational skills and attention to detail are required to handle large volumes of work associated with each case and transaction. Must be able to work effectively in a fast-paced environment.
 
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