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7 Cards in this Set
- Front
- Back
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Uniform Electronic Transactions Act (UETA)
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Contracts can be created by electronic means such as e-mail and faxes
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Offers must be transmitted to sellers within _ days and cannot be given over the _ .
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5 ; telephone
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installment land contract
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owner financing
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Vendor
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seller providing financing
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Vendee
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Person receiving financing
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Right of first refusal
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Property owner gives buyer first dibs on property should landowner ever decide to sell
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Due diligence is credited to:
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The buyer's closing expenses
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