5-Contracts for the Sale of Real Estate Snapshot Review

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 CONTRACT FOR SALE Legal characteristics           Culmination of offering process; binding, bilateral contract for purchase and sale; the enforceable “blueprint” for closing; contract is executory, or to be fulfilled; expires upon closing; must be in writing; contain valuable consideration; identify property; be signed by all; be a valid contract. Contract creation                 Created by unqualified acceptance of […]

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