Class Details

Contract Issues – Objection, Resolution, Termination, and Amend/Extend

This course provides in-depth knowledge on how to effectively manage inspection objections and resolutions while avoiding legal pitfalls and maintaining compliance with Colorado’s real estate regulations.

What You’ll Learn:

Inspection Termination and Objection Process: Understand the timing, procedures, and legal nuances involved in inspection terminations and objections to prevent contracts from dying due to inertia.
Advanced Strategies for Resolution Deadlines: Learn how to handle resolution deadlines, including extensions and amendments, to keep deals on track.
Key Resolution Options: Explore practical solutions such as seller repairs, price adjustments, seller concessions, and escrow arrangements, and how each affects the transaction and mortgage financing.
Avoiding Mortgage Fraud: Gain insights on how to ensure full disclosure to lenders to avoid any unintended mortgage fraud, a critical compliance aspect for brokers.
Real-World Scenarios and Commission Rules: Dive into the Colorado Real Estate Commission’s position on property inspection resolutions and how brokers can advise clients effectively while staying compliant.
Enhance your ability to protect your clients, negotiate effectively, and ensure smooth transactions from inspection to closing.