Purchasing Real Estate in the Metaverse: Establishing NFTs, IP Rights, Jurisdiction, Venue, Foreclosure, Governing Law
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE webinar will advise counsel on real estate sales in the metaverse. The panel will address the practical considerations and critical provisions of purchase and sales agreements for the physical world and metaverse contracts. The panel will also examine metaverse mortgage contracts, financing, how to mitigate risks by clarifying intellectual property rights, jurisdiction and venue, and how foreclosures or repossessions might work in the metaverse.
- Real estate in the metaverse
- History of metaverse
- Establishing NFT
- Federal and state regulations
- Mortgage documentation
- Defining property
- Jurisdiction and venue
- Bankruptcy of platform provider
- Other best practices
The panel will address these and other relevant topics:
- How is property defined in the metaverse?
- How can virtual property owners monetize their metaverse real estate?
- What types of financing can buyers obtain for real estate in the metaverse?
- What are the key provisions to include in loan documentation for real estate in the metaverse?
- How will foreclosure of real estate in the metaverse be handled?
- What are the consequences of the failure of a platform provider to owners of real estate in the metaverse?
Kenneth J. Falcon
Managing Partner; Chair Real Estate Practice Group
Falcon Rappaport & Berkman
Mr. Falcon’s practice has largely revolved around his real estate clients, for whom he has overseen hundreds of... | Read More
Mr. Falcon’s practice has largely revolved around his real estate clients, for whom he has overseen hundreds of real estate transactions ranging from due diligence, financing and acquisition through development, management and leasing. He has also served as lead counsel in complex litigated matters, including matters related to estates, intellectual property, commercial transactions, and real estate. Mr. Falcon has helped forge partnerships that have invested tens of millions of dollars in real estate development throughout the five boroughs of New York City and throughout the country. He has also earned the trust of some of America’s most prestigious law firms, serving as counsel to their clients in the event of conflicts of interest.Close
Moish E. Peltz
Partner; Chair Intellectual Property Practice Group
Falcon Rappaport & Berkman
Mr. Peltz focuses his practice on IP and business law with a focus on helping companies grow their businesses and... | Read More
Mr. Peltz focuses his practice on IP and business law with a focus on helping companies grow their businesses and brands. He also supports FRB’s Commercial Litigation and Emerging Technology Practice Groups. Mr. Peltz’ practice encompasses both transactional and business litigation matters. His practice also focuses on U.S. and worldwide trademark prosecution and enforcement, including litigation before the Trademark Trial and Appeal Board. Mr. Peltz has worked across numerous industries, including technology, energy, entertainment, media and advertising, real estate, hospitality, education, cryptocurrency and NFTs, legal cannabis, and medical/healthcare.Close