1 hr

Insuring the Transaction - Navigating Insurance Issues in Leases & Loan Documents The Latest on the Law: Updates from the Boston Bar

    • Education

Insurance requirements in real estate documents are sometimes glossed over by transactional lawyers. However, this language is critical to the indemnification and other risk allocation goals of the parties, and miscommunications between clients regarding insurance requirements can lead to delays in closing dates and other deadlines. This program will walk attendees through common insurance issues that could arise in a hypothetical “soup to nuts” commercial transaction in which a property owner negotiates a commercial lease with a new tenant, and then turns around to finance the property with a bank. Panelists from an insurance agency will provide an insider’s perspective on key provisions and the underwriting process, and a real estate litigation attorney will advise on traps for the unwary.  (3/30/23)
Questions? Inquiries about program materials? Contact Alan I. Johnson at ajohnson@bostonbar.org

Insurance requirements in real estate documents are sometimes glossed over by transactional lawyers. However, this language is critical to the indemnification and other risk allocation goals of the parties, and miscommunications between clients regarding insurance requirements can lead to delays in closing dates and other deadlines. This program will walk attendees through common insurance issues that could arise in a hypothetical “soup to nuts” commercial transaction in which a property owner negotiates a commercial lease with a new tenant, and then turns around to finance the property with a bank. Panelists from an insurance agency will provide an insider’s perspective on key provisions and the underwriting process, and a real estate litigation attorney will advise on traps for the unwary.  (3/30/23)
Questions? Inquiries about program materials? Contact Alan I. Johnson at ajohnson@bostonbar.org

1 hr

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