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rCRMS: Essential Skills for a Successful Closing
February 11, 2026 9:00 AM - 4:00 PM
(MST)
Description
6 Hours Real Estate Legal Issues Credit
The way transactional financing is secured, and escrow instructions are set forth plays a critical role in how the parties’ obligations may be enforced in court.
Upon completion of this course, you will be able to:
Explain differences in the types of lenders and identify red flags that may indicate predatory lending practices.
Identify the benefits and risk-reducing functions of the Pre-Qualification and the Loan Status Update (LSU) forms provided by AAR.
Describe the relationship between a sales contract and escrow instructions.
Identify the risks associated with the provisions of the Commitment for Title Insurance form.
Explain potential post-closing risks associated with inadequate title insurance and forfeiture of a property due to nonpayment.