Description
Real Estate Contracts
Course Description
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 the 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
Lesson 1 Elements of a Binding Contract
Types of Contracts
Essential Elements
Lesson 2 Elements of a Binding Contract cont.
Plain Language
Performance and Discharge
Remedies
Lesson 3 Representation Contracts Agreements
Agency Relationships
Fiduciary Duties
Lesson 4 Representation Contracts Agreements cont.
Listing Contracts
Required Items and Other Provisions
Lesson 5 Disclosure Issues
Seller’s Property Disclosure
Material Facts
Exemptions
Alternatives
Lesson 6 Purchase Agreements
Required Elements of a Purchase Agreement
Lesson 7 Counter Offers and Addenda
Financing Addenda
Conventional Mortgage
FHA Mortgage
DVA Mortgage
Land Contracts
Lesson 8 Closing Costs
Seller Contributions
Common Interest Community
Contingency Addenda
Cancellation
Lesson 9 Roundtable Discussions
Supplemental Cases
If you have any questions
Please call us at 1-800-727-7104 | Monday-Friday | 8am-8pm
Or send an email to info@onlinecti.com. Email responses will be returned promptly within one business day.
