Step by Step Through the Purchase Contract (OnDemand Webinar)

$199.00

SKU: 405018EAU

Description

Avoid ambiguities and pitfalls of real estate purchase agreements by understanding the critical terms needed for success.Real estate purchase agreements for commercial developments often involve millions of dollars and form the basis for subdivisions, office parks, or shopping malls that are many times more valuable than the purchase price of the land. Mistakes made at the purchase agreement stage can haunt a development for years and the costs of mistakes in drafting can be high. Real estate purchase agreements for residences can also be challenging and difficult to prepare, with the risk of liability to the drafter and the parties to the contract. This topic helps drafters of real estate purchase agreements to understand the critical terms to include and how to avoid ambiguities and other pitfalls.

Date: 2019-07-31 Start Time: End Time:

Learning Objectives

Initial Considerations
• Letters of Intent
• Who Drafts the Contract
• Seller and Buyer-Slanted Documents
• Parties

Essential Elements of the Contract
• Recitals
• Definition of Property
• Purchase Price
• Feasibility Period
• Title
• Due Diligence
• Access
• Disclosure Obligations
• Closing Preconditions
• Escrow and Closing
• Indemnity Provisions
• Environmental Provisions
• Default and Remedies

Forms, Case Studies, and Examples

No Credit Available

Gretta C. Spendlove-Dentons Durham Jones Pinegar P.C.