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부동산

Real Estate Law 33

2019.05.08 13:35 Views : 96

Check Your Understanding Answers

  1. Define executed contract.

    An executed contract is one that has been fully performed and fulfilled: neither party bears any further obligation.
     
  2. Explain executory contract and give one example.

    An executory contract is one in which performance is yet to be completed. A sales contract prior to closing is an example of an executory contract.
     
  3. When all the requirements of an executory contract have taken place, the contract becomes what?

    An executed contract
     
  4. How can contract interpretation issues be avoided?

    Contracts should always be in writing, terms or phrases that could have more than one meaning should be clearly defined, and parties to a contract should review the contract closely before signing.
No. Subject Date Views
Notice 부동산 용어사전 2019.04.15 2075
Notice 부동산 용어 (A to Z) 2019.03.03 1321
171 Chapter 3 Summary 2019.05.05 153
170 Real Estate Law 62 2019.05.12 153
169 Quitclaim Deed 2019.05.27 154
168 Estimated Value - 8885 2021.08.31 155
167 Secured Property Taxes file 2021.10.17 156
166 Real Estate Law 6 2019.05.04 158
165 96003 2019.05.29 158
164 Prohibited Acts 2023.07.06 158
163 Department of Real Estate - Commissioner 2019.06.01 159
162 1031 file 2022.01.04 159
161 Chapter 9 Quiz 2019.04.15 161
160 Chapter 2 Review (3) 2019.05.04 161
159 Real Estate Law 1 2019.05.03 163
158 Chapter 2 Review (2) 2019.05.04 163
157 Chapter 2 Review (5) file 2019.05.04 166
156 Chapter 10 Quiz 2019.04.16 167
155 A promissory note 2019.05.27 167
154 12555 Euclid Street #31 Garden Grove, CA 92840 2017.07.09 168
153 3 2017.07.19 168
152 Chapter 12 Conclusion 2019.04.26 169
151 Real Estate Law 29 2019.05.07 170
150 Open-End Mortgage 2019.06.05 171
149 If a contract for sale provides that the owner is selling his home in an "as-is" condition, then 2019.05.27 172
148 Chapter 18 Conclusion 2019.03.23 174
147 (new) Anaheim, CA 92804 2017.06.20 176
146 Chapter 7 Quiz 2019.04.14 176
145 discriminate 2019.05.22 177
144 Chapter 1 Quiz 2019.04.11 178
143 route file 2021.09.01 178
142 Passive fraud 2019.05.31 179