logo-home
logo

Study guides, Class notes & Summaries

Looking for the best study guides, study notes and summaries about ? On this page you'll find 1 study documents about .

All 1 results

Sort by

Chapter 4 National Real Estate Exam Prep (Champions School of Real estate)

  • Chapter 4 National Real Estate Exam Prep (Champions School of Real estate)

  • Exam (elaborations) • 3 pages • 2023
  • Available in package deal
    • Express contract - Answer- Contract that is written or stated Implied contract - Answer- Contract by actions or evidence Unilateral Contract - Answer- binds only one party. Example an option Option contract - Answer- The right to purchase property within a definite time at a specified price Bilateral contract - Answer- Exchange of promises, binds both parties. Required elements of a contract - Answer- 1. Competent parties 2. Offer and acceptance 3. Legal purpose 4. In writing ...
    (0)
  • $10.49
  • + learn more