Independence Title: Contract Blitz (1-3 HRS CE) *ONLINE*
Instructor: Kaema Roberson, Associate Director of Education **TREC APPROVED CONTRACT RELATED CLASSES** Contract Comparisons: Know the 1-4 Family Contract like the back of your hand, but get nervous when a condo, vacant lot, or acreage deal comes up? In this course, we will use the 1-4 Family Contract as a reference point for comparison to the Condo Contract, Unimproved Property Contract and the Farm and Ranch Contract. This course is designed to identify each of the different paragraphs and explain what the differences mean. By the end of this course, you will know which forms to use for each transaction type and how each of the forms is different from the 1-4 Family Contract. Navigating the 1 to 4 Family Contract: Think about this…..When you are filling out the One to Four Family Contract you are essentially drawing a road map for the transaction. In this class, we will focus on certain parts of the contract and discuss ways to address any potential hazards or speed bumps that might get in the way of a successful closing.
What the FIRPTA: How familiar are you with Paragraph 20 (Federal Tax Requirements) of the TREC One to Four Family Contract? Is it clear as mud? Have you heard the acronym FIRPTA but could use more information? This section of the contract is becoming very popular as foreign investors become more and more common. In this class, we’ll break down what exactly FIRPTA stands for and what you need to know about it. *NOT REQUIRED TO ATTEND ALL CLASSES Arrival Time: 8:45 am
Contract Comparisons: 9:00 am – 10:00 am
Navigating 1 to 4 Family Contract: 10:00 am – 11:00 am
What the FIRPTA: 11:00 am – 12:00 pm All costs for non-title education underwritten by independent vendors.
Provider #0403 • Contract Comparisons #40136 • Navigating 1 to 4 Contract #40798 • What the FIRPTA #40239 *Registration is required* Invoices for CE credit will be sent after class and can be paid online with a credit or debit card. *An enabled camera is required for Online Classes, if you are requesting CE credit. This is to stay in compliance with attendance monitoring that TREC requires.