Paralegal- Contracts & Transfers

IDQ has an exciting opportunity for a Paralegal to join our corporate legal team in Bloomington, MN.  The Paralegal coordinates and administers the legal, financial and operational approval process and associated paperwork to transfer contractual ownership of franchises in the U.S. and Canada and assist with matters related to enforcement of contracts. Key Accountabilities Include:Contracts & TransfersDetermine and enforce transfer requirements based upon analysis of franchise agreements and current company policies.Formulate and implement a plan to achieve satisfaction of all transfer requirements and direct all parties involved how to proceed.Be proactive and provide excellent customer service throughout the transfer process.  Communicate requirements relating to the transfer process via phone, e-mail or written correspondence to buyers, sellers and their legal/business representatives, such as attorneys, brokers, accountants, etc.Leverage cross-organizational relationships to resolve issues related to finance, audit, operations and training.Read and evaluate commercial real estate documents, corporate documents, wills, trusts, leases, break-even point projections, profit and loss statements, personal financial statements and legal documents for authenticity and compliance with corporate policies and reconcile discrepancies.Evaluate legal documents and correspondence to determine end dispositions of franchise interest.Draft form legal documents (assignment documents, letter agreements, addenda, and amendments) as it relates to the transfer of ownership of franchises.Facilitate criminal background check, Patriot Act check and credit check requests for prospective buyers. Resolve conflicts related to financing, operational issues, training compliance, collection of fees and legal issues.Work with other Legal Department team members on matters related to enforcement of contracts and draft and assist with Mutual Cancellation correspondence and documents. Other Legal Department ResponsibilitiesAdminister the franchise service award program, including preparing and analyzing reports from the franchise database and sending reports to field/operations staff for verification.Assist on Legal Department projects as needed.Assist other members of the Legal Department, including reviewing contracts and other documents and drafting documents for defaults, litigation or project research as needed.Research contractual requirements and provide franchisees or field staff with contractual information as requested.Input and audit information on franchise database and reconcile discrepancies.