Real Estate Contract Crash Course (30 Minute Exam Prep)

Today we go through a full Real Estate Contract Crash Course in around 30 minutes.

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0:00 How it Works
0:39 Real Estate Contracts FAQ
2:02 The 4 Essentials of a Valid Contract in Real Estate
2:42 At What Point is a Real Estate Contract Valid?
3:30 What is a Void Contract?
4:39 What is a Voidable Contract?
5:37 What is the Difference Between Void and Voidable Contracts?
6:03 What is the Statute of Frauds?
6:33 What is a Bilateral Contract?
7:21 What is a Unilateral Contract?
8:05 What is a Purchase Agreement?
9:56 What is a Listing Agreement?
10:40 What are the Different Types of Listing Agreements?
14:13 What are Implied Contracts?
15:14 What is Implied-in-Fact?
16:22 What is Implied-in-Law?
17:10 What is the Difference Between Implied-in-Fact and Implied-in-Law?
18:02 What are Option Contracts?
20:06 What is an Executed Contract?
20:38 What is an Execution Date?
21:17 What is an Executory Contract?
21:45 What is the Difference Between Executed and Executory?
22:25 Top Essential Contract Clauses You Need to Know
26:27 What are Amendments and Addendums?
27:36 What is Novation and Contract Assignment?
29:05 What Do You NEED TO KNOW for the Real Estate Exam?