Legal Remedies for Defaults Between Buyers & Sellers

Wednesday, June 6, 2012
Class: 8:30 - 10:00 a.m.
$10 SAR MEMBERS & REALTORS®/$15 All OTHERS
SAR Mack Powell Auditorium, 2003 Howe, Sacramento

Presenter: William Hunter

This program features buyer and seller disputes. And as with all Bill Hunter seminars, bring your questions to the program and he will answer them!

Disputes between buyers and sellers can arise before or after close of escrow. A third party may cloud the title with a lawsuit claiming ownership or asserting a lien. The buyer may claim the seller failed to disclose material facts or actually committed fraud. The seller may elect to terminate or rescind the sale agreement alleging a material default by the buyer. When troubles like these erupt, what can happen? With knowledge gained in this seminar, a party's broker will be better prepared to help solve the problem.

Topics of this seminar include:

• What contract provisions assist in resolving buyer/seller disputes?
• When is mediation useful? Is arbitration better than litigation?
• How does a recorded lis pendens adversely affect title to real property?
• When will a judge expunge a lis pendens?
• What is required to win a buyer's lawsuit for specific performance?
• How effective are seller remedies against a defaulting buyer?
• How does an escrow holder extract itself from buyer/seller disputes?
• What is the law about "non-refundable" and/or "good faith" deposits?
• How can a "liquidated damages" clause be used effectively?
• When is the remedy of rescission used? What are the consequences?
• How and when is the remedy of reformation used?

Register today!

About the presenter:

Veteran Sacramento attorney William "Bill" Hunter of the law firm Hanson-Bridgett has been representing real estate developers, investors, major brokers, and lenders since 1970. Bill has extensive experience in negotiating, documenting, and closing real estate sales and exchanges, commercial leases, financing transactions, joint ventures, and construction and management contracts throughout the region.

To register, call Brian DeLisi at (916) 437-1210 or click here for registration flyer.

"Any photos taken during the course of the event may be used for future advertising or posted on social media. If you do not wish your photo to be published, please inform the Association."

This course is sponsored by the Sacramento Association of REALTORS®. However this sponsorship does not constitute an endorsement of the views or opinions which are expressed by the instructor, authors or lecturers.