The Mortgage Contingency Clause and Ethical Issues in Residential and Commercial Real Estate Contracts

Accreditation Wreath Icon NY
New York selected on map

New York CLE
Accreditation Info

Courses purchased through UnitedCLE.com are provided and fully accredited by The National Academy of Continuing Legal Education, an Accredited NYS CLE Provider. To view our full accreditation details please .

All Courses Available iOS/Android Web

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

*This course qualifies as a Transitional course but can only be taken by Newly Admitted attorneys in NY that have a special exemption from the requirement that skills and ethics credits be taken in an approved live format. This course can be taken by all Experienced NY attorneys.

Decorative Arc

United Makes CLE Easy

A puzzle in a hand

One.

Select Course Package

  • Unlimited CLE

    Enables you to fulfill multiple CLE cycles with one purchase.

  • One-Stop Bundles

    Our most popular courses bundled to save you time and money.

  • Build-A-Bundle

    Select the courses that interest you most while taking advantage of our bundle discount.

A clipboard with a checklist

Two.

Immediate Access to CLE Courses

Courses are available immediately upon checkout. You will have 24/7 access to your purchased courses during the lifetime of your subscription.

Courses can be started, stopped, and paused at any time.

A certificate

Three.

Instantly Print Your Certificate

You can immediately print your CLE certificate upon completion of a course.

A copy of your certificate will remain in your account and will always be accessible to you.

Decorative Arc

Want Different Options?

For a custom suite of courses, our custom CLE option satisfies your CLE cycle requirements in one easy step.

Customize OptionsRight ArrowCustomize Options