#Understanding #Consideration #Real #Estate #Contracts #shorts
According to Texas courts, consideration binds a purchase agreement. Consideration is a promise given in exchange for a promise. The promise is typically in the form of money like when a seller promises to sell, and the buyer promises to purchase for an agreed price.
Real Estate Contracts: What You Need To Know to Seal the Deal Legally
A contract is an agreement between two or more parties to perform legally enforceable rights and obligations. Law of contracts in Texas requires six elements for a valid and enforceable contract. Your real estate agent assists you with submitting real estate contracts.
If you find yourself asking what my home value is, where can I find information for first-time home buyers, or what is the best real estate school in Texas, you have come to the right place. If you need a Texas real estate broker, need to take qualifying real estate courses for a real estate license in Texas, interested in real estate certification or a college degree, I can help.
I AM NOT A LAWYER. Nothing here should be interpreted as a broker-client relationship. This channel is for informational purposes for my students and sales agents. This is not to provide legal advice. Visit my website or contact me with questions or ideas for videos at ________________________________________________________________________
Dallas College Real Estate Department:
MetroTex Association of Realtors:
Mia Hale Realty blog:
National Association of Realtors:
Texas Association of Realtors:
Texas Real Estate Commission:
lawyers near me , Understanding Consideration In Real Estate Contracts #shorts