This course will cover areas of law used by commercial real estate lawyers dealing with purchase and sale of improved real estate, management and brokerage contracts, leases of improved commercial real estate, financing of property acquisition, choice of entity for ownership and operation, federal income taxation and ad valorem taxation of real estate. The course will only tangentially deal with residential real estate. Materials to be used will include a traditional textbook supplemented by materials from the sales office.
There are no formal prerequisites. The course will review legal theory in areas of contracts, property, agency, tax and business entities, and apply those areas of law in the context of a transactional business law practice.