Unit 11: Real Estate Contracts Flashcards

(33 cards)

1
Q

addendum

A
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2
Q

ammendment

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3
Q

assignment

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4
Q

bilateral contract

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5
Q

breach of contract

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6
Q

competent parties

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7
Q

consideration

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8
Q

contingency

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9
Q

counteroffer

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10
Q

contract

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11
Q

earnest monet

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12
Q

equitable title

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13
Q

escape clause

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14
Q

executed contract

A
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15
Q

executory contract

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16
Q

implied contract

17
Q

land contract

18
Q

liquidated damages

19
Q

novation

20
Q

offer and acceptance

22
Q

parol evidence rule

23
Q

rescission

24
Q

right of first refusal

25
specific performance
26
statute of frauds
27
statute of limitations
28
time is of the essence
29
unenforceable contract
30
unilateral contract
31
valid contract
32
voidable contract
33
void contract