Real Estate Paralegal
Company: Macerich
Location: Santa Monica
Posted on: September 22, 2024
|
|
Job Description:
Real Estate Paralegal Santa Monica Corporate Office Santa
Monica, California The Position on our Team: The Real Estate
Paralegal assists the Company's legal real estate transactional
attorneys by providing a wide variety of real estate-oriented
paralegal managerial and support functions to a busy real estate
transactional practice. This is a full-time, hybrid role based out
of our Santa Monica Corporate Office. There will be three days
worked in the office and two days with the option to work remotely.
In This Role, You Will: Review existing leases, Reciprocal Easement
Agreements (REAs) and other documents for existing exclusives and
prohibited uses/use restrictions and prepare schedules/exhibits of
same for pad sales and anchor/big box lease transactions. Perform
due diligence reviews of leases and REAs interpreting relocation
rights, repair obligations, options to extend, co-tenancy
obligations, radius restrictions, no-build zones, protected areas,
termination rights, Common Area Maintenance (CAM) language,
exclusive uses and all other rights, remedies and controls of the
parties to the lease and provide written assessments. Draft
template REA and anchor lease amendments, purchase and sale
agreements, Covenants, Conditions, and Restrictions (CC&Rs) and
other legal documents, prepare correspondence, memos and reports.
Prepare critical dates charts for anchor projects; manage critical
dates and deadlines for anchor projects in process. Managing the
Company's process for obtaining title information, including the
following: place title orders, review of title and survey matters,
work with company personnel and third parties (buyers and tenants)
to resolve title and survey issues, and coordinate and facilitate
issuance of title insurance policies; update the legal department
database of title reports, title policies and surveys; prepare
legal description exhibits for use in real estate transactions.
Certain of these functions may be co-managed. Managing inquiries
regarding property ownership, including: research of real property
history and chain of title; confirm and diagram fee and leasehold
property ownership. Managing the process of providing
property-related legal information for due diligence needs in
shopping center sales, including: prepare due diligence lists
(e.g., schedules of key real estate documents) and folders for
shopping center sales, advise and assist asset management in
response to buyer due diligence inquiries, and advise and assist
asset management with preparation of and response to estoppel
certificates. Manage documentation for large transactions;
coordinate execution and delivery of documents; prepare transaction
summaries; prepare and maintain closing binders and organize and
maintain all department files. Handle escrow transactions for
pad/outparcel/excess land sales, including monitoring and
coordinating escrow responsibilities, and preparation of closing
documents and closing instruction letters. Handle and manage, under
real estate attorney guidance, the preparation and/or review and
processing of estoppel certificates, and the due diligence required
for issuance of estoppel certificates, as well as easements, other
simple development related agreements. Catalog development memos
for shopping center malls. Notary or open to becoming a notary. All
other duties as assigned. What You Bring to Macerich: Paralegal
certificate from an ABA approved school is required. Bachelor's
degree preferred but not required. 3+ years of law firm and/or
in-house experience as a real estate paralegal required, with
substantial title and survey expertise preferred. Excellent
computer skills to include MS Office, Adobe Acrobat/Reader,
iManage, Workshare and Redline. All applicants must be able to
perform the essential functions of the position, including
corresponding core job requirements, with or without a reasonable
accommodation. Reasonable accommodations may be made to enable
individuals with disabilities (and others in accordance with
applicable law) to perform the essential functions of the job,
consistent with applicable laws and Company policy. Salary
Estimated compensation for this position is: $80,000 to $110,000
(Annual) + Bonus Eligibility The salary listed is an estimate and
not guaranteed. A salary offer will vary based on applicant
education, experience, skills, abilities, geographic location,
internal equity, and alignment to market data. Why You'll Love
Working with Us: We know our people make us who we are, and we take
pride in recruiting and retaining the best and brightest employees
from all backgrounds. We recognize the value of strengthening our
workforce with diverse thoughts, voices, ideas and people. This
makes our company a rewarding and energizing environment to work
in. As an employee with Macerich, you will also benefit from the
following: Best-in-class benefits with affordable employee
contribution levels. Hybrid work schedule with the ability to work
remotely two days per week. Annual paid time off, including
vacation time, 12 paid holidays and 80 hours of sick time annually.
Savings accounts for your future through 401K and Health Savings
Accounts. Participation in the Company stock program at a discount.
24 paid volunteer hours annually and employer charitable match
benefit. A sense of belonging fostered by wellness, satisfaction,
diversity and inclusion. Why Macerich We create places where people
come together. Macerich is reinventing the retail experience
bringing together the best of shopping, dining, office, multifamily
and experiences to meet the needs of the communities we serve. With
44 properties in some of the most vibrant, bustling cities across
the country from New York to California, Macerich is setting the
bar for transforming retail real estate into our vision for
Regional Town Centers for everyone. Employment Type: Full Time
Years Experience: 3 - 5 years Salary: $80,000 - $110,000 Annual
Bonus/Commission: Yes
Keywords: Macerich, Santa Monica , Real Estate Paralegal, Legal , Santa Monica, California
Click
here to apply!
|