Real Estate Paralegal - Dispositions, Sales

About the role

Realty Income is seeking a Real Estate Paralegal to join their legal team. The ideal candidate will support attorneys in property sales, auctions, and other disposition activities.

Responsibilities

• Manage and coordinate property dispositions, including interface and correspondence with various teams and parties.
• 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 solve property and title issues.
• Aid in post-close turnover of property to buyers.
• First drafts 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, REA’s, title documents, leases or prior leases, easements, restrictions and covenants).
• Manage identifying and clearing undesirable exceptions from title, including research of issues and outreach to title company, document counterparties and third parties.
• Assist with buyer due diligence activities and property access, including significant interface with property management teams.
• Maintain and update active files and internal transactional databases.
• Interface with supervising attorney on legal issues, document preparation, and sale closing.
• Perform and obtain numerous internal checks on property condition, sale issues, rent payment, property tax issues, and 1031 exchange issues.
• Compile information for the closing settlement statement, manage the preparation of that statement, and review and revise for closing.
• Manage sale closings and post-closing file compilation and review.
• Serve as notary public pursuant to regulations for appointment of state of residence.
• Comply with document retention policy and procedure and conduct quality control of active files for their input into the document retention systems.
• Assist attorneys with on-going document retention.
• Assist attorneys with corporate records location and retention as needed.
• Coordinate and assist with compilation and review of files and documents as needed for internal and external auditing.
• Manage transaction information and updates in Disposition Central database.

Requirements

• Advanced technical and legal research skills.
• Strong proficiency in Outlook, Word, Excel, and Copilot.
• Highly organized, reliable, and able to manage shifting priorities while delivering accurate, timely work.
• Strong analytical thinking and legal drafting capabilities across basic to advanced documents.
• Effective communicator and collaborative professional, able to work independently, lead support staff, and operate with minimal supervision while taking initiative.
• Approximately 6+ years of relevant and on-point legal experience.
• A paralegal certificate from an ABA approved school (or otherwise meet the requirements of AB1761 or state equivalent).

Qualifications

• Competitive Salary including potential for bonus and stock awards.
• Best-in-class Benefit Package.
• Collaborative, team-oriented environment.
• Opportunities for Continuing Professional Development.

Benefits

• Healthcare, dental, and vision insurance for employees and eligible dependents.
• 401(k)-retirement plan with a company match of 50% up to 6% of eligible compensation.
• Annual discretionary bonus and stock award.
• Generous PTO accrual; 12 paid holidays, and paid volunteer time.
• Enhanced compliance and disclosure requirements comparable with those of a regulated financial services organization, including conflict of interest disclosures and personal trading policies.
• Equal Opportunity Employer.

Pay and Schedule

• The hourly pay range for this role is $33.71 - $40.77 - $49.34.
• This hybrid position is based in San Diego (Del Mar Heights) headquarters. Monday through Thursday are in-office for collaboration, with the opportunity to work remote on Friday.

Benefits

• Best-in-class Benefit Package.
• Collaborative, team-oriented environment.
• Opportunities for Continuing Professional Development.