Real Estate CE

Tackling Contract Contingencies

Overview

Contracts serve as the foundation of every real estate transaction. They define legal terms, set forth the parties' agreement, and protect the interests of both buyers and sellers. However, contracts aren't always straightforward. Many contain contingencies—the condition-strewn clauses that allow parties to back out or renegotiate if certain conditions aren't met.

This course explores common contingencies in real estate contracts and outlines strategies for resolving contingency-related issues that arise so you can best serve your clients' interests.

Summary Details

Hours

2.0

Price

$19.95





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Learning Objectives

  • Identify the purpose of contract contingencies
  • Recall strategies to manage contingency timelines and ensure compliance with contractual obligations
  • Evaluate the role and structure of financing and appraisal contingencies
  • Develop strategies for addressing home inspection results and negotiating the completion of repairs before closing
  • Explain the purpose of sale of home contingencies and strategies to navigate risks involved with this contingency
  • Develop strategies to effectively use seller concessions to help buyers meet contract contingencies and close deals


Designed For:

Real estate licensees at all stages of their careers



Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: None
Delivery Method: Classroom Equivalent
PDF Download: Not Available
Provider of Record: WebCE
Provider Number: REE.0001035
Last Reviewed: March 2025
Study Level: Intermediate
Approved For: Elective

Exam

Proctor: No



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