302 – Contracts & Closings

The Post 302 – Contracts & Closing course is one of the three 30- instructional hour courses in the North Carolina mandatory Postlicensing (PL) education program. The primary objective of the courses is to provide instruction at a level beyond that provided in Prelicensing courses on topics deemed to be of special importance in the active practice of real estate brokerage. Topics addressed in this course include:

• selected basic contract law concepts,

• real estate sales contract preparation,

• sales contract procedures,

• buyer’s due diligence,

• closing procedures,

• Real Estate Settlement Procedures Act,

• closing disclosure preparation,

• contracts for deed, options, and

• selected real estate license status and education issues.