This class will explore contracts and forms related to real estate transactions. Special emphasis is placed on the required elements of a binding contract, agency relationships, disclosure requirements, addenda/contingencies, and closings. All the elements of a real estate transaction must be accurate, and properly executed for the contract to be binding. It is important for real estate professionals to have a working understanding of the contractual transaction in order to best serve their clients.
After completing this course participants will be able to:
- Have a better understanding of basics of contract law and the elements of a contract
- Be better equipped to serve buyers and sellers through an understanding of agency law
- Examine purchase agreements, addendums, and aspects of financing
- Have a working knowledge of necessary requirements to better serve your clients
Real Estate Contracts – (Lessons include time for a short, 5-question assessment.)
Lesson 1 Elements of a Binding Contract (29 minutes)
Types of Contracts
Lesson 2 Elements of a Binding Contract cont. (17 minutes)
Performance and Discharge
Lesson 3 Representation Contracts Agreements (26 minutes)
Lesson 4 Representation Contracts Agreements cont. (21 minutes)
Required Items and Other Provisions
Lesson 5 Disclosure Issues (20 minutes)
Seller’s Property Disclosure
Lesson 6 Purchase Agreements (23 minutes)
Required Elements of a Purchase Agreement
Lesson 7 Counter Offers and Addenda (20 minutes)
Lesson 8 Closing Costs (20 minutes)
Common Interest Community
Lesson 9 Roundtable Discussions (30 minutes)
Final Assessment (20 minutes)
Total Course length: 226 minutes (4+ hours)
Course instructors will be available by email or telephone between 9am and 5pm Eastern Standard Time. They will assist you with questions regarding course content.
If you have any questions, please call us at 1-800-727-7104 or send an email to firstname.lastname@example.org . Email responses will usually be returned promptly, but guaranteed within one business day.
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