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Who should attend Development And Documentation Issues For Condominiums And Planned Unit Developments
This one-day seminar is designed for attorneys, brokers, sales managers, real estate professionals, escrow agents, developers, property managers, home owner and condominium association members, construction lenders, construction professionals, engineers, project managers, surveyors, presidents, vice presidents and paralegals.
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Development And Documentation Issues For Condominiums And Planned Unit Developments  

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This one-day seminar is designed for attorneys, brokers, sales managers, real estate professionals, escrow agents, developers, property managers, home owner and condominium association members, construction lenders, construction professionals, engineers, project managers, surveyors, presidents, vice presidents and paralegals.

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Seminar Summary:

This program will examine key provisions of the relevant agreements, offer ways to improve your drafting skills and provide helpful insights for addressing challenging issues that often arise when preparing the documents. (see full course description)

 
 

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Training Course Syllabus:


As the popularity of common interest communities, such as planned communities, condominiums and urban developments, continue to increase, professionals involved in the development, marketing and operation of these communities must have a solid understanding of the agreements involved in each phase of the community's life-cycle to properly advise their colleagues and clients. This program will examine key provisions of the relevant agreements, offer ways to improve your drafting skills and provide helpful insights for addressing challenging issues that often arise when preparing the documents.

Seminar highlights:

  • Reserves and reserve studies
  • Conversion/engineer reports
  • Oregon Real Estate Agency
  • Special drafting considerations

9:00 a.m. - 12:00 p.m.

(Break 10:30 a.m. - 10:45 a.m.)

I. Initial Considerations

A. Condominium/PUD/Master Association

B. Central City/Suburbs

C. Residential/Office Commercial/Mixed Use

D. Considering The Market

E. Assembling The Development Team

F. Acquiring The Property

G. Development Entities

H. Land Use Considerations/Approvals

I. Leasehold Projects

J. Financing Construction/Purchaser

K. Phasing/Expansion/Contraction

L. Style And Design Of Buildings

M. Common Area And Facilities

N. Parking

O. Maintenance Obligations – Owners v. Association

II. Reserves And Reserve Studies

A. Reserve Study Definition

B. Historical Background Of Reserve Planning

C. Oregon Statutory Requirements

D. Benefits Of A Reserve Study

E. Value Engineering The Reserve Study To Improve Profitability

F. Scheduling And Completing The Reserve Study

III. Conversion/Engineer Reports

A. Statutory Requirement

B. Items To Be Inspected

C. Impact On Budget

D. Upgrading/Repairing Deteriorated Components

E. Contents Of Report

F. Use Of Engineer Reports

12:00 p.m. - 12:15 p.m.

IV. Questions And Answers

12:15 p.m. - 1:15 p.m.

Lunch (On Your Own)

1:15 p.m. - 4:15 p.m.

(Break 2:45 p.m. - 3:00 p.m.)

V. Oregon Real Estate Agency

A. Statutory Role: Condominiums/PUDs/Other Projects (Moorages, Timeshares, etc.)

B. Key Components Of Disclosure Statement

C. Presale/Standard Filings Defined

D. Filing Requirements

E. When Filing Is Considered Complete

F. Common Filing Deficiencies

G. Agency Role Not to Correct

H. Plat Approval

I. Time Considerations

VI. Documents

A. Documents Necessary To Create Project

B. Sales And Related Documents – Warranty Documents

C. Coordination Of Development Team

D. Real Estate Agency Filing

E. Timing Of Work Tasks

VII. Special Drafting Considerations

A. Methods To Determine Percentage Ownership

B. Methods To Determine Obligations For Expenses

C. General v. Limited Expenses

D. Mixed Use Projects

E. Classes Of Directors

F. Boundaries Of Units

G. Special Types Of Units/Parking/Marina

H. Expandable And Contractible Projects

I. Leasehold Projects

4:15 p.m. - 4:30 p.m.

VIII. Questions And Answers

Seminar Summary:

This program will examine key provisions of the relevant agreements, offer ways to improve your drafting skills and provide helpful insights for addressing challenging issues that often arise when preparing the documents. (see full course description)

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