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Dedicated CLE Manager
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Accreditation and CLE Rules for Puerto Rico
National Academy of Continuing Legal Education is a provider of accredited CLE courses throughout the country.
Puerto Rico attorneys are required to take 24 credit hours every 3 years including 4 credit hour of ethics. Compliance periods begin on the first day of the attorney's birth month and end on the last day of the month preceding the attorney's birth month. All credits must be reported within 30 days after the end of the compliance period.
Puerto Rico attorneys can earn all required CLE credit hours including Ethics using our Online & iOS/Android App courses. A convenient form is included with each course so you can self-apply for CLE credit.
A maximum of 24 credits may be carried over to the next compliance period.
La Rama Judicial de Puerto Rico
Court Administration Office
268 Muñoz Rivera Avenue
San Juan, Puerto Rico 00918-1913
Telephone: (787) 641-6604
educacioncontinua@ramajudicial.pr
www.ramajudicial.pr
The Mortgage Contingency Clause and Ethical Issues in Residential and Commercial Real Estate Contracts
CLE Courses Available Online and with iOS/Android App!
Total Credits
1.75
Including 0.75 Ethics
$75
About This Course
There are countless ways a real estate deal can go sour. Anything from the wide range of procedural issues to the emotional state of buyers and sellers can undo even the most ironclad agreement. This CLE course will explain the various contingencies that can stand in the way of finalizing real estate deals, both commercial and residential.
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