The overall purpose of this class is to take away the mystery of preparing Lot/Land Purchase and Sale Agreements. Specifically, we will review what a contract is; Letters of Intent – how and why to use them; we will go over, line by line, the provisions of TAR Lot & Land Purchase and Sale Agreements and evaluate when you should use Exhibits Lot/Land Purchase and Sale Agreements.
Finally, we will also discuss feasibility studies that should be completed during the due diligence period and how to calculate inspection time periods. In this interactive workshop, you will leave with the knowledge to explain the agreement to a customer/client and be more comfortable and confident in preparing a solid and binding Purchase and Sale Agreement without practicing law! 

You must register to attend this class. Registration closes 1 hour before each class starts. 

By registering for this class, you have agreed to the following: you must professionally conduct yourself and follow all of NAR, NETAR, and the TREC rules for virtual learning. If you cannot follow these rules, you will be asked to leave the class or reschedule and NOT receive CE hours for the class. You can find all of TREC’s rules online at https://netar.us/virtual-class-tips/#TRECRULES.

Cost:

NETAR & RCAR Member- No Cost as a Member Benefit! 

Non-Member of NETAR or RCAR- $30

Instructor: Linda Olson 

NETAR’s COMMITMENT TO ANTITRUST COMPLIANCE

The Northeast Tennessee Association of REALTORS® is a not-for-profit trade association devoted to improving the business conditions of the real estate industry. NETAR meetings and events often include real estate professionals and other industry stakeholders who compete with each other or work for competing businesses. NETAR is committed to conducting all meetings and events in a professional, ethical, and lawful manner, including in adherence to all antitrust laws. To that end, the topics for this meeting will focus on advancing the interests of real estate professionals and consumers of real estate services, increasing competition, reducing risk for all parties involved in real estate transactions, and sharing insights on business best practices. The following discussion topics are always prohibited: agreements to fix prices, limit product or service offerings, allocate geographical territory or customers, and refuse to deal. Any discussion inconsistent with this policy will not be tolerated.