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UNIT 12 - CA LEGAL ASPECTS OF REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS

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UNIT 12 - CA LEGAL ASPECTS OF REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS

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California Legal Aspects Of Real Estate

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California Legal Aspects of Real Estate

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UNIT 12 - CA LEGAL ASPECTS OF
REAL ESTATE EXAM 2025
QUESTIONS AND ANSWERS

Contract - ANSWER✔️✔️-Agreement to do or not to do a certain thing

Competence - ANSWER✔️✔️-Requires parties to be over 18, of sound mind, and not deprived of

civil rights

Minor - ANSWER✔️✔️-Persons under the age of 18

Offer - ANSWER✔️✔️-Proposal indicating present intent to be bound by a contract

Acceptance - ANSWER✔️✔️-Unconditional agreement to the terms of an offer by the offeree

Counter offer - ANSWER✔️✔️-Response to an offer that changes some terms

Mutual consent - ANSWER✔️✔️-Combines offer and acceptance in an agreement

Unilateral contract - ANSWER✔️✔️-Offeror bargains for an act as acceptance

Bilateral contract - ANSWER✔️✔️-Promises exchanged by each party constitute consideration

Lapse of time - ANSWER✔️✔️-Offer termination due to offeree's failure to respond

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Uploaded on: May 31, 2025
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Written in: 2024/2025
Type: Exam (elaborations)
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unit 12 ca legal aspects of real estate exam 202

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UNIT 12 - CA LEGAL ASPECTS OF REAL ESTATE EXAM 2025 QUESTIONS AND ANSWERS

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