As-Is Doesn't Mean What You Likely Think - ZOOM
Monday, August 11th
8:30 – 12:30pm
4CE
$15.00 or $5.00 with Education Passport
Instructor: Brian Woods
Registration Link: https://mdweb.mmsi2.com/spacecoastss/deeplinks.pl?type=EDU&id=25farbar08
The Florida Realtors / Florida Bar As-IS contract is the real estate purchase contract of choice
throughout most of Florida. This legal document (and its associated addenda) create the
foundation for a successful real estate transaction. Many issues can be avoided by clearly
understanding the terms of the contract and the implications of what is written. As real estate
licensees, you are not able to practice law...however, you help facilitate the transactions
(transaction brokerage agency) or represent your client (single agency) in a knowledgeable and
prudent manor.
This course will review the Florida Realtors / Florida Bar As-IS contract in detail and answer
common questions that arise. While it is your responsibility to have a thorough understanding
of the contract documents you use, specific legal questions and implications should always be
answered by an attorney.
Upon completion of this course, will be able to:
● Understand Section 1 - Property Description
● Understand Section 2 - Purchase Price and Closing
● Understand Section 3 - Time for Acceptance of Offer and Counter-offers; Effective Date
● Understand Section 4 - Closing; Closing Date
● Understand Section 5 - Extension of Closing Date
● Understand Section 6 - Occupancy and Possession
● Understand Section 7 - Assignability
● Understand Section 8 - Financing
● Understand Section 9 - Closing Costs; Title Insurance; Survey; Home Warranty; Special Assessments
● Understand Section 10 - Disclosures
● Understand Section 11 - Property Maintenance
● Understand Section 12 - Property Inspection; Right to Cancel
● Understand Section 13 - Escrow Agent
● Understand Section 14 - Professional Advice; Broker Liability
● Understand Section 15 - Default
● Understand Section 16 - Dispute Resolution
● Understand Section 17 - Attorney’s Fees; Costs
● Understand Section 18 - Standards
● Understand Section 19 - Addenda
● Understand Section 20 - Additional Terms
● Understand Counter-offer section, Signature of Parties, and Broker area