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LinkedIn Learning

Real Estate Contracts

via LinkedIn Learning

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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

Introduction
  • Introduction and overview
1. Parts and Definition of a Contract
  • What a contract is
  • Basics of real estate contracts
  • Learning the essential parts of a contract
2. Purchase and Sale Agreement
  • 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
3. Contingencies and Details
  • Remember the important details
  • Contingencies and additional documents
Conclusion
  • Your path forward

Taught by

WealthFit

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4.7 rating at LinkedIn Learning based on 518 ratings

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