SCR Form 310 - Agreement To Buy and Sell - January 2020

Описание: Please NOTE: This contract is NO Longer being used by the South Carolina Association of REALTORS®. The newest contract was updated on June 13, 2022. I have created a brand new contract training video incorporating Due Diligence which can be found here:
   • SCR Form 310 Updated June 13, 2022  

FAST FORWARD TO SECTIONS OF THE CONTRACT BY GOING TO THE TIME SIGNATURES BELOW:

Section 1 - Parties - 1:47
Section 2 - Purchase Price 5:11
Section 3 - Property - 8:16
Section 4 - Conveyance - 12:03
Section 5 - Earnest Money - 16:02
Section 6 - Transaction Costs - 25:14
Section 7 - Financing - 31:12
Section 8 - Repair Procedure / Due Diligence / As-Is - 37:09
Section 9 - Inspection & Re-inspection - 55:33
Section 10 - Appraised Value - 58:42
Section 11 - Wood Infestation Report - 1:01:16
Section 12 - Survey & Title - 1:05:41
Section 13 - Survival - 1:07:30
Section 14 - Home Warranty - 1:09:46
Section 15 - Fire or Casualty - 1:12:29
Section 16 - Property Condition Disclosure - 1:15:37
Section 17 - Lead Based Paint - 1:18:43
Section 18 - Sex Offender Information - 1:20:28
Section 19 - Trust Account 1:22:22
Section 20 - SC Income Tax / Non Residents - 1:23:55
Section 21 - Entire & Binding Agreement - 1:25:06
Section 22 - Adjustments / ProRation - 1:26:27
Section 23 - Default / Breach Of Contract - 1:28:50
Section 24 - Mediation - 1:32:03
Section 25 - Non-Reliance Clause - 1:36:05
Section 26 - Broker Disclaimer - 1:38:22
Section 27 - Broker Compensation - 1:40:43
Section 28 - Attachments, Terms, Other Contingencies - 1:43:06
Section 29 - Notice & Delivery - 1:46:41
Section 30 - Legal Counsel - 1:48:38
Section 31 - Expiration - 1:50:18
Final Statements - 1:54:16

This video is about the Agreement / Contract: To Buy and Sell Real Estate (Residential) Form 310 owned by the South Carolina Association of REALTORS® . Its sole purpose is to help associated licensees of Berkshire Hathaway HomeServices C. Dan Joyner REALTORS® to learn and refer back to in times when needed.

If you are watching this video and you are not an associated licensee with the offices that I broker (Simpsonville and Greer), please refer questions to your Broker In Charge as he or she may wish you to use or complete this document in a way other than what I share with the associated licensees of my offices. In any case, always follow your Broker In Charge's Specific Instruction(s).

Disclaimer: I make mention multiple times that I am not an attorney nor anything other than a Broker in Charge and I have tried my best to explain every section of the contract in as much detail as possible and provide multiple examples of how this contract is used and completed. There is no intent on my part to mislead or misinform anyone watching this video. It is recommended that if you find that I have said anything that you feel is inaccurate please feel free to inform me at [email protected] and if anything needs correction, I will do my best to correct the issue. You should however consult with your Broker In Charge FIRST and FOREMOST. The South Carolina Association of REALTORS® had nothing to do with the creation and making of this video nor represents this video creation in any way. I am not a certified or approved trainer with the South Carolina Association of REALTORS® but am simply a Broker In Charge tying to help out my fellow associated licensees to the very best of my ability. I have spent multiple hours studying this contract and asking multiple questions of the legal team at SCAR. I have taught and trained this contract multiple times in my current brokerage and although I feel confident that I have an extremely good understanding of it, I am still human and interpret it my own way. And since I am not God, I am capable of error. So once again, ALWAYS check with your Broker In Charge in anything you have found to be questionable or do not completely and thoroughly understand.

Together, we can make doing real estate in South Carolina a much smoother experience for the agents and parties involved.