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Deposit Disputes – Best Practices for Advising Your Clients

August 21 @ 10:00 am - 12:00 pm

- $15

 

Instructor: Ashlee D. Gonzales

&

Adam L. Pedersen

COST

$15 for SCCAOR Members

$20 for Non-Members

 

Click here to view cancellation policy

When a property is listed for sale in the fast-paced real estate market of the Bay Area, there is a flurry of activity that follows. Calls from interested buyers and expressions of interest from agents indicate demand for the property, but not necessary intent to purchase. The Earnest Money Deposit (EMD) is a tool for solidifying intent to purchase a property. However, the competitive nature of the market causes some buyers to bounce around properties or put in multiple offers, causing disputes to arise over the deposit. Presented by real estate attorneys Ashlee D. Gonzales and Adam L. Pedersen of Brewer Offord & Pedersen LLP, this program covers many elements about deposit disputes. From statutory provisions to real case examples, agents and brokers will learn how to advise their clients about deposits and protect themselves in deposit disputes.

Topics include:

    • Determining deposit amounts & consequences of going over 3%
    • What happens to the deposit if the contract is cancelled or escrow is not closed
    • Deposit consequences if the contract is cancelled from a contingency
    • Legal principles governing earnest money deposits

 

Interested in sponsoring this class?
Click here for sponsorship info

 

 

Instructor

Ashley D. Gonzales
Phone:
(650) 327-2900 x22
Email:
ashlee@brewerfirm.com
Website:
www.brewerfirm.com

Location

Santa Clara County Association of REALTORS®
1651 North First Street
San Jose, CA 95112 United States
+ Google Map
Phone:
408-445-8500

Instructor

Ashley D. Gonzales
Phone:
(650) 327-2900 x22
Email:
ashlee@brewerfirm.com
Website:
www.brewerfirm.com

Location

Santa Clara County Association of REALTORS®
1651 North First Street
San Jose, CA 95112 United States
+ Google Map
Phone:
408-445-8500