8:55 Welcome and Introductions
9:00 Negotiating Loan Documents
Kirsten Foyles, FirstBank, Southern Pines
Listen to the lender's perspective on negotiated terms in loan documents for a standard commercial loan document package, including third-party documents such as subordination, non-disturbance and attornment agreements (SNDAs).
10:02 Solar Farm Ground Leases
Daniel Vandergriff, Blanco Tackabery, Winston-Salem
With the growth of alternate energy sources in the state, it's not unusual to see solar farms where we least expect them. This review of ground leases for solar farms highlights some common issues related to ground leases as well as terms specific to solar farms.
11:01 Break
11:11 Structuring a Joint Venture
Chris Bobby, Manning Fulton & Skinner PA, Raleigh
Brinson Taylor, Manning Fulton & Skinner PA, Raleigh
Structuring real estate investments carefully is of critical importance considering the activity and opportunity in the current market. Hear what to look out for when a client asks for your help in structuring a joint venture, to avoid unintentional tax consequences and to provide for the eventual investment exit as efficiently as possible.
12:09 Lunch Break
12:39 Corporate Transparency Act
David M. McCallum, Nexsen Pruet PLLC, Raleigh
Forming a corporate entity for a client will soon be subject to new requirements and regulations. This session covers the current state of the Corporate Transparency Act and how that is anticipated to impact real estate attorneys.
1:40 Regulating Short-Term Rentals in Restrictive Covenants
H. Weldon Jones III, Jordan Price Wall Gray Jones & Carlton PLLC, Raleigh
Residential neighborhoods are seeing a rise in short-term rentals through Airbnb and VRBO. This session reviews the techniques that can be used to regulate this activity in planned communities and condominiums.
2:45 Break
2:55 Recent Ethics Opinions for Real Estate Practitioners*
Brian Oten, North Carolina State Bar, Raleigh
A discussion on ethics opinions that specifically apply to real estate practitioners, including the 2021 NC State Bar Ethics Opinions affecting real property transactions.
3:55 Adjourn
* Indicates portion providing Ethics/Professional Responsibility credit
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