Description

Mandatory for license Renewal, Free for DCAR Members

Fulfils Legal Issues Requirement

Instructor: Marcia Jacobowitz, Esq. and Michael Wagner, Esq.

CE Credit Hours 3.0

Overcoming Legal Obstacles on a Real Estate Transaction (Marcia Jacobowitz, Esq.)

• Title Issues

What title issues need to be resolved to provide good title and close

Potential Loss of Down Payment

How to avoid loss of a down payment by buyer and loss of your commission

The Importance of an Appraisal

How an appraisal in today’s extremely active real estate market can affect your deal

• The Impact of Existing Easements

How to avoid unexpected property rights and encumbrances

• The Impact of Divorce on Real Estate Transactions

The Need to determine who has rights, responsibilities, and possession

• The Impact of a Deceased Party to a transaction

Contract provisions to assist in keeping the deal alive

* Closing During COVID-19

_ What is the new role of a realtor from listing to closing.

Impact of trusts and estates on real estate transactions (Michael Wagner, Esq.)

Surrogate’s Court Proceedings

What to do when the deed to a property (or share certificate to a co-op) is in the name of a deceased person.

Types of Property Ownership (Joint Tenancy, Tenancy in Common, Tenancy By the Entirety)

Who has the right to sell property depends on how the deed is titled.

Estate sales checklist

Everything realtors need to know when selling a property is in the name of a deceased person.

Partition Actions

CLASS NO SHOW Policy: If you do not show up for a class you have registered for, the following no show policy will apply:

First No Show: Email Warning

Second No Show: $25 No Show Fee

Third No Show and all subsequent through 2021: $50 No Show Fee

Most classes sell out, not showing up without notifying DCAR means that someone missed out on a class they could have taken. Cancellations can be made easily on dcar.com, by emailing staff@dcar.com or texting/calling 845-471-2811.