Seller and Buyer Agents will be educated as to the potential opportunities, pitfalls, and ways to avoid legal liability when the purchase price of a property does not cover the mortgage and closing costs for that property. Attendees will be familiarized with the process that lenders require when a purchase results in a short sale, be able to identify the legal risks that licensees face when dealing with risky transactions, and be provided with risk management steps that will minimize legal liability and assist both buyers and sellers in turning short sales into successful real estate transactions.