ContractsCâu 47 / 120
Which of the following is NOT one of the essential elements required for a valid, enforceable real estate contract?
a.Offer and acceptance (mutual assent)
b.Consideration
c.Notarization of all buyer signatures
d.Legal capacity of the parties
Giải thích
A valid contract requires offer and acceptance, consideration, legal capacity, legal purpose, and (for real estate) a writing. Notarization is not required to form a valid contract, though it may be needed to record certain documents.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The legal doctrine requiring that contracts for the sale of real estate be in writing to be enforceable is the:
- In Texas, residential real estate sales contracts most commonly use forms that are:
- A license holder who is not a licensed attorney may generally:
- Earnest money in a real estate contract functions primarily as:
- A financing contingency in a purchase contract protects the buyer by:
- The Texas 'option period' (termination option) in the standard residential contract generally allows the buyer to:
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