About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

16 Prac. Real Est. Law. 3 (2000)

handle is hein.ali/prel0016 and id is 1 raw text is: THE PRACTICAL
REAL ESTATE
LAWYER

JANUARY 2000
VOLUME 16/NUMBER 1

Published by The American Law Institute-American Bar Association
Committee on Continuing Professional Education six times a year

Maximizing the Benefits
of Local Counsel
By  Bruce Castle .................................. page 9
Local counsel can be critical to the success
of a real estate transaction. In dealing with
local counsel, two-way communication and
courtesy
Real Estate Options:
Using Them and Losing Them (Part 2)
(with Sample Clauses)
By Harris Ominsky .......................... page 17
Real estate options can be an essential fea-
ture of the commercial real estate lease and
an advantageous alternative to installment
sale contracts. But real estate options pose
many subtle issues that require recognition
and resolution.
Common Sense Strategies To Avoid
Construction Litigation
By Jeffrey Weinstein ......................... page 29
Avoiding costly and time-consuming litiga-
tion requires constant cooperation and com-
munication among the parties, and the abil-
ity to spot problems early, before they esca-

late into litgation. In this article, a construc-
tion manager who doubles as an expert wit-
ness in litgation gives an insider's view on
how to avoid the courtroom.
Working with Escrow
Agreements (with Form)
By  Earl L. Segal ............................... page 35
Escrow agreements are used in a broad
variety of real estate transactions; therefore,
they must be crafted with care with particu-
lar attention to the unique features of the
underlying transaction. But by using a sim-
ple five-step analysis, you should be able to
recognize the important issues to be dealt
with in the agreement.
Handling Assignment Clauses in
an Age of Chameleon Entities
(Part 3) (with Sample Clauses)
By Richard M. Frome ............................ page 49
The standard lease clauses governing the
tenant's right to merge, reorganize, or con-
solidate have woeful inadequacies. As with
most clauses, it is best to allow flexibility
while tailoring the clause to the situation at
hand.

The forms and Practice Checklists in each issue of The Practical Real Estate Lawyer are avail-
able on 3.5-inch floppy disks. For more information or to order, call 1-800-CLE-NEWS.    I

Programs, Publications,
and Playbacks ...................................... 5
Groundbreakers ...................................... 6

ALI-ABA Real Estate Calendar ............. 8

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most