2025 GAR Contract Dissection - FEATURING Changes to 2025 GAR Forms

GAR Contract Dissection - FEATURING Changes to 2025 GAR Forms

GREC Course #59854 through Real Estate Academy of America - GREC School #6915

FREE 3 HR CE

Presented by Johnell Woody

Course Description:

This course introduces Agents, Brokers, REALTORS® and non- REALTORS® to the GAR Contract Forms including the Purchase & Sale Agreement, commonly used Exhibits and Amendments. This class consists of the following:

• A review of the 2025 GAR Contract
• A notation of the 2025 contract forms differences from 2023 forms
• A discussion of the various forms available for agents to use in various contractual situations
• A discussion of the general rules / guidelines / practices / requirements for proper completion of contracts and Agreements on behalf of Buyers and Sellers.
• A discussion of the financing contingency exhibits & most commonly used exhibits & forms
• A discussion of the handling of Earnest Money and the disbursement of earnest money upon termination of a contract

Course Objectives:

Upon completion of this course, students will be able to

• Understand & properly complete the 2025 GAR Purchase and Sale Agreement,
• Properly complete commonly used Exhibits, Amendments, & understand Special Stipulations
• Be able to complete transactions with proper contract completion utilizing the appropriate form and special stipulation for any contractual situation
• Understand the GAR licensing agreement and using / sharing contract forms with authorized users and non-authorized users

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