Real Estate: Law of Contracts
Covers the use and application of basic real estate law and promulgated contracts during real estate transactions.
This course includes a discussion of TRELA and basic real estate law, types of contracts, and how those contracts are used in a real estate transaction. More specifically, this course explores interests in real estate, homestead issues, the various addenda and amendments that may be necessary, financing issues, and how title is conveyed. This course discusses the intricacies of leasing real estate and how to complete a sales contract.
It includes a detailed walkthrough of closing, including the Real Estate Settlement Procedures Act (RESPA) considerations and title work. Finally, this course discusses common contract mistakes, complete with examples and solutions.