1 rich Libsyn https://www.libsyn.com 90 600 Episode 097 - Real Estate Exam Questions: Contract Law Going through state exam questions to help real estate students pass their state exam. &amp;nbsp; 01:10 – December: Happy Holidays! 03:00 – List of recent grads: Christina, Lori, Delphine, Alisha, Patrick, Adelaide, Chefor, Grant, Heather, Anne, Carl, Arianna, Jessica, Shukeh, Amber, Autrey, Joana, Kongyu, Miles, Leticia, Larry, Maddy, Kim, Tony, Dawn, Mason, Miranda, Eleyna, Bill, Rose, Renee, Carol, Johnathon, Nathalie, Morgan, Alylynn, and Katrina. 04:10 – Message from Christina. 07:05 – Episode Focus: contract law 08:15 – Elements of a valid contract: Voluntary, Promise/s, Legal, Competency (Capacity), and Consideration. 14:00 – Express versus Implied contracts; statute of frauds. 20:00 – Bilateral and unilateral contracts. 23:35 – Creation of a contract; mutual assent (meeting of the minds); offer and acceptance; offeror and offeree; accept, reject, and counter; counteroffer is a rejection of prior offer terms; offeror can rescind (rescission) before their offer is accepted. 33:40 – Valid, void, and voidable contract; enforceable and unenforceable. 40:45 – Breach of contract; suit for specific performance. 42:30 – Termination of a contract – Performance and mutual release 45:50 – Contingencies: mortgage, inspection, title, sale of home, find another home, and more. 46:45 – No earnest money is required for a valid contract; equitable title; amendment and addendum. 53:10 – Contract law exam questions. 1:15:00 – January’s episode will be about agency: creating agency, fiduciary responsibilities, dual agency, and other obligations agents have with their clients. &amp;nbsp; Go to www.ahareep.com and sign up for the program for only $35, use discount code: legend15 to save 15% off. &amp;nbsp; Go to www.indianarealestateinstitute.com for Indiana real estate classes. &amp;nbsp; A-Ha LINKS &amp;nbsp; Email info@ahareep.com &amp;nbsp; Web www.ahareep.com &amp;nbsp; Facebook https://www.facebook.com/AHA.REEP &amp;nbsp; YouTube https://www.youtube.com/channel/UCrxAjI5Li4Ll3Epwcyc0i6A A-Ha! Real Estate Exam Prep Podcast https://www.ahareep.com/ <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/27245952/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/962c19/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/27245952