REO Transactions and Rental Property



By registering for this class you hereby consent to the photographing of yourself and the recording of your voice and the use of these photographs and/or recordings singularly or in conjunction with other photographs and/or recordings for advertising, publicity, commercial or other business purposes. You understand that the term “photograph” as used herein encompasses both still photographs and motion picture footage. 
04 Feb

02/04/2015 BOCA 10:00AM REO Transactions and Rental Property

02/04/2015 BOCA 10:00AM REO Transactions and Rental Property

Wednesday, February 4, 2015 (10:00 AM to 12:00 PM)
0 CE Hours
BOCA - Boca Raton Location: 3200 N Military Trail #102, Boca Raton, Florida

You're Registered!
A detailed overview of the REO Transaction process, from definition of REO Property and how it's acquired, to the contractual elements and addenda requirements. Followed by a comprehensive lesson on rental property issues, purchase considerations, eviction procedures, and legal courses of action for the Landlord/property manager.

If you are working with REOs your new market niche could be investors looking for additional income properties in the form of rentals. Learn what you and your clients need to know about the REO process, purchasing REO properties and the financial benefits of rentals. You will also learn about landlord/tenant responsibilities and evictions.
Course Outline:
1. Differences between REOs and traditional real estate transactions
2. Differences between the standard contracts
3. The REO Addendum
4. Negotiating the terms of the REO contract.
5. Discussion of legal validity of certain standard REO contract provisions
>Seller may cancel contract at any time and return deposit to buyer
>Seller does not supply condominium or HOA documents
6. Relevant time periods for closing
RENTAL PROPERTY ISSUES
1. Purchase considerations
>Disclosure of lease and pertinent information in the contract
>Tenant and landlord estoppel letters
>Rent and prorated rent
2. Rent unpaid by closing date
3. Liability and insurance questions
4. Legal Responsibilities of Landlord and Tenant
5. Eviction Process
6. Final Judgment and Writ of Possession

Presented by Richard Breger, Esq.
Sponsored by Empire Title Services
www.EmpireTitleServices.com

BOCA - Boca Raton Location: 3200 N Military Trail #102
BOCA - Boca Raton Location: 3200 N Military Trail #102
3200 North Military Trail #102
Boca Raton, FL 33431

Map & Directions