Executory consideration - Study guides, Class notes & Summaries
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Texas Promulgated Contracts-CHAMPIONS STUDY WITH CORRECT SOLUTIONS
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Texas Promulgated Contracts-CHAMPIONS 
STUDY WITH CORRECT SOLUTIONS 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in 
writing, and ___________. 
(a) Default 
(b) Mutual consent 
(c) Property condition 
(d) Recording - answerB 
A(n) __________________ contract is defined as a contract that is binding on the parties, with 
one or more of the parties having contractual duties that have not yet been performed. 
(a) Executory 
(b) Executed 
(c) Bilater...
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Delaware Real Estate Law Final Exam Questions and Answers
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Delaware Real Estate Law Final Exam 
Questions and Answers 
Loan to Value Ratio - Answer️️ -Amount of the loan vs value of real estate 
Who is the Devisee under a Will? - Answer️️ -Devisee under will is person who 
receives property under a will (maker of will is devisor) 
What are the Requirements for a valid deed in DE - Answer️️ -The deed has to be in 
writing 
The deed has to describe property with specificity 
The deed must have the name of grantor and grantee 
The deed must be ...
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TEXAS PROMULGATED CONTRACTS-CHAMPIONS STUDY QUESTIONS & ANSWERS 100% Correct!!.
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TEXAS PROMULGATED CONTRACTS-CHAMPIONS STUDY QUESTIONS & ANSWERS 100% Correct!!.The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording - ANSWER-B 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory ...
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Texas Promulgated Contracts-CHAMPIONS Exam, Answered
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Texas Promulgated Contracts-CHAMPIONS Exam, Answered-The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording - B 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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Texas Promulgated Contracts-CHAMPIONS STUDY Exam 2022-2023 100% verified; GUARANTEED A+
- Exam (elaborations) • 24 pages • 2023
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The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording correct answers B 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilateral 
 
(d) Void correct answers A 
 
In ...
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TEXAS PROMULGATED CONTRACTS QUESTIONS WITH CORRECT ANSWERS
- Exam (elaborations) • 25 pages • 2023
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The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording CORRECT ANSWER B 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilateral 
 
(d) Void CORRECT ANSWER A 
 
In th...
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McKissock Basic Appraisal Principles I Final Exam Quiz 100% Solved
- Exam (elaborations) • 14 pages • 2024
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McKissock Basic Appraisal Principles I Final Exam Quiz 100% Solved The _____ has oversight authority over state appraisal boards. ASC (Appraisal Subcommittee) 
Which of the below is a requirement of a valid real estate contract? consideration, in writing and signed, and lawful objective 
"The interaction of buyers and sellers who trade long-term or intermediate-term money instruments" is the definition of the _____________ market. capital 
An analysis of the market conditions of supply, demand...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
- Exam (elaborations) • 25 pages • 2023
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023. 
 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
B 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilateral 
 
(...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
- Exam (elaborations) • 25 pages • 2023
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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Aceable Agent Texas Real Estate Principles I questions and answers
- Exam (elaborations) • 5 pages • 2023
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Broker's Price Opinion (BPO) 
A broker's price opinion is the process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property 
 
 
 
Closing 
The completion of a real estate transaction in which the buyer receives ownership and the seller receives the contract amount 
 
 
 
Comparative Market Analysis (CMA) 
A report comparing the prices of sold homes that are similar to the subject property (called comparables), created by a license ho...
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