Contract Law Review - "F" (Hybrid)

Description

Contracts Law Review
Topic “F” | 1.5 Hours

A strong understanding of contract law is essential to protecting clients, reducing risk, and ensuring successful transactions. This course provides Maryland real estate professionals with a practical review of the legal principles that govern real estate contracts, with a focus on current laws, common challenges, and frequently misunderstood provisions.

Participants will revisit the fundamental elements of contract formation, including offer and acceptance, consideration, earnest money deposits, and termination. The course also explores key contract clauses and contingencies, “Time is of the Essence” provisions, home inspections, fixtures, disclosures, and the distinction between void and voidable agreements. Special attention is given to working with various buyer and seller types, including estates, trusts, business entities, and parties acting under powers of attorney, along with proper signature authority requirements.

Through discussion of common contract-related questions and real-world scenarios, attendees will gain greater confidence in navigating multiple offers, defaults, deposit disputes, disclosures, and other contractual issues encountered in everyday practice. This course also highlights updates to Maryland laws and forms that impact contract preparation and execution.

Learning Objectives:

• Review the essential elements required for a valid real estate contract.
• Understand Maryland-specific requirements related to contract acceptance and earnest money deposits.
• Identify common contract provisions, contingencies, and risk-management considerations.
• Recognize proper authority and signature requirements for various buyer and seller entities.
• Apply best practices when addressing contract disputes, disclosures, inspections, and transaction challenges.
• Stay informed about recent legal and form updates affecting Maryland real estate transactions.

Instructor: Maryland REALTORS

Cancellation Policy: Cancellation requests must be submitted to Coastal Association of REALTORS® in writing via email to info@coastalrealtors.org at least twelve (12) hours prior to the scheduled class start time.

Registrants who do not attend a complimentary class and fail to provide the required advance written notice will be considered a no-show and will be invoiced for the standard tuition fee associated with the class.

CAR may cancel courses due to low registration up to two days prior to the date of the class. In the event that CAR must cancel a course, all those who paid for registration will issued a refund.