Contracts
Under Georgia law, who may prepare a real estate purchase contract for use in a transaction?
AOnly licensed Georgia attorneys
BLicensed real estate brokers and salespersons using approved standard forms✓ Correct
COnly the parties themselves without professional assistance
DAny person with a real estate course certificate
Explanation
Georgia law allows licensed real estate agents to prepare standard contracts using pre-approved forms. Drafting customized contract provisions may constitute the unauthorized practice of law.
Related Georgia Contracts Questions
- A listing agreement in Georgia is a contract between:
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- Under Georgia contract law, a contract signed by a minor (under age 18) is:
- Under a Georgia purchase contract, earnest money is typically held by the:
- A 'walk-through' inspection before closing in Georgia is intended to verify that:
- In Georgia, an offer to purchase real property must be communicated in writing because of:
- A real estate buyer who discovers after closing that the seller concealed a material defect may have a claim for:
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