LexisNexis®
University

Current Trends in Real Estate Joint Ventures

Content Provider
American Law Institute CLE
Product
CLE
Run Time
92 Minutes
Recording Date
03/16/2022
Presenter(s)
Peter Aitelli, David A. Barksdale, Danna M. Kozerski
Learning Method
On-Demand Training
Practice Area
Real Estate

Price $259.00

Add To CartCheckout

Description

A joint venture is a relationship, the success of which requires that the interests of both the sponsor and the investor be aligned, not only at the outset, but throughout the project. To achieve this, not only is a strong grasp of the scope and time frame of the project itself essential, but also a thorough understanding of the parties’ motivations and perspectives combined with a firm command of the issues and an adroit approach to resolving them. This 90-minute webcast will provide practical guidance to attorneys in drafting and negotiating joint venture agreements by discussing many of these leading-edge and evolving issues, including: • Performance standards for Sponsor/Managers • Scope of a Manager’s responsibilities • Restrictions on a Manager’s authority, including Major Decisions • Contributions and distributions • Sponsor’s Promote • Consequences for funding defaults • Consequences for Manager defaults, including removal and loss of Promote • Exit rights, including buy/sell, forced sale, and put and call options

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved1.50General12/31/2023
AlaskaApproved1.50GeneralOn-going
ArizonaApproved1.50GeneralOn-going
ArkansasApproved1.50GeneralOn-going
CaliforniaApproved1.50Participatory03/15/2027
ColoradoApproved2.00General12/31/2024
ConnecticutApproved1.50GeneralOn-going
DelawareApproved1.50General03/15/2024
FloridaApproved2.00General03/31/2024
GeorgiaApproved1.50General12/31/2023
HawaiiApproved1.50General03/15/2024
IdahoApproved1.50General03/15/2027
IllinoisApproved1.50General08/11/2024
IndianaApproved1.50General09/29/2023
IowaApproved1.50General04/27/2023
KansasApproved1.50General07/31/2023
KentuckyApproved1.50General06/30/2023
LouisianaApproved1.50General07/31/2023
MaineApproved1.50General09/29/2024
MinnesotaApproved1.50General08/17/2024
MississippiApproved1.50General07/31/2023
MissouriApproved1.80GeneralOn-going
MontanaApproved1.50General03/15/2025
NebraskaApproved1.53General03/15/2024
NevadaPending State Response0.00
New HampshireApproved1.50General03/15/2025
New JerseyApproved1.50GeneralOn-going
New MexicoApproved1.50General03/15/2027
New YorkApproved1.50SkillsOn-going
North CarolinaPending State Response0.00
North DakotaApproved1.50General03/15/2025
OhioApproved1.50General12/31/2023
OklahomaPending State Response0.00
OregonApproved1.50General03/15/2025
PennsylvaniaApproved1.50General07/31/2024
Puerto RicoApproved1.53General09/30/2023
Rhode IslandApproved1.50General06/30/2023
TennesseeApproved1.53General07/31/2023
TexasApproved1.50General06/30/2023
UtahPending State Response0.00
VermontApproved1.50GeneralOn-going
VirginiaApproved1.50General10/31/2023
WashingtonApproved1.50General03/15/2027
West VirginiaApproved1.84General12/31/2999
WisconsinApproved1.50GeneralOn-going
WyomingApproved1.50General07/31/2023