BACK TO BASICS DAY 1 (Contracts & Surveys) - Orlando
Tuesday, October 14, 2014 from 9:00 AM to 4:00 PM (EDT)
Two 3-hour seminars will be presented in one day. When you register for both at a discounted rate, a complimentary lunch is included. Lunch will be from 12:00 p.m. to 1:00 p.m. during the break between seminars. Topics are:
Understanding & Using Residential Real Estate Contracts for Sale & Purchase (9:00 to 12:00) - At the heart of every real estate transaction stands the contract for sale and purchase. But what do its provisions really mean? How does it govern the parties’ performance? Is the real estate broker a party to the contract or a third party beneficiary? Is the settlement agent a party to the contract? Is the contract even valid in the first place? This seminar gives you the tools to answer these questions and more through an examination and review of the important principles of Florida real estate contract law. We will explore these principles in the context and against the backdrop of the 2013 FR/BAR contract documents as well as other commonly used form contracts, including relevant riders and “AS/IS” variants. In addition, the course will cover various contractual deadlines and the preparation of timelines, checklists, and tools for monitoring performance on the part of the buyer, seller, and settlement agent. This is one of the Legal Education Department’s Transactional Foundations series of seminars geared for real estate attorneys and their paralegal staff. It is designed to provide practical education and training in preparing, reading, interpreting, and understanding residential contracts for sale and purchase of real property within the context of current principles of Florida contract law. This seminar is approved for 3.5 general CLE credits and .5 ethics credit with the Florida Bar, and 3 hours of continuing education with NALA and DFS.
Stay Inside the Lines – Surveys & Survey Exceptions (1:00 to 4:00) - This practical, essential skills seminar is one of the Legal Education Department’s Transactional Foundations series of seminars geared for real estate attorneys and their paralegal staff who desire training in reading, interpreting, and understanding surveys and legal descriptions. The seminar addresses the concomitant title insurance issues pertaining to surveys, general and specific survey exceptions, and coverage issues. This seminar will prove valuable to attorneys and paralegals who conduct real estate transactions, analyze or map legal descriptions, order or read surveys, and make determinations whether a legal description or survey issue renders title unmarketable. Whether the legal description unit of measurement involves a platted lot, a condominium unit, or is metes and bounds, take this course and go the distance. Different types of surveys used in Florida, for example ALTA and ACSM, are compared and contrasted, together with their minimum technical standards. Using real examples (including some from Fund claims files) attendees will develop survey reading skills and learn to translate examination results into title insurance requirements and exceptions. Special emphasis will be placed upon locating, analyzing, identifying, and interpreting survey anomalies -- matters shown on the survey that, if not rectified, must be specifically excepted from coverage or insured against before a transaction closes. This seminar is approved for 3.5 general CLE credits and .5 ethics credit with The Florida Bar, and 3 hours of continuing education by NALA, and DFS.
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