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Contracts (F)

January 16, 2025 9:30 AM - 11:30 AM (EST)

Description

Topic F  1.5hrs  Course: 263-0703  Instructor:  Taylor Kitzmiller, MD REALTORS via Zoom

1. Review of Contract Elements 30 min

a. Price and Material Terms

b. Offer & Acceptance (Formation)

i. Delivery of Acceptance in Maryland

ii. Counter-Offer

c. Consideration – EMD as consideration, not contract requirement

i. Per Maryland law, who’s responsible for holding EMD?

ii. Who determines who holds EMD?

iii. If broker holds, broker and salesperson requirements

iv. Best practice if the parties agree that the title company will hold the earnest money deposit?

1. Update to Brokers Act

d. Termination

i. Mutual Agreement

ii. Unilateral Termination


2. Specific Contract Terms 30 min

a. First-time Buyers

b. Time is of the Essence

c. Void vs. Voidable

d. Home Inspections/ “As Is” Sales

e. Wood Destroying Insect

f. Fixtures

g. Contingencies

h. New and Updated Forms


3. Contract FAQs 15 min

a. Default

b. Multiple Offers

c. Disclosures

d. Deposit Disputes

e. Home Inspections


4. Questions and Answers 15 min

Time

Sign in: 9:30am Class: 10am - 11:30am

Location

Zoom

Held by MD REALTORS

View Event

Contact Information

Carroll County REALTORS®
Name: Kitty Owings
Phone: 8570388
Email: kitty@carrollrealtors.org

Please send in your zoom consent form and photo ID.


*$30 Charge for NO SHOW FEE without 24-hour notice*


Contact: ccar.info@carrollrealtors.org for cancellation.

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