Bob Baker - Contract Class (6/21/2016)
In the class Bob Baker addresses some select addenda which have come up frequently in recent transactions. They are the Sale of Other Property, The Back-up contract, The Mandatory HOA and the Third Party Financing addendums. In these addenda we will look at the time lines and the variables associated with the various choices in the blanks. Additionally we will discuss the issue of what goes with the Property and what doesn’t. In addition to how paragraph 2 of the contract addresses this we will look at the effect of what appears in MLS and any graphics or other advertising representing features of the Property.
Finally, Bob discusses the obligations of the Seller regarding the condition of the Property and how it has to be left upon giving up Possession to the Buyer.