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Real Estate Transaction Process

This class is designed to teach students about the transaction process for three different common real estate transaction types – (1) purchase and sale, (2) lease and (3) loan. The class begins by identifying the typical stages of a real estate transaction and explaining how those stages vary depending upon the type of real estate transaction. The course then describes the transaction process and the specific stages of each of a purchase and sale, loan, and lease transaction. Next, the class defines what the “closing” is in each type of real estate transaction and the specific types of documents that should be listed on a closing checklist. The course then reviews the role of a junior attorney in each of the various transaction processes, including the closing stage. The class then discusses the items that may need to be completed or monitored after the transaction has closed.

Training courses associates and partners love and law firms need.

Upon completion of this course, participants will be able to:

  • Identify the typical stages  of a real estate transaction and how those stages vary depending upon the type of real estate transaction.
  • Describe the different ways a real estate transaction can be financed.
  • Understand the junior attorney’s role in the transaction process and, specifically, the closing process.
  • Articulate the typical closing obligations and responsibilities of the various parties and recognize the types of ancillary documents typically required in a purchase and sale, loan, and lease transaction, and the potential post-closing obligations relevant to each
  • Prepare a closing checklist

The AltaClaro Difference

Effective Learning with ROI--Backed by Education Science

Step 1: Learn

Learn at your own pace, absorbing lessons in short, easily digested segments led by experienced practitioners.

Step 2: Do

Apply what you've learned to solve real-world client scenarios, using transaction documents derived from actual deals.

Step 3: Review

Deepen your learning in virtual review sessions with an experienced practitioner. Review model answers and ask questions.

Class Content Overview

Course Details

2 CLE Credits is available for each course.
Simulation Exercise: Students are presented with a real estate investment client that owns a
medical office building. The client has entered into a purchase and sale agreement to sell the
building. Students are asked to work on the following tasks: review the sample purchase and sale
agreement and prepare a closing checklist.

Instructors Who Practice What They Teach

Our vetted instructors are global practitioners with outstanding professional and educational qualifications and demonstrated achievement in their fields. All have 10+ years Big Law experience.

In addition to their accomplishments as practitioners, our instructors are also passionate about teaching. We carefully interview instructor candidates to assess personality, domain expertise and effectiveness in the classroom. Our instructors must maintain a 4.5 out of 5 rating from students.


Our Trusted Network of the World’s Leading Law Firms

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Praise for Our Legal Instructors

“Doug was very engaging, which was helpful and kept the review session moving.”
AM Law 200 Firm
“John had deep subject matter insight. It was an excellent class.”
AM Law 200 Firm
“Hellen did a fantastic job at meeting us at our experience level ...great war stories and practical tips.”
AM Law 200 Firm
“I really enjoyed this live session. The instructor did a great job: he seemed both well-prepared and he was genuinely engaging.”
AM Law 200 Firm
“Mick didn't just walk through the corrections but the thought process behind each change and how it would effect/protect the client.”
AM Law 200 Firm
“The instructor was great and had a lot of great insights to share.”
AM Law 200 Firm

Class material is 100% online, accessible by all standard web browsers. Use your desktop, laptop, tablet, or smartphone--your progress will by synced across all devices.


The class is fully asynchronous. Do the work at your own pace, turn in your assignment when you're ready, and get instant feedback via model answers and video review sessions.


Learn with dynamic, interactive modules that keep you engaged in active learning using a variety of learning modes.


Includes practical assessments throughout the class, plus a capstone assignment where you apply your skills in the context of a real-world matter.

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