Print PDF

Reps and Warranties in Purchase and Sale Agreements

You Can't Always Get What You Want...But Can You Get What You Need?

1:00-2:30 pm ET (12:00 pm CT, 11:00 am MT, 10:00 am PT)

Parties spend a lot of time negotiating representations and warranties in commercial real estate purchase and sale agreements. But do they end up with what they need? Or is this an elaborate dance that falls short of affording appropriate protection to each party? This advanced program discusses issues that typically arise, but often are inadequately addressed, in negotiating representations and warranties and offers practical solutions, including:

  • What exactly are a "representation" and a "warranty"? Do you really know the difference? Does it matter?
  • Which reps and warranties are "market"? Does it depend on deal size, negotiating leverage, geographic area, or other factors? When is the other party overreaching or getting greedy?
  • Which reps and warranties are "no brainers"? Which ones are within the bounds of reasonableness? Which ones are true outliers?
  • Are mid-stream changes in the accuracy of seller's reps or warranties a seller default or a failure of condition? When should seller be allowed to modify its reps and warranties?

Pamela Westhoff, Sheppard Mullin (Moderator)
Kevin L. Shepherd, Venable LLP
Frederick L. Klein, DLA Piper

$95  Section of Real Property, Trust and Estate Law Members
$150  ABA Members
$175  General Public
$75  Additional Registrants Who Use the Same Phone Line
FREE  Law Students

CLE credit requested:
1.5 hours for 60-minute states
1.8 hours for 50-minute states

Section of Real Property, Trust and Estate Law
The American College of Real Estate Lawyers


Jump to Page

By scrolling this page, clicking a link or continuing to browse our website, you consent to our use of cookies as described in our Cookie and Advertising Policy. If you do not wish to accept cookies from our website, or would like to stop cookies being stored on your device in the future, you can find out more and adjust your preferences here.