GRI 202 – Contracts in Real Estate Transactions; Negotiations

This course offers an extensive understanding of basic contract law and its relevance to real estate professionals. Key topics include the unauthorized practice of law, various types and validity of contracts, and a detailed exploration of contract elements. It also delves into the parole evidence rule, requirements for legally competent parties, distinctions between unilateral and bilateral contracts, mutual agreement, and concepts of assignment/novation. Additionally, the course covers contract breach, misrepresentation, and practical aspects of real estate contract preparation, equipping participants with vital legal knowledge for their field.