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This text integrates the theory of contract law and its impact on the real estate transaction with practical instruction on Texas real estate employment and sales contracts. Written by an attorney and a real estate broker, you'll find it offers a fully blended view of real estate contracts from two active participants in their respective fields. All required course elements specified by the Texas Real Estate Commission are included along with current real estate contracts and addenda.
1. Introduction. 2. The Offer. 3. The Acceptance. 4. Considerations. 5. Capacity of Parties. 6. Legality of the Contract. 7. The Statute of Frauds and Other Writing Requirements. 8. Assignment and Delegation. 9. Reformation or Avoidance. 10. Discharge of Contract. 11. Breach of Contract. 12. Basic Real Estate Law for Contracts. 13. Real Estate Employment Forms. 14. Specific Real Estate Forms. 15. Standard Residential Sales Contract Provisions. 16. Closing and Post Closing Issues. Appendix I: Texas Real Estates Commission Promulgated Real Estate Sales Contracts. Appendix II: Texas Real Estate Commission Promulgated Real Estate Sales Addenda. Index.