About the Course
Introduction
This CLE webinar will provide real estate counsel with guidance on analyzing due diligence documentation for commercial property sales and offer best practices for spotting the issues that may delay a closing. The panel will discuss appraisal reports, addressing property condition and capital needs assessments, environmental site assessments, and commercial leases.
Description
The red flags during due diligence in a commercial real estate closing can delay or cancel a deal. Counsel must prepare to address the issues and draft the curative documents necessary to move toward closing.
Counsel must evaluate several different types of due diligence documentation. From appraisal reports to environmental site assessments to capital needs, counsel must be aware of the issues that may create delays or drive potential buyers away.
In commercial sales transactions, counsel should also review all leases to confirm terms and expense allocations are consistent with the seller's rent roll and operating statements disclosures, as well as acquire tenant estoppels and SNDAs from the current tenants.
Listen as our authoritative panel provides an overview of the most common issues that arise in due diligence for commercial property sales. The panel will discuss how to analyze those issues in the various documentation and offer best practices for curing those issues.
Presented By
Ms. Spendlove practices in the Real Estate practice group, the Business & Finance practice group, and the Intellectual Property practice group. She represents buyers and sellers in purchasing, selling, leasing, and developing commercial real estate; advises startups and established entities in creating, buying, selling, merging, and maintaining partnerships, limited liability companies, and corporations, as well as entering into a wide range of business contracts. Ms. Spendlove also handles intellectual property issues such as trademarks and copyrights.
Mr. Welch is a partner and Chair of the Real Estate Group, specializing in high-profile real estate transactions for clients in entertainment, advertising, restaurants, and professional services. He handles leases, purchases, sales, construction, and financings of diverse commercial properties such as retail stores, restaurants, and office spaces nationwide. Mr. Welch supports clients throughout their real estate ventures, from starting businesses to acquiring investment properties and personal residences. In addition to his real estate transactions practice, Mr. Welch works with the Frankfurt Kurnit Litigation Group to resolve real estate-related disputes, and with the Frankfurt Kurnit Hospitality Group to provide legal advice to restaurateurs and their business partners.
-
This 90-minute webinar is eligible in most states for 1.5 CLE credits.
-
Date + Time
- event
Friday, March 20, 2026
- schedule
1:00 p.m. ET./10:00 a.m. PT
I. Pre-closing commercial real estate due diligence
A. Appraisal reports
1. Common issues
2. Best means to cure
B. Property inspection
1. Common issues
2. Best means to cure
C. Capital needs assessments
1. Common issues
2. Best means to cure
D. Environmental site assessments
1. Common issues
2. Best means to cure
E. Commercial leases
II. Practitioner takeaways
The panel will review these and other important issues:
- What are common problems that delay closings in appraisal reports? In capital needs assessments? What are best practices for curing these issues?
- What issues in environmental reports, such as a Phase I, will trigger the need to include an environmental attorney?
- When reviewing commercial leases before a sale, which provisions create the most issues that delay closing? How can these be addressed?
Related Courses
Interstate Land Sales Full Disclosure Act: Registration Requirements and Exemptions, Enforcement
Thursday, February 5, 2026
1:00 p.m. ET./10:00 a.m. PT
Discovery Requests in Construction Litigation: Proportionality Arguments and Reasonable Response Time Under Federal and State Rules
Tuesday, March 3, 2026
1:00 p.m. ET/10:00 a.m. PT
