On the Second Saturday of each month, we have a class for all levels of agents focussing on risk management and other legal issues. Here are some of the topics for this month’s class:
- My seller just died in the middle of our transaction. Now what?
- I have the wife’s signatures on the listing contract, but the husband is elk hunting. The wife assures me he will sign the contract when he gets back from his trip and doesn’t want to waste any marketing time waiting for him. She’s getting very irritated with me because I want to wait. Can I go ahead and start marketing? What if I get an offer from a buyer before he’s back?
- I represent a buyer and the listing agent is telling me that the wife’s signature on the Sale Agreement is enough to create a binding contract because the husband will for sure sign when he gets back from elk hunting. Do we really have a deal?
- Why did you light up the item on the checklist for a Vacant Land Property Disclosure? My client isn’t doing this and it’s not required under Oregon Law.
- Do I really have to use an Agreement to Occupy After Closing if it’s just going to be a few days?
- Do we see any problems with this ad: “Large Family Home, Brand New Carpet, Location to die for in Sherwood Hills. Over 2,400 SQFT, 4 Bedrooms+Den & basement apartment rents for $950/month. Deck to enjoy Mature Landscape & Views of city. Walk to Old Town Sherwood/schools/parks/shops/restaurants. Seller is licensed broker in OR.”
- My seller just got an offer from “so-and-so and or assigns.” What does that mean? What should I do?
- I represent a seller who owns a property by herself, but she’s in the middle of a nasty divorce. We put her property on the market and she accepted a great offer. I just got a letter from her soon to be ex’s attorney claiming the sale “may” be in violation of multiple court orders. My seller says that’s a bunch of hooey (only she didn’t use that term). What do I do?
FREE and earns two hours toward your license renewal.
Taught by Oregon First’s president, Mickey J. Lindsay.