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Contracts, Purchase and Sales Agreements New

Course Description

Before entering into a legally binding agreement, real estate professionals must fully understand the contracts that govern their industry. Failure to understand contracts opens a licensee to various kinds of liability and can seriously damage one’s professional reputation. Therefore, it is vital that real estate professionals learn this material so that they can protect themselves against errors, oversights and misunderstandings. .

In this module you will learn about the types of general contracts as well as the different kinds of real estate contracts. The module provides the student with an overview of the various types of contracts: bilateral, unilateral, implied, express, executed, executory, valid, void, voidable and unenforceable. Once the student is introduced to the different types of contracts, he or she learns what makes a contract legally enforceable, this being the five components that make a contract valid: mutual assent, legally competent parties, consideration, lawful objective and adherence to a statute of frauds. This module includes the following lessons.

  • Types of Contracts
  • Features of a Legally Valid Contract
  • Contract Fulfillment
  • Real Estate Contracts

The fifth and concluding lesson in this module presents real – world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this module, he or she should try to develop a broad picture of environmental issues and how they fit into the larger practice of real estate; the last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.

State Requirements

Our real estate CE courses meet the requirements of the Division of Private Occupational Schools (DPOS). Online Colorado real estate license renewal will be available 45 days from the first day of expiration. The DPOS recommends renewing licenses early to avoid last minute issues that can prevent your license renewal.

PRICE:

$36

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