Real Estate Law Clerk

19 hours ago

Toronto, Ontario, Canada Loopstra Nixon LLP Full time

We are currently seeking an experienced Real Estate Law Clerk to join our Downtown office. As a member of our dynamic team, the successful candidate will offer crucial support to our lawyers, offering crucial support to our Banking & Financial Services department. We are looking for a dedicated professional with a keen eye for detail, a strong understanding of mid-market lending procedures and at least 3 years of experience in a similar position.

What You Will Be Doing

  • Draft and review loan documentation, including security documents, registrations, and bank specific documentation.
  • Conduct due diligence checks such as real property PIN search, PPSA, bankruptcy, and writ searches, and prepare reports on findings.
  • Manage loan closing processes, coordinating with all parties involved to ensure compliance with terms and timely disbursement of funds.
  • Register and manage PPSA liens, ensuring that all lender security interests are perfected.
  • Register mortgages, assignment of rents, and related documentation on title.
  • Liaise with borrowers' lawyers, reviewing and completing necessary documentation such as private mortgages, deeds, discharges, and notices.
  • Prepare and submit final lender reports and handle post-closing tasks, including the release of security interests and amendments to loan agreements.
  • Maintain positive client relationships, addressing client instructions, requests, and expectations promptly.
  • Maintain and organize a list of ongoing files and status updates.

Qualifications

  • Minimum of 3 years' experience in a Commercial Real Estate, Commercial Lending or Banking Law Clerk role.
  • Law Clerk diploma from an accredited college or completion of the Institute of Law Clerks of Ontario Certification.
  • Strong knowledge of relevant legislation, including Land Titles Act, PPSA, OBCA, CBCA, and others pertinent to banking practice.
  • Excellent verbal and written communication skills with a keen attention to detail.
  • Excellent organizational skills.
  • Proven ability to work independently as well as part of a team, with the ability to take initiative in a fast-paced environment.
  • Proficiency in Microsoft Office Suite (Excel/Outlook/Word).

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