Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How standard Georgia purchase agreements reallocate the common law risk of loss prior to closing to the seller. - The legal nature of the negotiated Due Diligence Period as a unilateral buyer option to evaluate or terminate. - Why an Amendment to Address Concerns does not extend contract deadlines or force seller repairs. - How unaccepted repair requests combined with period expiration result in an as is property purchase. - The boundary between salesperson representation authority and mandatory Georgia closing attorney functions. Prepare independently for your exam with practice tools at https://open-exam-prep.com/practice/ga-real-estate and video guides at https://www.youtube.com/@Open-exam-prep . Sources checked: September 14, 2026 - https://rules.sos.ga.gov/gac/520-1 - https://grec.state.ga.us/