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Legal Hotline FAQs: Contract Formation

VAR's Blake Hegeman explains some of the basics of contract formation, especially with regard to short sales. There are many contracts being used out there, but there are certain fundamentals. What are they?

  • offers and withdrawals of offers to purchase
  • short sale contract ratification - how are they different and the same as typical contracts?
  • earnest money deposits
  • setting expectations with clients
  • outlines VAR form 600G - short sale form for purchasers

Tune in to find out!