Unit 11 Quiz Attempt #2

What must a contract have for the conveyance of real estate to be enforceable?

What requirement needs to be met to be an accepted contract for the sale of real estate?

After the real estate contract is signed by the parties, what interest does the buyer need to pay?

A promise made to a buyer to meet the terms of a contract can be construed as

Amber creates a contract with Sam for a property she does not own. What happens to the sale contract for the transaction?

The statue of limitations demands that parties with a contract who have been damaged or who question the contract’s provisions

A buyer had an offer a seller immediately approved of who waits tens days to return the approved document to the buyer. However, the offer has passed the deadline. Which of the following statements is accurate?

All of the following actions or circumstances can terminate an offer EXCEPT?

Which of the following situations is the contract enforceable?

Which of the following would most likely NOT be a valuable consideration?

Larry listed his home for sale with a real estate broker for a period of 120 days. No buyer was found within this period. On the 212st day the listing would be terminated by: I. rescission ;II. expiration of time; III. mutual agreement; IV. destruction

Which among the following should not be included in management agreement

Which type of maintenance seeks to stop a problem before it even happens?

What is the release of liability of the original contract when one contract is substituted for another?

A contract is unenforceable when