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4 Cards in this Set
- Front
- Back
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Valid contracts must include: |
Interest and identify of parties involved Description of property Price and financing terms Contingencies to be resolved prior to closing Settlement date Signatures of all parties involved |
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Settlement date |
Closing date Date that contract will be signed by all parties |
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Contract |
An offer becomes a contract once accepted by the other party |
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Legally competent |
All parties in a contract must be legally competent for the contract to be valid. |
