[Georgia Real Estate] 25, Contract Defaults and Remedies
Podcast: Real Estate Exam Prep · Ran Chen, EA, CFP®
Opublikowano: 2026-10-18
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: * Key differences between national contract remedies and Georgia trust account rules. * How earnest money functions as liquidated damages upon buyer default. * The legal procedures for handling escrow disputes and filing an interpleader action. * Common exam traps regarding broker authority and disbursement of disputed funds. * A simple L-I-M-S decision rule to memorize contract d...