Overview
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Learn how to review and execute real estate contracts. This course demystifies these essential documents to help real estate investors approach contracts with confidence.
Syllabus
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Introduction
- Introduction and overview
- What a contract is
- Basics of real estate contracts
- Learning the essential parts of a contract
- Identifying the parties involved
- Identifying real property
- Itemizing what is included in the sale price
- How you can lay out the purchase price
- Learn what happens to the deposit and financing contingency
- Solidifying in legal terms, the inspections, and current conditions
- When you need a lead-based paint disclosures
- Layout the closing and occupancy dates and titles
- Seller agrees to a warranty deed to transfer ownership and has a clear title
- Protecting against property tax charges and risk of loss or damage
- Disclosure for condos and other housing with common areas
- Discussion of all other disclosures and equal housing
- Listing the terms and conditions of the contract
- Listed licenses and provisions for buyers and sellers
- Accepting and signing to create a legally binding agreement
- Remember the important details
- Contingencies and additional documents
- Your path forward
