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Considine Search

Defeasance Paralegal

Considine Search, Kansas City, Missouri, United States, 64101

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Kansas City, MO

Responsibilities

Initial review of loan documents and engagement documents from client and preparation of internal summary sheet, checklist, and summary e-mails for client and defeasance consultant

Organize and maintain electronic deal folder for easy access by attorney

Work with staff to prepare and organize draft e-mails for attorney revision and circulation

Prepare first draft of defeasance documents using HotDocs Author program

Work with staff to review title commitment, and draft or review mortgage release, UCC terminations, and closing instruction letter. Provide initial drafts to title company following attorney review and communicate with title company regarding questions and issues

Preliminary review of borrower’s due diligence items, including accounting report, organizational documents, and legal opinions to expedite attorney review

Preliminary review of client case memorandum to expedite attorney review

Track closing deliverables and update closing checklist in Project Fortress

Work with staff to review signature packets and prepare list of outstanding items to be included with signature packet e-mails

Become proficient in Project Fortress, including updating transaction checklist and utilizing AI features

Finalize defeasance documents and closing instruction letter, and assist with defeasance circling and closing

Draft and electronically file defeasance UCCs following defeasance closing

Work with staff to finalize, assemble, and review final defeasance documents in advance of attorney review for circulation to all parties on day of closing

Organize deliverables and follow up to obtain closing documentation for closing binder

Review final completed closing binder

Become proficient in the Hot Docs Author program to code defeasance documents and continue to make changes for additional efficiency and to address new issues

Serve as a liaison between the Project Fortress team and the Defeasance team to continue tailoring Project Fortress to the defeasance process and to utilize Project Fortress AI, and assist in training the defeasance team on new uses of Project Fortress

Work with team members to train staff, ensure defeasance process is standardized, and assist with updating forms and memos to address new issues

Assist attorneys and other team members as requested

Computer applications used: Microsoft Office Suite including Outlook, Word, Excel, and PowerPoint, Kofax, iManage, Project Fortress, HotDocs

Requirements

Paralegal Certificate or related degree preferred

5 years’ Experience

Billable requirement:1600 hours per year

5 days in-office first 3 months then hybrid 2 days remote/3 days in office

Start time for this role will be either 8:30 a.m. or 9:00 a.m. (Work day hours Monday to Thursday 7.75 hours and Friday 7.5 hours plus overtime when necessary)

Compensation Up to $100,000.00, plus overtime.

Salary:

Up to $100,000.00, plus overtime

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