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Accreditation and CLE Rules for Louisiana
Courses purchased through UnitedCLE.com are provided and fully accredited by The National Academy of Continuing Legal Education, a Sponsor of CLE courses in Louisiana approved by the Louisiana State Bar Association, Sponsor #7395.
Louisiana attorneys are required to take 12.5 credit hours every year including at least 1 credit in Ethics and 1 credit in Professionalism. The compliance cycle is from January 1st through December 31st.
Louisiana attorneys may earn up to 4 CLE credit hours from National Academy of CLE, including Ethics and Professionalism credits using our Online & iOS/Android App courses. The maximum number of self-study credits allowed per cycle is 4.
LA State Bar Association
601 St. Charles Avenue
New Orleans, LA 70130
(t) (504) 566-1600
(e) mcle@lsba.org https://www.lsba.org/mcle
The Mortgage Contingency Clause and Ethical Issues in Residential and Commercial Real Estate Contracts
Courses purchased through UnitedCLE.com are provided and fully accredited by The National Academy of Continuing Legal Education, a Sponsor of CLE courses in Louisiana approved by the Louisiana State Bar Association, Sponsor #7395.
To view our full accreditation details please .
Total Credits
1.75
Including 0.75 Ethics
For Access To This Course
All Courses Available iOS/Android Web
About This Course
Real estate deals are notorious for falling through. Whether commercial or residential, there are countless contingencies for buyers and sellers to be aware of. This CLE course will review, in detail, potential pitfalls such as environmental issues, lack of certificate of occupancy, failed mortgage applications and contractual issues that can delay or even nullify an agreement.
Topics include:
May the Buyer Apply to a Mortgage Broker?
How Soon Does the Buyer Need to Apply?
What if the Buyer Obtains a Commitment in a Different Amount than Provided in the Contract?
Conditional Commitments: Do they satisfy the contract?
Commitments Given, then Revoked by Lender
Ethical Issues Regarding the Mortgage Commitment Contingency Clause
Ethical Issues in Residential and Commercial Real Estate Contracts: Duty to Communicate, Retainers, Dealing with Opposing Counsel, and Truthfulness