This course will expose students to the world of real estate law by following a single complex Massachusetts real estate transaction from beginning to end, specifically the development of a campus for a senior continuing care retirement community and an associated private school, looking at key documents from the perspective of each of the various parties involved, as well as examining some public law issues involved. At the same time, attention will be paid to aspects of various legal skills required to effectuate the transaction, including counseling, negotiation, drafting (both dispositive and explanatory), advocacy, litigation, strategic thinking, and careful organization. The objective will be to provide students with an example of the real life application of some of the basic property law concepts they learned in the first or second year, and also help them to develop some of their practical legal skills.
NOTE: For students who have already taken the basic course in property given by Professors Baker and Fishman, this course will analyze some of the same materials; however, this course also will address such other topics as drafting and negotiation of purchase and sale agreements, loan documents and closings, leasing, and more materials on zoning and permitting. This smaller class will also allow for a more in-depth analysis of all materials and more class participation through drafting and negotiation exercises. Class is limited to 20 students.
The class grade will be based upon a combination of class assignments and exercises during the semester, including such skills as drafting and negotiation, as well as a short final examination at the end.
is limited: 20
<<Course Updated: January 10, 2012>>