Dual agency remains one of the most legally precarious and frequently tested concepts on real estate licensing exams. This targeted episode unravels the complexities of representing both buyer and seller in a single transaction—a scenario that demands perfect understanding for exam success and career protection. We'll clarify: What dual agency actually means and how it differs from designated agencyState-by-state variations: where dual agency is permitted, prohibited, or restrictedDisclosure ...
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Dual agency remains one of the most legally precarious and frequently tested concepts on real estate licensing exams. This targeted episode unravels the complexities of representing both buyer and seller in a single transaction—a scenario that demands perfect understanding for exam success and career protection. We'll clarify: What dual agency actually means and how it differs from designated agencyState-by-state variations: where dual agency is permitted, prohibited, or restrictedDisclosure ...
Episode 5: Legal Principles Of A Real Estate Contract Explained
Real Estate Exam Deep Dive by Exam Scholar
15 minutes
7 months ago
Episode 5: Legal Principles Of A Real Estate Contract Explained
In this episode of Real Estate Exam Deep Dive, we break down the essential legal principles governing real estate contracts that you need to master for your exam. Join us as we demystify offer and acceptance, consideration, legal capacity, and lawful purpose - the four pillars that make a contract valid and enforceable. We'll walk through common exam scenarios involving contingencies, specific performance, and breach of contract remedies. You'll learn how to identify voidable contracts versus...
Real Estate Exam Deep Dive by Exam Scholar
Dual agency remains one of the most legally precarious and frequently tested concepts on real estate licensing exams. This targeted episode unravels the complexities of representing both buyer and seller in a single transaction—a scenario that demands perfect understanding for exam success and career protection. We'll clarify: What dual agency actually means and how it differs from designated agencyState-by-state variations: where dual agency is permitted, prohibited, or restrictedDisclosure ...
