Law of Contracts Flashcards

Decks in this Class (25):

• Contract Law Part I

  Contract Law Part I

  Sample Cards:

  what is the purpose of trela,

  how many commission members are there an,

  what is an easement
  49 Cards
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• Contract Law Part I 2

  Contract Law Part I-2

  Sample Cards:

  acceleration clause,

  addendum,

  amendment
  26 Cards
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• Contract Law Part Ii

  Contract Law Part II

  Sample Cards:

  the purpose of trela and the rules of tr,

  a license holder may help a party read t,

  if a licensee participates in the unauth
  30 Cards
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• Contract Law Part Iii

  Contract Law Part III

  Sample Cards:

  what does trela section 53711 use of sta,

  trec does not promulgate which forms and,

  in the one to four family residential co
  33 Cards
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• Law And Real Property

  Law and Real Property

  Sample Cards:

  what are the main areas of real property,

  what type of regulations does the federa,

  what types of regulations do local gover
  39 Cards
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• Ownership

  Ownership

  Sample Cards:

  what are the three main forms of ownersh,

  what three types of co ownership does te,

  what does a living trust do
  23 Cards
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• Introduction To Contracts

  Introduction to Contracts

  Sample Cards:

  explain performance and forbearance in c,

  list the six elements required of a vali,

  if deliberate deception fraud or false i
  53 Cards
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• Interests Estates And Encumbrances

  Interests, Estates, and Encumbrances

  Sample Cards:

  what is undivided interest,

  if an interest holder enjoys the right o,

  if a private interest holder does not ha
  30 Cards
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• Rights And Environmental Issues

  Rights and Environmental Issues

  Sample Cards:

  name three rights appointed to a landown,

  which rights applies to any attempt by t,

  water rights are for what purpose
  40 Cards
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• Contracts And The Law

  Contracts and the Law

  Sample Cards:

  define contract,

  all the terms and covenants of the agree,

  explain bilateral contract
  45 Cards
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• Listing Contracts

  Listing Contracts

  Sample Cards:

  what happens when a seller makes a count,

  what is a contingency and what is the mo,

  what does the escrow clause in a sales c
  33 Cards
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• Leases

  Leases

  Sample Cards:

  what is a lease,

  what makes a lease a binding contract,

  in what circumstances are tenants requir
  45 Cards
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• Options Cfd And Lease Purchase

  Options, CFD, and Lease Purchase

  Sample Cards:

  what is an option,

  how is right of first refusal different,

  why do developers often use land options
  26 Cards
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• The Sales Contract Part I

  The Sales Contract Part I

  Sample Cards:

  describe the process of making an offer,

  what four options does a seller have whe,

  when does an offer become a contract
  29 Cards
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• The Sales Contract Part Ii

  The Sales Contract Part II

  Sample Cards:

  define conveyance,

  what are the three stages of conveyance,

  any legal instrument in writing which pa
  42 Cards
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• Contingencies And Amendments

  Contingencies and Amendments

  Sample Cards:

  what is a contingency clause,

  when does a contingency become part of a,

  what are the two ways to write a sell co
  25 Cards
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• Addenda

  Addenda

  Sample Cards:

  what is the most common fha loan type by,

  what is the current maximum dollar allow,

  what document is to be used if the buyer
  20 Cards
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• Financing Instruments

  Financing Instruments

  Sample Cards:

  list the three theories regarding who ho,

  an investor that lends money secured by,

  which clause in a mortgage allows the mo
  46 Cards
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• Owner Financing Foreclosures Short Sales

  Owner Financing, Foreclosures, Short Sales, and Liens

  Sample Cards:

  what is a land contract,

  what are the disadvantages of a land con,

  what are the disadvantages of a land con
  34 Cards
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• Financing Market And Loan Programs

  Financing Market and Loan Programs

  Sample Cards:

  who is involved in a primary mortgage ma,

  what is the primary function of a saving,

  what is the primary function of a commer
  35 Cards
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• Financing Legislation And Computerized L

  Financing Legislation and Computerized Loan Origination

  Sample Cards:

  what does respa require that is a benefi,

  what does the truth in lending act requi,

  who does regulation z apply to
  16 Cards
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• Conveyance Of Title

  Conveyance of Title

  Sample Cards:

  what is voluntary alienation,

  what is important to know about a full c,

  what is the negative aspect of a bargain
  45 Cards
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• Transaction Process Part I

  Transaction Process Part I

  Sample Cards:

  name three items in the real estate tran,

  the listing broker is responsible for th,

  the brokers that earn a split of the com
  33 Cards
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• Transaction Process Part Ii

  Transaction Process Part II

  Sample Cards:

  what does a standard home inspection cov,

  what does a typical inspection report in,

  name three types of inspections buyers c
  46 Cards
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• Common Contract Mistakes

  Common Contract Mistakes

  Sample Cards:

  how should a partys name be listed on th,

  what is true about using the street addr,

  what can happen if a licensee forgets to
  19 Cards
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