Contracts for the Newly Licensed (J)

Class payment must be made at time of registration or registration will be canceled and a walk-in fee will be charged for payment-at-the-door.

If you wish to cancel a class registration, request must be made in writing 48 hours prior to class date.  Requests can be mailed to Tammy Satzberg at tammy@aacar.com.  If requests are not received in a timely manner funds will not be returned or transferred to another class.
23 Oct

Contracts for the Newly Licensed (J) 10/23/2024

Contracts for the Newly Licensed (J) 10/23/2024

Wednesday, October 23, 2024 (9:30 AM to 12:30 PM)
3 Education Credits
AACAR Classroom, Arnold, Maryland

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This agenda begins with an overview of hot topics followed by a review of contract law, covering legal definitions and specific real estate agreements such as listing agreements, buyer agency agreements, and contracts of sale.  The session then addresses the basics of preparing a contract, including the definition of an offer, essential elements, and the process of acceptance, termination, and counter offers.  It also covers the validity of contracts, discussing enforceability, voidability, and legal principles like the Statute of Frauds and equitable title.  Discharge of contracts is explored, focusing on termination, performance, and mutual agreements.  The breach of contract section covers violations, damages and contingencies.  This is followed by a discussion on disclosures, including lead-based paint and agency disclosure.  Standard contract provisions and addenda are reviewed, with attention to payment terms, financing, inspections, and multiple offers.  The agenda concludes with segments on compensation offers, from updates, and a Q&A

AACAR Classroom - Ste. 203
AACAR Classroom (Ste. 203)
1521 Ritchie Hwy.
2nd Floor
Arnold, MD 21012

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