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URL:https://www.learndesk.us/class/6277468010840064/lesson/4fd4a5705ae5ee3794aceeff259eb03f?ref=outlook-calendar
SUMMARY:Snapshot Review: Unit Thirteen Florida Sales Contracts
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/6277468010840064/lesson/4fd4a5705ae5ee3794aceeff259eb03f?ref=outlook-calendar
DESCRIPTION: LEGAL CHARACTERISTICS
Validity and enforceability
• to be enforceable, the contract must meet validity criteria and be in writing • validity = mutual consent; consideration; legal purpose; competent parties; voluntary act • must identify principals, property with the legal description, and the price, which must be signed.
Written vs. oral
• all sale contracts must be in writing per Florida Statutes of Fraud
Completion by a licensee
• licensee may complete a pre-approved fill-in-the-blank contract approved by Florida Realtors and Florida Bar Association.
CONTRACT-RELATED DISCLOSURES
Commission
• agents should disclose who is paying, how much they are getting paid • should also disclose if sharing the commission with the buyer or seller.
Property condition
• all parties must disclose any known material property defects affecting the value.
HOA disclosure and fees
• agents must disclose in writing if there is a Homeowner's Association,...

https://www.learndesk.us/class/6277468010840064/lesson/4fd4a5705ae5ee3794aceeff259eb03f?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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