Anatomy of a Purchase Contract Live Online Class (4-Credit Hours)

Learn the importance of using current forms and how to avoid transaction liability related to using out-sated forms.

This four hour class is designed to provide attendees with a professional working knowledge of the RANM Purchase Agreement and other forms likely to be used with it.

Topics Include:

• Compliance with Part 19 rules
• Parties to the Contract
• Ernest Money
• Appraisal Contingency
• Closing Process
• Inspections
• Disclosures
• Contract Signing
• Addendums
• Responses and Counters

This course is a core elective.

IMPORTANT: All students attending a live online class must have their webcams enabled and remain in view of their camera for the entire duration of the class. Kaplan also requires the use of Zoom for live online classes. You must have Zoom downloaded and installed on your computer/laptop, and you must have a Zoom account.

 

Key Points: 

• Identify and select the current RANM purchase agreement and related form for his or her transactions
• Explain and interpret the current RANM purchase agreement and the reasons for its most significant recent changes
• Apply the current RANM purchase agreement and tis mist recent changes as he or she prepares transaction documents
• Illustrate to his or her customer or client the meaning of the paragraphs in the current RANM purchase agreement
• Summarize and justify the importance of the verbiage in the current RANM purchase agreement
• Prepare professional transaction documents for his or her client or customer, incorporating the current RANM purchase agreement