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| Name | Contract Basics (Part 1) | Real Estate Exam Prep Videos |
| Video Uploader | Video From The Real Estate Classroom |
| Upload Date | This Video Uploaded At 19-06-2020 16:06:20 |
| Video Discription | Understanding contract basics is an important aspect of preparing for your real estate licensing exam. This real estate exam prep video is Part 1 of a series of videos that explains the basics of contract law. Key real estate terms you need to know are: Bilateral Contract - A contract that involves a promise from both parties to perform. Example: a lease agreement or purchase contract Unilateral Contract - A promise from one party to perform a specific act in accordance with the contract. Example: option contract and listing contract Executory Contract - Terms of a contract have not yet been completed. Executed Contract - All the terms of a contract have been completed. Implied Contract - An act or actions that constitutes an agreement to a contract Expressed Contract - A contract that is oral or written but states the terms, conditions, and obligations of the parties Best of luck with your studies... ✅ Subscribe for more FREE tips on how to do YouTube better: https://www.youtube.com/therealestateclassroom?sun_confirmation=1 ➡️More Real Estate Exam Prep Videos https://www.youtube.com/channel/UCX8T62xtXly22K9l-VEOHuA/playlists?view_as=subscriber 🛑Recommended Videos Parties to Real Estate Contracts https://youtu.be/NAEyZ48vwCI 💕My Most Watched Videos: Real Estate Agent Bookkeeping Spreadsheet - Updated for 2020 https://youtu.be/0l7kWqs5eoQ 👉 The Real Estate Agent's Business Plan Template: https://youtu.be/Ci29MOCYRx4 You can find me hanging out most days on Facebook! Facebook: https://www.facebook.com/askpaulv New real estate exam prep videos uploaded 2-3x per week to students pass their real estate exam. Feel free to leave a comment, suggestion, or questions asked in the comment section. Email me: PaulVojchehoske@gmail.com Paul Vojchehoske Mr. Real Estate Seminars, Inc. The Real Estate Classroom P. O. Box 540725 Omaha, NE 68154 (402) 660-0395 This description may contain affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support! P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction. Cheers, Paul Vojchehoske |
| Category | Education |
| Tags | real estate exam prep videos | real estate exam | real estate exam prep | real estate math | real estate vocabulary | real estate exam questions | real estate exam review | real estate math prep videos | the real estate classroom | paul vojchehoske | real estate license exam prep | real estate test review | real estate test prep | bilateral contract | unilateral contract | executed contract | implied contract | expressed contract | executory contract | listing contract | purchase contract |
