This course is intended to educate real estate professionals on how to effectively fill out the FAR/BAR “As Is” Contract as well as some of its more important Riders. Topics covered in the class include:
- The elements of a contract and understanding what constitutes a real estate contract.
- How to properly fill out the material terms of the FAR/BAR “AS IS” Contract.
- New changes to the FAR/BAR “AS IS” Contract.
- Closing costs and who pays for what.
- Ways to take title under the Contract.
- Common pitfalls to avoid to protect yourself from litigation and disciplinary complaints.
- How to properly fill out contract riders, including the condo and HOA riders.
