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부동산

Real Estate Law 30

2019.05.07 21:49 Views : 103

Check Your Understanding Answers

  1. List the six elements required of a valid contract.

    Competent parties, consideration, mutual agreement, lawful objective, in writing and signed by the parties, contain a legal description
     
  2. Define consideration.

    Consideration is the exchange of promisesoffered by one party to another to do or not do something.
     
  3. If deliberate deception, fraud, or false information is present, the agreement is what?

    Not enforceable
     
  4. What are the two commonly used legal descriptions in a contract?

    Metes and bounds
    Reference to a platted subdivision (lot, block, section, and subdivision name)
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Notice 부동산 용어 (A to Z) 2019.03.03 1335
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170 Chapter 15 Quiz 2019.04.29 158
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168 Real Estate Law 62 2019.05.12 159
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158 Chapter 2 Review (5) file 2019.05.04 168
157 Real Estate Law 1 2019.05.03 169
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