Senior Commercial Real Estate Paralegal

4 weeks ago

Surrey, British Columbia, Canada Arlyn Recruiting Full time

Commercial Real Estate Paralegal Role

Arlyn Recruiting is partnering with a top law firm to find an experienced Commercial Real Estate Paralegal to join their team. This role is integral to the management and organization of residential development closings and other commercial real estate transactions.

Key Responsibilities:

  • Organize and manage residential development closings, including maintaining trust balances for deposits, creating Excel datasheets, preparing developer information packages, and collecting and managing closing documents for each strata lot.
  • Prepare and draft all legal documents, correspondence, and accounts required for the completion of real estate transactions, including reviewing purchase and sale contracts.
  • Liaise with clients, financial institutions, counsel, and other external parties as needed.
  • Monitor critical dates and prepare closing agendas and/or compile checklists.
  • Conduct and review title due diligence searches, titles, plans, and name searches.
  • Draft comprehensive reporting letters to clients on all title and due diligence matters.
  • Review tenancy agreements, service contracts, mortgages, and other documents to be used on closing.
  • Draft transactional purchase and sale documents, including Form A Transfers, beneficial transfers, bare trust documents, notices, and directions, directors' and shareholders' resolutions, property transfer tax returns, and assignment agreements.
  • Draft complex statements of adjustments after reviewing property tax notices, rent rolls, lease agreements, financial statements, and service contracts.
  • Draft all correspondence on file, including undertakings, and communicate with clients, property managers, surveyors, realtors, municipal offices, land title staff, agents, and lawyers.
  • Liaise with lender's lawyers, review commitment letters, and preconditions to funding, and arrange for and follow up on the delivery of required documents.
  • Attend to electronic filing of transaction documents in the land title office, dealing with agents, and arranging meetings with other lawyers.
  • Manage closing transactions, including the receipt or payout of funds, clearing title post-closing, follow-up, and drafting final reporting letters and closing document books.
  • Handle all related reporting and billing.
  • Perform other duties as required.

Requirements:

  • 5+ years of experience as a real estate paralegal with a focus on land development.
  • Strong ability to prioritize and handle a high volume of work in a fast-paced environment.
  • Ability to run files from start to finish independently.
  • Strong computer skills with proficiency in relevant software.
  • Exceptional attention to detail and organizational skills.
  • Strong oral and written communication abilities.
  • Good analytical and problem-solving skills.

About Arlyn Recruiting:

Arlyn Recruiting partners with top law firms across Canada to help you secure an ideal opportunity based on your education, skills, and career ambitions. Apply today through our website or email your resume directly to us. Our service is 100% free and confidential for job seekers. Let us support your success through our experience, knowledge, and strong relationships.

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