Iowa City Area Association of Realtors | Anatomy of a Contract

Anatomy of a Contract

When: Thursday, July 16, 2020 at 9:00 AM
Where: 847 Quarry Road Suite 110, Coralville, IA 52241
Class Type: Elective

This class is approved for 3 hours continuing education

This course dissects a contract and the law that necessitates it.

The following will be covered:

  • review standard definitions contained within contracts
  • review fiduciary duties applicable to licensees, the Statute of Frauds, requirements for "in writing"
  • identify minimum requirements/elements to form a contract
  • identify required language and why it is required to include in contracts, agreements and disclosures
  • discuss the impact of counter-offers
  • review Priority of Offers - Standards of practice expected of licensees
  • review Termination of offers
  • discuss Iowa Administrative Rules for contract presentations
  • explore contractual defenses for performance
  • review rules of contract construction
  • review the judicial rules of contract interpretation
  • analyze sample contractual language currently utilized by many


$40 if registered on/before 07/13/2020

After 07/13/2020 the price is $50


Register here via the IAR Website


John Geode


ICAAR Main Office
847 Quarry Road Suite 110
Coralville, IA 52241