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URL:https://www.learndesk.us/class/4960291886465024/lesson/e5709e1db364cadd0a20a73c659cc692?ref=outlook-calendar
SUMMARY:Definition, Preparation of Contracts (725)
DTSTART;TZID=America/Los_Angeles:20260515T190000
DTEND;TZID=America/Los_Angeles:20260515T200000
LOCATION:https://www.learndesk.us/class/4960291886465024/lesson/e5709e1db364cadd0a20a73c659cc692?ref=outlook-calendar
DESCRIPTION: Contract defined
• An agreement between two or more parties who have a "meeting of the minds," and have pledged to perform (or refrain from performing) some act. • A valid contract is legally enforceable by meeting certain requirements of contract law. • If a contract does not meet requirements, it is not valid and the parties to it cannot resort to a court of law to enforce its provisions.
Florida contract law
• Contract = enforceable promise • Must be drafted by an attorney • Licensees can assist buyers or sellers with filling in blanks for o Listing Agreement o Buyer brokerage agreement o Sale and purchase contract o Option contract • Licensees may not draft o Deeds o Mortgages o Promissory notes o Leases but can fill in blanks for leases less than 1 year • Use of standardized contracts preferred, including "As Is" sale and purchase contract o Typically available through local Realtor Boards • FL's statute of frauds covers o Purchase...

https://www.learndesk.us/class/4960291886465024/lesson/e5709e1db364cadd0a20a73c659cc692?ref=outlook-calendar
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SEQUENCE:3
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