AAR - Commercial Real Estate Purchase Contract
3 hours credit of Contract Law

The objectives of AAR's Commercial Contract is to provide the student with an understanding of the AAR's Commercial Purchase Contract. Understanding the fine print in this form is imperative when confronted with questions from buyers and seller. Therefore, each of the 9 sections of the AAR contract will be thoroughly reviewed.

Summary of Sessions
Session 1Introduction/ Receipt/Property and Purchase Price
Session 2Due Diligence and Inspections
Session 3Disclosures & SPDS Form
Session 4Financing
Session 5Title and Escrow/Warranties
Session 6Remedies/Additional Terms and Conditions/Acceptance

Course Documents and Reference Materials

  • AAR Commercial Real Estate Purchase Contract
  • Assumption/Carryback Addendum
  • Seller Property Disclosure Statement (SPDS)

    In order to pass this class and receive your Educational Certificate, the student must complete all sessions by reading the material online and completing the quizzes at the end of each session.  After all sessions have been completed, the student can then proceed to take their Final Exam, which consists of 50 questions taken from the completed sessions.

    You must pass the Final Exam with a score of 80%, which will indicate that you have read and completed your assignments.  You can retake the final until you pass.

    Once you pass your Final Exam, you can then click on the Certificate Link and receive your Educational Certificate for 3 hours of credit in Contract Law, IMMEDIATELY.



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