Real Estate Transactions (1034): Real Estate Transactions and Commercial Development examines the structuring, negotiation and documentation of commercial real estate transactions. Working both individually and in groups, students will learn the requisite skills for drafting and negotiating leases, letters of intent, sale contracts and related financing documents. As time permits, development-related matters will be explored, including the legal aspects of site acquisition, design and construction. Since it is especially relevant now, coverage of restrictive land use controls will be covered, as well as a discussion of some approaches to increasing access to property ownership among lower income groups. Classes will be a mixture of lectures, interactive discussions, and several mock negotiations. Elements used in grading: Class attendance, individual and group project participation, quizzes and written assignments. No final exam. This class is limited to 20 students, with an effort made to have students from SLS (17 students will be selected by lottery) and 3 non-law students by consent of the instructor. Non-law students may request consent to enroll by submitting a Stanford Non-Law Student Course Add Request Form available at: https://law.stanford.edu/education/courses/non-law-students.