Purchase & Sale Transaction Forms for the Commercial Real Estate Practitioner

Feb 20, 2014

Related Practice: Real Estate

Mike Garner spoke to the Commercial Brokers Association on Feb. 20, 2014. His topic, “Purchase & Sale Transaction Forms for the Commercial Real Estate Practitioner,” covered:

  • Changes to RCW 18.85 License Law
  • New Commercial Seller Disclosure Law
  • Issues Identified by brokers and attorneys that have been addressed by the forms’ revisions
  • Appropriate ways to identify parties, and notification requirements
  • Appropriate processing and handling of earnest money
  • Financing issues
  • Inspection contingencies
  • Estoppels and SNDAs
  • Title review
  • Closing costs
  • Representations and warranties
  • Condemnation or casualty