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Chapter 18

Contracts and the transaction timeline

From offer to closing, and what makes a contract count

An explorable chapter on real estate contracts for the exam: offer, counteroffer and acceptance, valid, void, voidable and unenforceable contracts, contingency deadlines counted from acceptance, and the remedies for breach.

  1. 18.1
    Offer, counteroffer and acceptanceOnly one offer is alive at a time
  2. 18.2
    What makes a contract countValid, void, voidable or unenforceable
  3. 18.3
    Contingencies and deadlinesEvery clock starts at acceptance
  4. 18.4
    Remedies for breachMake them perform, pay, or undo it
  5. 18.5
    From offer to closingEvery deadline, in order

1 interactive 3D scene · 0 slider tasks · 3 practice sets · 14 questions