California Purchase and Sale Agreements by fyy17127

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California Purchase and Sale Agreements document sample

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									        COMMERCIAL REAL ESTATE EDUCATION
                                                                                                                                 Presenter:
                               Bill Hunter Seminar:                                                                              William Hunter
                                                                                                                               Veteran Sacramento attorney William "Bill"

          California Real Property
                                                                                                                               Hunter of the law firm Hanson-Bridgett has
                                                                                                                               been representing real estate developers,
                                                                                                           investors, major brokers, and lenders since 1970. Bill has

        Purchase and Sale Agreements                                                                       extensive experience in negotiating, documenting, and closing
                                                                                                           real estate sales and exchanges, commercial leases, financing
                                                                                                           transactions, joint ventures, and construction and management
                                                                                                           contracts throughout the region.
        A recent Supreme Court decision, Steiner vs. Thexton, is one of the most
        significant legal cases in the commercial brokerage community to date.                             D A T E
        This historic opinion presents a cautionary tale for those involved in preparing,                     Wednesday, July 14
        interpreting or enforcing real estate agreements and certainly will change the
                                                                                                           T I M E
        way parties in a real estate contract address certain due diligence obligations.
                                                                                                              8:00 - 9:30am
        As you know, the only way a brokerage commission is ever earned under a                            L O C AT I O N
        listing for sale of property is by persuading parties to sign a binding agreement.
        The revised roadmap to have a binding agreement is laid out, in detail, in                           SAR Mack Powell Auditorium
        the Supreme Court’s own words in Steiner vs. Thexton. This case is the defini-
                                                                                                           C O S T
        tive statement on this subject for California and one cannot overstate the
        importance of this case to the brokerage community.                                                  $10 SAR MEMBERS & REALTORS®
                                                                                                             $15 All OTHERS
        Topics To Be Covered:                                                                              TO REGISTER

        • The Written Purchase and Sale Agreement                                                            Fax form below to 916.922.4103 or
        • An Option to Purchase Distinguished                                                                register online at ims.sacrealtor.org
        • Good Faith Deposits and Liquidated Damages                                                        Questions - call Chris at 437.1210
                                                                                                             *24 hour cancellation notice needed to receive refund.
        Every agent and broker in California must read and understand Steiner
        vs. Thexton. This case will be the law and will impact the heart of your
        brokerage business for the foreseeable future. Get the tools you need for                                                                2003 HOWE AVE.
        success and register today!                                                                                                              SACRAMENTO
                                                                                                                                                 CA 95825-0176
                                                                                                              COMMERCIAL DIVISION




R E G I S T R A T I O N                   F O R M                               Real Property Purchase and Sale Agreements - July 14, 2010


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