We consider defensible estates and evaluate water rights. Also, we look at remedies for breach of lease agreements. We evaluate types of deeds and wills and the need for recording in public record. We conclude the week by reviewing the Evidences of Title and clearing defects in title. We look at how agency is created and terminated and the duties of the parties.
Contracts govern the real estate transaction.
We look how they are created and terminated and the remedies available to the parties. Last, we consider the types of Listing Agreements and how they can be terminated. Time is given to the penalties and enforcement issues. We look at the principles of value and the methods of estimating value. We learn why appraisals are required in federally related loans.