Fiduciary Legal Counsel and Fund Administration in Real Estate Transactions
Fletcher and Hudson brings the full weight of its fiduciary legal framework to real estate fund administration, operating under RESPA, FIRPTA obligations, applicable state property law, and the legal structure of the attorney-client fiduciary relationship governing all property transaction counsel.
All property acquisition and disposition funds are administered under formal escrow instructions and disbursed exclusively upon verified chain of title confirmation, full lien clearance, and complete ALTA settlement statement execution.
$2.3B
US commercial real estate sector.
47%
Deals involving escrow dispute.
63%
Cross-border deals requiring counsel.
$2.8B
Institutional assets our management.
● lorium
Real Estate Fund Administration Under Attorney-Client Fiduciary Duty and Mandate
As legal counsel exercising full fiduciary capacity over real estate assets and associated client funds, Fletcher and Hudson administers property acquisition, disposition, and fund disbursement under RESPA, applicable title insurance law, state property management statutes, and the attorney-client fiduciary duty
Title Management
• Title and lien cleared
• Chain of title verified
• ALTA statement executed
• Warranty deed executed
Fund Escrow
• Closing funds escrowed
• Disbursement upon title confirmation
• Mortgage escrow administered
Due Diligence
• Environmental compliance assessed
• Zoning rights verified
• FIRPTA withholding assessed
•
Title insurance obtained
Property Administration
• Management agreement executed
• 1031 exchange counsel provided
• NOI and cap rate assessed
● Stewardship
Client real estate funds are held in segregated fiduciary accounts, subject to documented disbursement conditions.
We execute all real estate transactions within the full scope of attorney-client fiduciary obligations and RESPA.
No real estate title transfers without a verified ALTA settlement statement and full lien clearance
Foreign real estate funds are administered in full FIRPTA withholding compliance and strict IRS adherence.