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Valid Contracts: What are they? Real estate license exam questions.

In this video, we'll be discussing what a valid contract is. This is an important concept to understand when taking the real estate license exam and is also relevant in everyday life when buying or selling a property. Here are the chapters for this video, feel free to jump around accordingly: 0:00 Introduction 0:28 Four Main Requirements of a Contract 1:16 1. Contract Parties Involved 2:02 2. Legal Purpose 2:45 3. Consideration 3:34 4. Mutual Consent 4:14 Additional Requirements 5:40 At What Point is a Real Estate Contract Valid? 7:14 What Do You Need to Know for the Exam? #realestate #realestateexam #realestatelicense =-=-=-= Don’t forget to like and subscribe for more! Want to learn more about the smart way to get your real estate license and start a successful real estate career? Then make sure to visit the Real Estate License Wizard, getting started is easy. Just click the page below: https://realestatelicensewizard.com =-=-=-=