Real Estate Paralegal - Dispositions, Sales

Realty Income aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders, including our dedicated team members who embody our purpose: building enduring relationships and brighter financial futures. We are committed to best-in-class corporate responsibility practices through environmental initiatives, governance programs, and community outreach projects. Realty Income is looking for a Real Estate Paralegal to join our legal team. The paralegal will work with, assist, and support attorneys in providing timely and quality legal support for negotiated property sales, auction sales, and other disposition activities for the national portfolio of properties. This includes assisting and interacting with Asset Management, Property Management, Asset Management & Real Estate Operations, and other teams on matters related to preparing properties for sale, obtaining diligence information, preparing and negotiating sale agreements and related documents, managing tenant contacts, closing and post-closing matters, and handling a broad range of related legal matters under the supervision of attorneys. Disposition Related Matters What you will be working on: Manage and coordinate property dispositions, including interface and correspondence with Realty Income team members, outside counsel, title company personnel, broker, and buyer principals and counsel; prepare transaction and closing documents and related agreements; manage transaction calendaring and internal database tracking and management in Disposition Central; document filing and retention in SharePoint and Shared Drive; review, analyze, and resolve property and title issues; assist in post-close turnover of property to buyer; and perform other tasks to understand the property and manage sale issues that are present or arise. Draft first versions of Purchase Agreements and Amendments, sale closing documents, tenant correspondence, contract assignments, and other documents related to the property or its disposition. Prepare transaction reports and other interdepartmental communications. Conduct various research, analyses, and document preparation and processing (e.g., tax parcel questions, REAs, title documents, leases or prior leases, easements, restrictions and covenants) as applicable to property dispositions. Identify and clear undesirable title exceptions, including researching issues and contacting the title company, document counterparties, and third parties. Assist with buyer due diligence activities and property access, including significant interface with property management teams. Monitor active files and follow up on matters; keep internal transactional databases up to date. Serve as internal liaison with outside counsel for all sale-related matters. Interface with supervising attorney on legal issues, document preparation, and sale closing. Perform and obtain internal checks on property condition, sale issues, rent payment, property tax issues, and 1031 exchange issues. Compile information for the closing settlement statement, manage its preparation, and review and revise for closing. Manage sale closings and post-closing file compilation and review. Serve as notary public pursuant to state regulations of the residence state (as applicable). Document Retention, Permanent Record Filing, And Other Department Support Comply with document retention policy and procedure and conduct quality control of active files for input into the document retention systems. Assist attorneys with ongoing document retention. Assist attorneys with corporate records location and retention as needed. Coordinate and assist with compilation and review of files and documents for internal and external auditing. Manage transaction information and updates in the Disposition Central database. What You Need To Be Successful 2+ years of relevant and on-point legal experience. Undergraduate degree from an accredited U.S. university (associate or bachelor’s degree or equivalent). Paralegal certificate from an ABA-approved school (or equivalent). Notary Public is required but may be obtained and maintained after employment. Combination of education, training, experience, skills and other characteristics that provide the requisite knowledge and abilities in support of the essential job functions. What You’ll Get In Return Competitive salary including potential for bonus and stock awards. Best-in-class benefit package. Collaborative, team-oriented environment. Opportunities for continuing professional development. This hybrid position is based in our San Diego (Del Mar area) headquarters. Monday through Thursday is in-office for collaboration, with the opportunity to work remotely on Friday. The hourly pay range for this role is $33.71 - $40.77 - $49.34. An annual discretionary bonus and discretionary stock award may be discussed during the interview. Total compensation is determined by experience, knowledge, education, skills, performance, and market data. We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents. Our 401(k) retirement plan has a company match of 50% up to 6% of eligible compensation. Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with generous PTO accrual; we provide 12 paid holidays and paid volunteer time. Realty Income’s purpose is to build enduring relationships and brighter financial futures, and this starts with you! Realty Income is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. If you require accessibility support to submit your application or other reasonable accommodations to participate in the recruitment process, please contact View email address on click.appcast.io, or call View phone number on click.appcast.io. An employee will respond to your message to begin the interactive process. This contact information is for individuals seeking a disability accommodation when applying for a job. #J-18808-Ljbffr Realty Income Corporation