In this course, REALTORS® will gain a foundational understanding of the legal principles relevant to contracts respecting real estate in British Columbia. They will be introduced to the elements of an enforceable contract, how a contract can be terminated and the possible remedies available on a breach of contract. Common pitfalls and best practices for working with contracts will be canvassed.
Contract Law Foundations for REALTORS® is an introductory course for new REALTORS® who want to expand their knowledge of this important area of the law, as well as experienced REALTORS® who wish to have a primer on the foundational laws applicable to real estate related contracts in British Columbia.
By the end of this course, learners will understand and be able to identify.
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- The laws governing the formation and termination of contracts respecting real estate in British Columbia.
- The most common standard form contracts that REALTORS® use in their daily practice as well as the important clauses in each of the contracts discussed.
- Demonstrate their knowledge of contract law through the application of best practices and avoidance of common pitfalls.