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.
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
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.
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.
Instructors Who Practice What They Teach
x-Bryan Cave Leighton Paisner
x-White & Case; x-Orrick
x-Baker McKenzie; x-White & Case
Global Head of Tech Transactions, Uber; x-Disney; x-O’Melveny; x-Weil Gotshal
Head of Experiential Learning, AltaClaro; x-Akin Gump; x-Clifford Chance
x-Sidley; x-Allen & Overy
x-Weil Gotshal; x-Cadwalader
x-Baker McKenzie, x-Morrison & Foerster
Partner, Waldrep Wall
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Interested in this Class?
Our master classes are delivered in an experiential "bootcamp" framework. Students participate in small cohorts that go through the learning materials, assignments, and live review sessions together with experienced practitioner-instructors.
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