Legal Associate

Job Summary: We are seeking a proactive and detail-oriented Legal Executive to support our Real Estate legal functions. The role involves working on diverse legal matters including documentation, due diligence, regulatory liaison, and contractual support, ensuring legal compliance and liability protection across our real estate operations.

Key Responsibilities

1. Liability and Risk Management:

• Draft and review indemnity and liability clauses to safeguard the organization from potential mishaps related to physical infrastructure.
• Develop insurance clauses for physical assets and ensure best practices in agreements.

2. Contracts and Agreements:

• Prepare and standardize lease agreements for enterprise, co-working, and virtual office clients, as well as landlord agreements, including specific clauses for Force Majeure.
• Draft service agreements with clients, third-party service providers, and vendors, ensuring adequate indemnity and liability protection against criminal or financial repercussions.
• Review and structure agreements with brokers, including payment schedules for brokerage fees.

3. Vendor and Client Compliance:

• Issue and manage notices to payment defaulters and draft vendor contracts to secure organization interests.
• Prepare and standardize legal undertakings for contractors and vendors to mitigate risk.

4. Due Diligence and Documentation Verification:

• Conduct validation and due diligence for MOUs, property ownership documents, client contracts, and vendor agreements.
• Review and advise on property-related legal documents including landlord lease agreements, lease termination clauses, and addendums for any deviations in commercial terms or payment schedules.

5. Liaison with Government Bodies:

• Coordinate with government entities such as BBMP and the Registrar to manage registrations, verifications, and statutory filings for flexible office spaces and address registrations.
• Handle formalities regarding property sales by landlords, including due diligence and rights protection.

6. Asset and Investment Protection:

• Create and enforce clauses to protect capital investments on enterprise office spaces through strategic financial agreements beyond standard lease agreements.
• Develop and implement processes to safeguard rights in the event of property resale or lease nullification when business plans do not materialize as projected.

Qualifications and Skills

• Bachelors degree in Law (LLB or equivalent) from a recognized institution.
• Know to read and write Kannada will be an added advantage.
• 0 - 3 years of experience in real estate law or related legal functions within a corporate or law firm setting.
• Strong knowledge of real estate transactions, due diligence processes, and compliance with local laws.
• Proficiency in legal document drafting, review, and standardization.
• Excellent communication skills for vendor and regulatory liaising.
• Ability to manage multiple legal processes with high attention to detail.