Strategies for Ensuring a Smooth Closing LSUC – Commercial Real Estate Transactions 2016 September 13, 2016

How to Ensure a Smooth Closing Main themes Identify closing items and issues Minimize last minute surprises Planning Who is doing what and when Organization Use your closing agenda

How to Ensure a Smooth Closing  Specific Strategies Know your Agreement/Deal Closing Agenda Third Party Deliverables Closing Documentation Communication Post-closing Items

How to Ensure a Smooth Closing – Best Practices Know your Agreement/Deal Re-review the major transaction documents Identify what needs to get done Closing Agenda Get Organized Comprehensive and Detailed Circulate your Closing Agenda

How to Ensure a Smooth Closing – Best Practices Third Part Deliverables Identify ASAP Examples Tenant Estoppels, no-interest letters, Discharges, Lender Requirements, Governmental approvals Plan and follow up Closing Documentation Don’t renegotiate unless necessary Don’t wait

How to Ensure a Smooth Closing – Best Practices Clear and Constant Communication Client: SOA, Funds, Signatories and other client Closing Items Opposing Counsel: Responsibility and Closing Day Items Post-Closing Items Examples: LTT filings, Discharges, Post-Closing Works, Readjustments Post-Closing Critical Dates and Follow Up

Strategies for Ensuring a Smooth Closing LSUC – Commercial Real Estate Transactions 2016 Neil Shapiro Stikeman Elliott LLP

Contact us Name nshapiro@stikeman.com