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Champions Promulgated Contract Forms Questions Answered Correctly 2024
The five essential elements that must exist for a real estate sales contract to be considered valid and enforceable are: legal purpose, competent parties, mutual assent, consideration and ____________. 
(a)	Signature of witnesses 
(b)	In writing 
(c)	Acknowledgment by a notary 
(d)	Recording in county clerk's office
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The five essential elements that must exist for a real estate sales contract to be considered valid and enforceable are: legal purpose, competent parties, mutual assent, consideration and ____________. 
(a)	Signature of witnesses 
(b)	In writing 
(c)	Acknowledgment by a notary 
(d)	Recording in county clerk's office