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:
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Compliance with Part 19 rules
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Parties to the Contract
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Ernest Money
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Appraisal Contingency
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Closing Process
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Inspections
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Disclosures
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Contract Signing
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Addendums
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Responses and Counters
Key Benefits:
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Identify and select the current RANM purchase agreement and related form for his or her transactions
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Explain and interpret the current RANM purchase agreement and the reasons for its most significant recent changes
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Apply the current RANM purchase agreement and tis mist recent changes as he or she prepares transaction documents
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Illustrate to his or her customer or client the meaning of the paragraphs in the current RANM purchase agreement
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Summarize and justify the importance of the verbiage in the current RANM purchase agreement
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Prepare professional transaction documents for his or her client or customer, incorporating the current RANM purchase agreement
This course is a core elective.
