The Shannon Gracey Real Estate Section will present a seminar entitled "Texas Real Estate Development from Beginning to End: Identifying and Mitigating the Costs and Risks" on March 24, 2006
Tuesday, January 31, 2006
The Shannon Gracey Real Estate Section will present a seminar entitled "Texas Real Estate Development from Beginning to End: Identifying and Mitigating the Costs and Risks" on March 24, 2006, at the Renaissance Worthington Hotel in Fort Worth, TX in combination with Lorman Education Services. Paul Johnson, Bruce Stockard, Dan White, Cheryl Coon, Marcus Johnson Barbara Kennedy, Mike Huddleston, Pat Remington, and Larry Fowler will speak on the following topics:
- Real Estate Due Diligence
- Different Due Diligence for Raw Land, Improved Land and Incoming Producing Property
- Due Diligence Common to all Real Estate Transactions
- Due Diligence for Improved Real Property Transactions
- Due Diligence for Income Producing Property Transactions
- Lending Issues
- Trends in Lending Requirements
- What is Truly Negotiable for both Parties?
- Standard Financial Covenants and What They Mean
- Title Insurance
- Environmental Law Issues
- EPA's New all Appropriate Inquiry Rules
- MSD's and VCP - Remediation Issues and Update
- Contractual Issues for Environmental Risks
- Choice of Entity and Tax Planning
- Managing Liability Protection Through Specific Entity Choices
- Understanding Federal Income Tax Implications of the Funding, Operation and Exit Strategy of the Development Entity
- Planning for the Current and Possible Future Texas State Franchise Tax Environment
- Flips and Carried Interests: the Developer's Success Fee
- Anatomy of a Purchase and Sale Contract
- Representations, Warranties and Disclaimers
- Remedies, Covenants and Conditions
- Other Often Negotiated Provisions
- Insurance for the Real Estate Development
- A Review of Pertinent Liability Coverages for Critical Players
- A Review of Necessary First-Party Coverages to Protect Property
- Analysis of Related Risk Management Devices, Such as Indemnity, Obligations to Procure Insurance, Allocation among Multiple Carriers and Fronting Arrangements
- Dealing with Governmental Entities
- Texas Platting Law
- Zoning and Land Use Regulations
- Economic Development Incentives
- Ad Valorem Taxes
- The Process at the Appraisal District
- Appealing from the Appraisal Review Board

