Negotiating Hotel Purchase and Sale Transactions: Key Legal Issues for Buyers and Sellers

Real Estate attorney Stacie Goeddel will lead a Strafford webinar guiding attendees on the legal issues that arise when buying and selling hotels. These transactions raise concerns that extend beyond real estate matters, from the buyer's ability to obtain financing to the evaluation of organized labor agreements to the development of a property improvement plan. When a property is subject to a hotel management agreement or a franchise affiliation, buyer's and seller's counsel must beware and carefully vet the ability to retain or terminate that relationship. During this program, speakers will review these issues and other key areas to consider, such as seller representations and warranties and closing contingencies in the purchase and sale agreement. Attendees will gain a comprehensive understanding of the unique nature of the acquisition and disposition of hotel properties.