Unforeseen Problems to Avoid in Real Estate Transactions
-Continuing Education- 

Price:$65.00\$75.00
Book Cost: included
Hours: 7.5hours (You finish 1/3 of your 22.5 hours of continuing education required by the State.)

Course Outline:

1. Determining Proper Ownership
   1. Life estates
   2. Inter Vios Transfers
   3. Trusts
   4. Relocation companies
   5. Ownership in an estate
   6. Bankruptcy – trustee in bankruptcy
   7. Foreclosure – bank owned property
2. Matrimonial Actions
   1. Listing property before and after the divorce
   2. Acceptance of offers
   3. Communicating with both spouse’s attorneys
   4. Tax consequences – capital gains
3. Contingencies in the Real Estate Contract
   1. Working with the engineer
   2. Water testing
   3. Termite report – damage, prior warranty
   4. Mortgage Contingency – extensions, resubmission
   5. Title Clearance
4. Additional Pitfalls in a Real Estate Transactions
   1. Certificates of Occupancy
      1) compliance with building health and safety codes
   2.  Funds insufficient to pay off mortgages and / or liens
   3. Seller unable or unwilling to pay commission
       

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