2023 GAR Contract Changes
GREC #75552through Georgia Real Estate Academy GREC School #6915
Taught by TRACY FOSTER
FREE 3 Hr CE
Course Description: This course introduces Agents, Brokers, REALTORS® and non- REALTORS® to the 2023 GAR Contract Forms including the Purchase & Sale Agreement, Brokerage Engagements, commonly used Exhibits and Amendments. This class consists of the following:
(1) a review of the 2023 changes to the existing GAR contract forms
(2) a review of the 2023 contract forms additions
(3) a review of the changes in the GAR forms from May 2022
(4) a discussion of the various forms available for agents to use in various contractual situations
(5) a discussion of the general rules / guidelines / practices / requirements for proper completion of contracts and Agreements on behalf of Buyers and Sellers.
(6) a discussion of the handling of Earnest Money and the disbursement of earnest money upon termination of a contract
(7) a discussion of the consumer brochures to use with the public
Course Objectives: Upon completion of this course, students will be able to
(1) identify the new 2023 GAR Contract Forms
(2) understand how these forms differ from the 2022 GAR forms
(3) identify and understand the 2022 midyear changes GAR made to the contracts in May 2022
(4) recognize the changes / additions / deletions in the 2023 GAR contract forms from any previous versions of the GAR contracts
(5) understand the GAR licensing agreement
