Paralegal - Property Management / Real Estate

Based in the Company’s corporate office in Gaithersburg, MD, the Paralegal will provide legal support to the company and its in-house staff members with respect to company, property site, client, and other related legal matters.  This role will be the first point of contact to determine how legal matters need to be directed for appropriate handling, will draft legal documents, participate in legal research, manage case files, coordinate correspondence, and will work closely with the company’s leadership team and outside legal counsel on applicable matters (etc.).  This role will facilitate the completion of projects for legal matters and corporate transactions, develop procedures for legal matters. The effective candidate will be organized, detail-oriented, draw from broad administrative and prior paralegal experience and legal exposure gained in a real estate and/or property management company.  Exposure and experience with property management, third-party management, multiple corporate entities, multi-family real estate, and/or affordable housing operations are sought.

ESSENTIAL DUTIES AND RESPONSIBILITIES will include, but not be limited to the following: Serve as the in-house go-to to triage legal matters for appropriate management and handling through the life cycle of such matters. Draft and/or review and partner with subject owners to negotiate a variety of contracts to facilitate property management operations including management agreements, operating agreements, services contracts, vendor contracts, and other transactional instruments in the course of business. Assist with due diligence and documentation in onboarding and offboarding multifamily properties into and out of property management operations. Draft forms, letters, correspondence, and other legal documents and communications. Create, manage, and track (checklists or other) status and progress of all legal matters and associated documents. Develop and maintain legal and compliance tools and resources for on-site operations teams. Provide support with subcontractor and vendor procurement, including review of vendor contracts. Provide support and coordination regarding corporate legal matters. With leadership’s direction, engage and support and coordinate with outside counsel in legal matters and claims. Monitor legislative and administrative developments impacting the industry and property management operations. Other duties, projects and responsibilities as assigned.

QUALIFICATIONS:   To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education: A Bachelor’s degree is preferred, but equivalent professional experience may substitute for formal education.  A paralegal certificate from an ABA-approved program or equivalent is required.

Professional Experience:   Ideal candidate will have 3-5+ years of professional paralegal experience in a real estate and/or property management company, or equivalent experience in a law firm while directly hands-on serving real estate and/or property management clients.  Experience with affordable housing is a significant advantage.

Skills, Knowledge and Capabilities:  Drafting, editing, proofreading, and negotiating legal documents. Project management skills, particularly as it pertains to managing the life cycle of potentially complex corporate legal issues and variety of transactional and compliance matters. Service-oriented and responsive, strong sense of urgency, and excellent attention to detail. Strong administrative, time-management, prioritization and organizational skills (managing multiple priorities, projects & tasks simultaneously). Superior communication skills and English fluency in verbal, written, editing and verbal presentation skills are an absolute necessity. Strong decision making and critical thinking capabilities. Outstanding customer-service orientation. Ability to expertly navigate, operate and understand all MS Office Suite (Word, Outlook, Excel, Teams, etc.). Self-starter, independent contributor, and works well with internal and external stakeholders at all levels.

This role is expected to be non-exempt and has an anticipated annualized base salary range of $75k-$120k for a new employee depending on a number of relevant factors including individuals’ experience, qualifications, knowledge, skills, abilities, client/property or company budgetary limitations/guidelines, and other job-related company and market considerations.  This position may be eligible to receive discretionary and/or performance-based bonuses on a spot or annual basis, which are variable depending on individual merit/performance, budgetary limitations, company performance, and other job-related factors.  Full-time positions (30+ hours/week) are eligible for 2 weeks paid vacation, 1 week sick leave, 11 paid holidays, and health & welfare benefits as outlined on the Company’s website.  To learn more about our company and our benefits, go to: https://pratumco.com/careers/

Pratum Companies is committed to a diverse workforce and is an Equal Opportunity Employer.