NettetREAL ESTATE SALESPERSON EXAMINATION SAMPLE QUESTIONS AND ANSWERS Page 2 of 7-Multiple Choice Questions Note: The correct answers are indicated in bold. Remarks 1. Jane owns a pair of semi-detached houses No. 10A and No. 10B in Upper Thomson. She decided to sell No. 10A to Adrian while retaining No. 10B. Nettet4 timer siden · Macron's hated bid to raise retirement age from 62 to 64 is approved by top constitutional court despite crippling strikes and protests. By Elizabeth Haigh. Published: 12:29 EDT, 14 April 2024 ...
Chapter 14 RED BOOK Flashcards Quizlet
NettetA binding contract must deliver one form of consideration for another form (Cornell University). The consideration, in a contract, is the object of value that is being exchange. The consideration can be tangible or intangible and varying price and size. Common forms of consideration include real estate, personal property and services. Nettet(A) must be included in all contracts prepared by real estate licensees (except residential leases for less than one year) and in all post-contract addenda or revisions. (B) must be included in all contracts prepared by real estate licensees but not in any revisions thereof (C) may be waived by agreement of the parties (D) cannot be extended by agreement … mount fletcher hardware
Is Wholesaling Real Estate Legal? Here Are the Facts
A real estate contractrequires certain elements in order to be valid, much like most other contracts. One of these elements is the lawful object or legal purpose. While the … Se mer If a person is struggling to meet their mortgage payments while also dealing with other financial obligations, they might be tempted to declare bankruptcy, transfer the property to the … Se mer The lawful object definition is something that is legal, implying that something that is illegal can not be the object of a contract. For example, by this definition, a contract to sell a stolen … Se mer Nettet3. jan. 2024 · The consideration or object of an agreement is lawful until it contains any of the below-mentioned conditions:- Forbidden by law At the point when the object of an agreement or the consideration of an agreement is prohibited by law, at that point they are not legal consideration or object any longer. They at that point become unlawful … Nettet26. sep. 2024 · Object of a contract is legal and not against public policy or in violation of law In other words, a contract is enforceable when both parties agree to something, back the promise up with... mountfleet