Promulgated forms Study guides, Class notes & Summaries

Promulgated Forms – Champions (Champions School of Real Estate) with Complete SolutionsPromulgated Forms – Champions (Champions School of Real Estate) with Complete SolutionsPromulgated Forms – Champions (Champions School of Real Estate) with Complete SolutionsMutual Consent - ANSWER-"meeting of the minds" unilateral contract - ANSWER-A contract in which only one party is obligated to perform consideration - ANSWER-Something given in exchange for a promise option - ANSWER-an agr...

Champions Promulgated Forms Exam Questions and Answers (Graded A) Champions Promulgated Forms Exam Questions and Answers (Graded A) Champions Promulgated Forms Exam Questions and Answers (Graded A) mutual consent - ANSWER-meeting of the minds consideration - ANSWER-something given in exchange for a promise option - ANSWER-an agreement between a buyer and seller giving the buyer the right to purchase a property at a present price for a given period of time void contract - ANSWER...

Final Exam Study - Promulgated Forms (Law of Contracts II) Questions and Answers 100% CorrectFinal Exam Study - Promulgated Forms (Law of Contracts II) Questions and Answers 100% CorrectFinal Exam Study - Promulgated Forms (Law of Contracts II) Questions and Answers 100% CorrectFinal Exam Study - Promulgated Forms (Law of Contracts II) Questions and Answers 100% Correct 1. The effective date- who, what, and when? - ANSWER-Between the buyer and the seller, The date on which the communication was...

Champions Promulgated Forms|112 Questions and Answers 100% CorrectChampions Promulgated Forms|112 Questions and Answers 100% CorrectChampions Promulgated Forms|112 Questions and Answers 100% CorrectChampions Promulgated Forms|112 Questions and Answers 100% Correct mutual consent - ANSWER-meeting of the minds consideration - ANSWER-something given in exchange for a promise option - ANSWER-an agreement between a buyer and seller giving the buyer the right to purchase a property at a present...

Texas Promulgated Forms Which of these promulgated forms does NOT include "time is of the essence"? Loan Assumption Addendum A couple starts celebrating the sale of their home after their listing agent calls them with the news that they've received an acceptable offer. The listing agent says he is coming over to get their acceptance and signatures. However, by the time the agent arrives the sellers are completely inebriated. The agent has them sign the contract and then takes it to the t...

Promulgated Forms - Champions School Exam Questions and Answers 100% Correct Promulgated Forms - Champions School Exam Questions and Answers 100% Correct Promulgated Forms - Champions School Exam Questions and Answers 100% Correct Competent Parties Offer and acceptance ( mutual consent) Legal Purpose In writing (when required by law) Consideration - ANSWER-Elements of a contract to be valid contract binding parties with one or more duties - ANSWER-executory contract both parti...

Texas Promulgated Forms Questions and Answers Test Bank with complete solution Which of the following is TRUE for the statute of limitations for contracts for the sale of real estate and oral contracts for leases of less than one year? The statute of limitations is four years for the sale and two years for the lease. The voiding of a contract by a minor is an example of terminating a contract by operation of law. Which of the following would NOT be considered a competent party? A 30-yea...

Champions Promulgated Forms definitions of terms-100% tutor verified

Promulgated Forms – Champions Exam Study Guide with Complete Solutions 100% Verified 2024/2025 Mutual Consent - Correct Answer "meeting of the minds" unilateral contract - Correct Answer A contract in which only one party is obligated to perform consideration - Correct Answer Something given in exchange for a promise option - Correct Answer an agreement between a buyer and seller giving the buyer the right to purchase a property at a preset price for a given period of time ...

Texas Promulgated Forms Contract Law Overview Questions and Answers The seller fails to abide by the rule requiring the seller to provide the buyer the Condo Resale Certificate before the contract is signed, and the seller later receives a better offer. The seller says the contract is voidable due to the failure to provide the certificate, and the seller is therefore free to accept the better offer. The buyer does not want to cancel the contract. Which of these statements is TRUE in this situa...