Steps in the Process

Authorization of Real Estate Transactions

Rules and Process for Nonprofits

Within the bounds of state law and private standards of practice, nonprofit organizations have considerable flexibility in establishing policies and procedures regarding the authorization of real estate transactions.

Last Modified
Jan 27, 2023
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31963 times

Closing

Finalizing the Real Estate Transaction

At closing, the transfer of the real estate interest, whether land or easement, is completed. This guide helps users organize and expedite the closing.

Last Modified
Jul 17, 2018
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33571 times

Costs of Due Diligence in Conservation Acquisitions

To responsibly accomplish a conservation easement or land acquisition, due diligence is necessary. This guide describes the costs incurred by land trusts and agricultural land preservation boards in completing surveys, baseline documentation, appraisals, title search and insurance, phase 1 environmental assessments and legal services in support of conservation acquisitions.

Last Modified
Mar 08, 2017
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25641 times

Management of the Document Preparation Process

When a real estate transaction document needs to be reviewed, edited, or approved by more than one person, good document management and control practices help prevent time-consuming missteps and confusion for all the parties involved.

Last Modified
May 23, 2023
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43779 times

Pre-Existing Mortgages in Easement Transactions

Using Non-Disturbance and Subordination Agreements to Prevent Extinguishment and Comply with Tax Law

When a mortgage predates an easement on a property, the easement could be extinguished in a foreclosure if the owners default on their mortgage payments. And if the easement is to be donated and the donors wish to obtain tax benefits, additional complications arise. These problems can be avoided by obtaining an agreement from the mortgage holder appropriate to the circumstances.

Last Modified
Feb 15, 2023
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87386 times