Line by Line Forms Training from the WRA 

Scratching your head with contract drafting questions? 

Led by WRA attorney Jennifer Lindsley, the Line by Line online video series offers insight into best practice tips and drafting mistakes so you can reduce your risk of error and misrepresentation. New episodes are released periodically. 

Line by Line Training Video Preview

 

Current Videos

Episode 1

WB-1 Residential Listing Contract and the WB-42 Amendment to Listing Contract 

Length: 2 hours 30 minutes

Pricing: $19.95

Topics:

  • Five different ways to earn a commission.
  • When your commission is based on list price vs. purchase price.
  • Delivery, protected buyers and the extension of listing.
  • What happens to earnest money held by a firm if the seller's transaction fails to close.
  • What the different agency choices mean for you and your seller. 

Episode 2

WB-36 Buyer Agency/Tenant Representation Agreement and WB-47 Amendment to Buyer Agency/Tenant Representation Agreement

Length: 2 hours 10 minutes

Pricing: $19.95 

Topics:

  • When a client can give a firm exclusive right to act as an agent.
  • Excluded properties subject to a prior agreement.
  • Various compensation models, such as flat-fee, hourly and retainer.
  • Disclosure to clients, protecting confidentiality and material adverse facts.
  • Lien notices and commercial transactions. 

Episode 3

WB-4 Condominium Listing Contract and WB-42 Amendment to Listing Contract

Length: 2 hours 10 minutes

Pricing: $19.95

Topics: 

  • Correctly describe the condominium offered for sale
  • Help the seller identify what will be included in or excluded from from the sale.
  • Description of the unit, common elements, and limited common elements.
  • Delivery of condominium disclosure documents.
  • Buyer rescission based on condominium documents.

Episode 4

WB-11 Residential Offer to Purchase, WB-44 Counter-offer, WB-46 Multiple Counter-proposal, WB 40-Amendment to Offer, WB-41 Notice Relating to Offer, WB-45 Cancellation Agreement and Mutual Release, and the WB-25 Bill of Sale

Length: 4 hours 30 minutes

Pricing: $39.95 

Topics:

  • Explore the residential offer to purchase and all the documents that can be part of a purchase transaction.
  • Learn how a seller can use a counter-offer or a counter-proposal for different negotiation strategies with buyers.
  • Master the different purposes of an amendment and notice. 
  • Use a bill of sale to transfer ownership from the seller to the buyer.
  • Review proper drafting techniques for a cancellation agreement and mutual release when the transaction is not going to close.

Episode 5

WB-14 Condominium Offer to Purchase, WB-44 Counter-offer, WB-46 Multiple Counter-proposal, WB 40-Amendment to Offer, WB-41 Notice Relating to Offer, WB-45 Cancellation Agreement and Mutual Release, and the WB-25 Bill of Sale

Length: 2 hours 44 minutes

Pricing: $19.95

Topics: 

  • Explore the Condominium Offer to Purchase and all the documents that can be part of a purchase transaction.
  • Learn how to determine exactly what’s included in a condominium sale.
  • Discover how important deadlines for condominium documents can affect your transactions.
  • Master the different purposes of an amendment and notice. 
  • Review how to describe a unit’s common elements and limited common elements.

Episode 6

WB-28 Cooperative Agreement and WB-29 Commercial Cooperative Agreement

Length: 22:28

Pricing: $9.95   

Topics:

  • Learn when and how you can cooperate with licensees from other states.
  • Review the Wisconsin firm’s role when cooperating with out-of-state licensees.
  • Explore how to use the WB Cooperative Agreements to control an out-of-state licensee’s participation in a transaction.
  • Consider alternatives to cooperation such as referrals.
  • Understand how to best serve the parties when working with an out-of-state licensee.

Episode 7   

WB-3 Vacant Land Listing Contract and WB-42 Amendment to Listing Contract

Length: 2 hours 4 minutes

Pricing: $19.95

Topics:

  • Explore the Vacant Land Listing. 
  • Learn how to determine exactly what’s included in a vacant land sale.
  • Discover how important deadlines for the vacant land disclosure report. 
  • Consider how rights of first refusal, zoning and utility connections affect the transaction. 
  • Review how to discuss government programs with the seller for disclosure purposes.  

Episode 8   

WB-13 Vacant Land Offer to Purchase, WB-44 Counter-offer, WB-46 Multiple Counter-proposal, WB 40-Amendment to Offer, WB-41 Notice Relating to Offer, WB-45 Cancellation Agreement and Mutual Release, and the WB-25 Bill of Sale

Length: 3 hours 50 minutes

Pricing: $29.95

Topics:

  • Explore the Vacant Offer to Purchase and all the documents that can be part of a purchase transaction.
  • Learn to correctly identify the property when a portion of an existing property is being offered for sale.
  • Consider how the purchase price may be affected by the survey.
  • Master using the proposed use contingency and understanding the uses of the various sub-contingencies.
  • Consider how zoning and subdivision restrictions affect a property’s use. 

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This video series is only available for WRA REALTOR® members.   


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