Real estate contract law quizlet

When drawing up a real estate contract, you may come across various forms such as: Unilateral Real Estate Contracts

Only one party is involved in making a promise concerning the contract

Two or more parties are involved, allowing each to make promises to the other party

A real estate contract has many requirements, and must include all of following to be considered legal and enforceable: a legal description and street address of the property included in the contract; the selling price or payment agreed upon;

Terms in this set (544) A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called

Antitrust laws prohibit competing brokers from all of the following

PSI Real Estate Practice Exam – Once again, this one is not free but if you know how to search google you can find it really easy