[Remote] Real Estate Paralegal - Dispositions, Sales
Note: The job is a remote job and is open to candidates in USA. Realty Income Corporation aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. They are looking for a Real Estate Paralegal to assist attorneys in providing legal support for property sales and disposition activities, including managing transaction documents and liaising with various teams.
Responsibilities
- Manage and coordinate property dispositions, including interface and correspondence with RIC team members, outside counsel, title company personnel, broker, and buyer principals and counsel; prepare transaction and closing documents and related agreements; manage transaction calendaring and internal database tracking and management in Disposition Central; document filing and retention in SharePoint and Shared Drive; review, analyze and solve property and title issues; assist in post-close turnover of property to buyer; and numerous peripheral activities and tasks as may be needed to understand the property and manage sale issues that are present or arise
- First drafts of Purchase Agreements and Amendments, sale closing documents, tenant correspondence, contract assignments, and myriad other documents related to the property or its disposition
- Prepare transaction reports and other interdepartmental communications
- Various research, analyses, and document preparation and processing (e.g., tax parcel questions, REA’s, title documents, leases or prior leases, easements, restrictions and covenants) as applicable to property dispositions
- Manage identifying and clearing undesirable exceptions from title, including research of issues and outreach to title company, document counterparties and third parties
- Assist with buyer due diligence activities and property access, including significant interface with property management teams
- Monitor active files and follow up on matters; keep internal transactional databases up to date
- Serve as internal liaison with outside counsel for all sale-related matters
- Interface with supervising attorney on legal issues, document preparation, and sale closing
- Perform and obtain numerous internal checks on property condition, sale issues, rent payment, property tax issues, and 1031 exchange issues
- Compile information for the closing settlement statement, manage the preparation of that statement, and review and revise for closing
- Manage sale closings and post-closing file compilation and review
- Serve as notary public pursuant to regulations for appointment of state of residence
- Comply with document retention policy and procedure and conduct quality control of active files for their input into the document retention systems
- Assist attorneys with on-going document retention
- Assist attorneys with corporate records location and retention as needed
- Coordinate and assist with compilation and review of files and documents as needed for internal and external auditing
- Manage transaction information and updates in Disposition Central database
Skills
- 2+ years of relevant and on-point legal experience
- Undergraduate degree from an accredited U.S. university (associate or bachelor's degree or equivalent)
- A paralegal certificate from an ABA-approved school (or equivalent)
- Notary Public is required but may be obtained and maintained after employment
- Combination of education, training, experience, skills and other characteristics that would provide the requisite knowledge and abilities in support of the essential job functions
Benefits
- Potential for bonus and stock awards
- Best-in-class Benefit Package
- Opportunities for Continuing Professional Development
- Monday through Thursday are in-office for collaboration, with the opportunity to work remote on Monday and Friday
- Remote working options may be available
- Healthcare, dental, and vision insurance for employees and eligible dependents
- 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation
- Other wellness, financial, and work/lifestyle-specific benefits
- Generous PTO accrual
- 12 paid holidays
- Paid volunteer time
Company Overview