Chapter 6: 1. Explain the process of preparing and presenting an offer to purchase 2. Discuss the elements of the negotiation process, including backup offers and counter offers 3. Identify the ways an offer can be accepted and revoked 4. Describe the procedures for handling good faith deposits 5. Summarize the illegal practices agents must avoid engaging in with clients

Chapter 7: 1. Discuss the functions of a purchase agreement 2. Identify the various provisions in a typical agreement 3. Explain the circumstances in which special addenda or forms are used 4. Describe dispute resolution options and remedies 5. Explain the legal significance of the residential purchase agreement to buyers and sellers

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