Life Time Legal partners with, propels, and protects our growing Healthy Way of Life businesses. We support our business partners with subject matter expertise, a problem-solving approach, and trusted advice. Our goal is to propel growth at Life Time while calibrating and mitigating legal risk. We cover all major legal practice areas including, corporate/transactional, consumer, intellectual property, employment, property development (real estate and construction), litigation, and regulatory/licensing work. What does it mean to be a part of the Legal Team? We offer the opportunity for professional accomplishment and growth with diverse, talented, and collaborative Team Members in a dynamic work environment at a company with an indisputably important mission—to help people live healthier lives.
Position Summary
The Paralegal - Property Development supports the property development attorneys and business counterparts. This role would exclusively support the property development functions.
Job Duties/Responsibilities
- Review, revises and analyzes leases, letters of intent, amendments, declarations, easements and other real estate and development related contracts.
- Review title and survey for sites, draft title objection letters and internal memos, communicate professionally with sellers, title companies, surveyors and landlords regarding the same.
- Review, revise and analyze purchase agreements to prepare comprehensive closing checklists, closing documents and coordinate internally and externally to achieve efficient closing on real estate.
- Prepare first drafts of simple purchase agreements, amendments to purchase agreements and leases and other correspondence for review and approval by attorneys.
- Assist property development attorneys, paralegals and business counterparts in all aspects relating to real estate and development, including property management and lease administration.
- Track and manage critical dates within contracts.
- Review due diligence and respond to due diligence requests.
- Review and assist with joint venture agreements and property management agreements.
- Prepare first drafts of less complex property management agreements and amendments
- Analyze whether real estate and broker licenses are needed for Life Time Living and Life Time Stay business lines in new jurisdictions.
- Track status of real estate and broker licenses and permits in various jurisdictions for Life Time Living and Life Time Stay business lines.
Minimum Required Qualifications
- Experience in reviewing, revising and analyzing leases.
- Experience in reviewing, revising and analyzing purchase agreements.
- Experience in preparing for and managing real estate closings.
- Experience in reviewing title and survey.
- Excellent oral and written communication skills.
- Highly organized.
- Strong critical thinking and analytical skills, including ability to define problems, collect and analyze data, draw valid conclusions and recommend solutions.
- Able to effectively multi-task with tight deadlines independently and on a team with diverse personalities and work styles.
- Self-motivated.
- Able to build strong interpersonal/working relationships with Life Time business unit owners
- Ability to operate a personal computer, including strong experience with Microsoft Word, Excel, Outlook, WebEx, Microsoft Teams, Smartsheets and PowerPoint.
- Experience in real estate and broker licensing requirements.
- Experience with various types of real estate joint ventures.
- Experience with property management agreements.
Education:
- A.A. degree, but B.A. degree preferred
Years of Experience:
- 5 to 10 years’ experience as real estate paralegal, preferably in-house or law firm
Licenses / Certifications / Registrations:
Preferred Qualifications:
- Bachelor's Degree in a related field
- Experience at a in-house and/or law firm
- Able to effectively multi-task with tight deadlines independently and on a team with diverse personalities and work styles
- Self-motivated
- Able to build strong interpersonal/working relationships with Life Time business unit owners
- Ability to operate a personal computer, including strong experience with Microsoft Word, Excel, Outlook, and PowerPoint
Pay
This is an hourly position with wages starting at $33.75 and pays up to $46.75, based on experience and qualifications.
Benefits
All team members receive the following benefits while working for Life Time:
A fully subsidized membership
Discounts on Life Time products and services
401(k) retirement savings plan with company discretionary match (21 years of age and older)
Training and professional development
Paid sick leave where required by law
Full-time Team Members are eligible for additional benefits, including:
Medical, dental, vision, and prescription drug coverage
Short term and long term disability insurance
Life insurance
Pre-tax flexible spending and dependent care plans
Parental leave and adoption assistance
Paid time off, including 5 to 20 vacation days per calendar year (based on tenure) and paid sick leave
Deferred compensation plan, if the team member meets the required income threshold
Life Time is a place for everyone. As an organization, we are committed to an inclusive, diverse and equitable workplace that respects and celebrates the unique contributions of each individual while ensuring we remain an equal opportunity employer that recruits, hires, trains and promotes based on merit and qualifications.
