Drafting Your First Residential Purchase Agreement 2023 (2025)

  • OnDemand seminar
  • New Lawyer
  • Real Estate Law
Up to 1.0 Credit Hour
Drafting Your First Residential Purchase Agreement 2023 (2025)

It’s a home run

Drafting residential purchase agreements is a fundamental skill for lawyers who practice – or would like to practice – real estate law. Real estate transactions involve substantial financial investments for buyers and sellers, and an inaccurately drafted agreement can result in litigation and financial loss. But proficiency in drafting enables you to better serve clients by protecting their interests and ensuring the transaction goes smoothly.

If you’re new to real estate law, Drafting Your First Residential Purchase Agreement is an ideal opportunity for practice expansion and career growth. Attorney and Director of Training for the Wisconsin REALTORS® Association Jennifer Lindsley will walk you through the essential elements of any real estate purchase agreement. You’ll develop a better understanding of:

  • Approved forms for real estate transactions
  • Purchase price and payment terms
  • Counteroffers and counterproposals
  • Inspections, financing, and appraisal
  • Title and deed information
  • How to prepare for closing

Product details

Faculty

  • Know the key elements of a real estate purchase agreement
  • Provide a detailed and accurate description of the property being sold
  • Understand what constitutes an offer, acceptance, and binding acceptance
  • Learn common financing methods and earnest money parameters
  • Review common contingencies in an offer to purchase
  • Secure the best terms for your clients at closing
  • New lawyers
  • Attorneys seeking to add real estate to their practice
  • Real estate professionals
  • Mediators

Is your first court appearance on the horizon? Drafting your first will or real estate contract? There are firsts for every lawyer, new and experienced, and the Foundational Firsts Series from State Bar of Wisconsin PINNACLE® is designed to help you rise to the occasion. With sessions offering practical, step-by-step guidance on essential legal tasks and procedures you don’t learn in law school, Foundational Firsts programs help build your confidence and your resume. Click here for the full catalog of Foundational Firsts Series programs.

Sponsored by

Interested in sponsoring this program? Find out more.