Promulgated forms Study guides, Class notes & Summaries

Promulgated Forms - Champions 2024 Questions and Answers 100% AccuratePromulgated Forms - Champions 2024 Questions and Answers 100% AccuratePromulgated Forms - Champions 2024 Questions and Answers 100% AccuratePromulgated Forms - Champions 2024 Questions and Answers 100% Accurate Void Contract -ANSWER-Invalid from the beginning and voidable contract is one that can't be enforced against one or more parties (minors are voidable at the option of the minor). Example of Void Contract -ANSWER-A ...

Promulgated Forms - Champions 2024 Practice Quiz with Complete SolutionsPromulgated Forms - Champions 2024 Practice Quiz with Complete SolutionsPromulgated Forms - Champions 2024 Practice Quiz with Complete SolutionsPromulgated Forms - Champions 2024 Practice Quiz with Complete Solutions Void Contract - ANSWER-Invalid from the beginning and voidable contract is one that can't be enforced against one or more parties (minors are voidable at the option of the minor). Example of Void Contract -...

Champions Promulgated Forms| 157 Questions & Answers 100% Correct!. Loan Assumption - ANSWER-When a new buyer takes over the seller's existing mortgage loan. legal description - ANSWER-A written description of a parcel of land which locates it precisely and will hold up in court. (Does not include address.) third party financing - ANSWER-financing that involves someone other than the seller of the property; may be conventional or government backed When inserting provisions into a co...

Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023. The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording B A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (...

(foreign seller) who does the money get delivered to - The IRS (lead based paint question) how many days do they have to back out - 14 days According to the language in the contract, who is supposed to fill in the date of execution/ the effective date - The broker Am i allowed to write a will for someone? Can i advise people about title issues? Can i add complex provisions into the contract language? If i do any of those things. Im engaging in what? - no; the unlawful practice of law Are ...

Champions School of Promulgated Forms Exam Questions and Answers 100% CorrectChampions School of Promulgated Forms Exam Questions and Answers 100% CorrectChampions School of Promulgated Forms Exam Questions and Answers 100% CorrectChampions School of Promulgated Forms Exam Questions and Answers 100% Correct COLIC - ANSWER-Elements of a Valid & Enforceable Contract: 1. Competent Parties 2. Offer & Accept (Mutual Consent) 3. Legal Purpose 4. In Writing 5. Consideration Void Contract -...

Champions Promulgated Forms definitions of terms-100% tutor verified

1. The effective date- who, what, and when? - Between the buyer and the seller, The date on which the communication was made. The date of initialing and signing of the parties. The last party to initial/Sign fills in the day. 2. What is the legal proceedings brought by party to a contract against another party to compel action call forth in the agreement? - Breach of a contract, one-party defaults, sues for specific performance, seek other relief - arbitration, mediation, injunction to sue fo...

Texas Promulgated Forms-CHAMPIONS (2023/2024) Newest Questions and Answers (Verified Answers)

Promulgated Forms – Champions (Champions School of Real Estate) with Complete Solutions(Rated A+).Mutual 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 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 unenforceable contract - ANSWER-A c...