Real Estate Paralegal job description
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What does a Real Estate Paralegal do?
The Real Estate Paralegal plays a crucial role in supporting real estate transactions by assisting in the preparation and management of legal documents. This position ensures compliance with local property laws and provides essential support to attorneys, contributing significantly to the seamless completion of property deals.
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What are the Key Responsibilities of Real Estate Paralegal
- Assist in drafting and reviewing real estate contracts and agreements.
- Coordinate with clients, title companies, and real estate agents to gather necessary documents.
- Conduct title searches and assist in resolving title issues.
- Prepare closing documents and ensure timely execution of property transfers.
- Maintain and organize real estate files and databases effectively.
- Support attorneys in handling litigation related to real estate.
- Facilitate communication between all parties involved in transactions.
- Assure compliance with local, state, and federal real estate regulations.
What are the Skills and Requirements for a Real Estate Paralegal?
- Strong understanding of real estate law and legal documentation.
- Proficient in legal research and property law compliance.
- Excellent organizational and multitasking abilities.
- Attention to detail and analytical skills.
- Effective communication and negotiation skills.
What are the KPIs to track for Real Estate Paralegal?
The Real Estate Paralegal's performance is assessed through the accuracy and timeliness of document preparation, successful resolution of title issues, and the efficiency of transaction coordination with minimal errors.
Document Accuracy
Measure of error-free preparation and review of legal documents.
Transaction Coordination
Efficient management of documents and communication to ensure timely closings.
Issue Resolution
Effective handling and resolution of any title or legal issues.
Reports to
Real Estate Attorney
Collaborates with
Title Companies, Real Estate Agents
Leads
Legal Assistants
Are any specific tools or software required for the Real Estate Paralegal role?
- Clio
- LexisNexis
- Microsoft Office Suite
- Westlaw
- Title Search Software
What is the qualification of Real Estate Paralegal?
Associate or Bachelor's degree in Paralegal Studies or related field, with 3-5 years of experience in real estate law.
