This course was given on July 15, 2010 and is a comprehensive review of the Residential Real Estate Purchase Contract and some of the most important associated forms offered by the Columbus Board of REALTORS® to its membership. Designed for both the newly licensed agent and the experienced salesperson, the course reviews the key concepts and clauses in the contract and associated forms, with the goal of helping attendees make effective and problem-free use of the materials. Particular emphasis is placed on understanding the notice requirements and contingency clauses, as well as the mechanics of the Inspections and Tests section. Also covered are the new Short Sale forms and issues raised by non-traditional transactions (i.e. land contracts, leases with options to purchase, etc.)
Instructor William Fergus is a partner with Peterson, Ellis, Fergus & Peer and he practices in areas of real estate law, business law, estate planning and probate law.
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