Unit 10: Real Estate Contracts

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35 Terms

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amendement

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assignment

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bilateral contract

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breach of contract

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consideration

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contingencies

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contract

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counteroffer

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disclosuer

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duress

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earnest money

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enforceable contract

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executed contract

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executory contract

express contrast

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fraud

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implied contract

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land contract

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liquidated damages

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misrepresentation

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mistake of fact or law

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novation

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offer and acceptance

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option

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owner financing

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purchase money mortgage

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rescission

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statue of frauds

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suit for specific performance

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“time is of the essence”

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undue influence

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unenforceable contract

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unilateral contract

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valid contract

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void contract

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voidable contract