(Updated Version 2019)
The Group Project is an exercise simulating a contract review and negotiation, on behalf of a fictional client, of all documents required for (a) a loan with real estate mortgage and (b) a loan with a personal property security agreement. The documents to be reviewed must be actual documents used in such transactions. At the minimum the contracts that must be reviewed for each transaction are a loan contract and a security contract. The complexity of the transactions and the number of contracts reviewed will be considered for purposes of grading each Group.
The exercise must identify to the fictional client the mandatory or essential provisions of law that appear in the documents, stipulations that vary the provisions of law, stipulations that may be in violation of the law, citations of relevant Supreme Court cases, and an analysis of the rights and obligations of the fictional client.
The groups shall be organized on the first day of class.
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