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

