Real Estate Contracts: 5 Essential Elements For Exam Success | Just Call Maggie
Welcome back, aspiring agents! 🌟 Maggie Relloso here with just call Maggie, your go-to source for crushing the real estate exam. In today’s video, we delve into the intricate world of real estate contracts, covering the five essential elements you need to know for success.
🏠💡 What to know before starting real estate school? Learn the COLIC essentials!
📚🤔 How to study for the real estate exam? Mastering real estate contracts is key!
🔑✅ What you need to know to pass the real estate exam? COLIC breakdown for success!
🎓🏡 Real estate education videos that guide you through the contract maze!
🚀 Ready to boost your knowledge? Join me as we explore:
• Competent Parties: Ensuring legal competence and sound judgment.
• Offer and Acceptance: The cornerstone of any contractual relationship.
• Lawful Subject: Keeping it legal, fair, and square for everyone.
• In Writing: Understanding the importance of written agreements.
• Consideration: The secret sauce for a legally binding and meaningful contract.
🤓📝 Remember the acronym COLIC for a rock-solid foundation in real estate contracts!
If you’re on the journey to becoming a real estate pro, this video is a must-watch. Hit that like button, subscribe for more valuable insights, and share your thoughts in the comments below. Your success begins with a solid understanding of the basics.
Stay tuned for more engaging content on various aspects of real estate contracts. Whether you’re a seasoned pro or just starting, there’s always more to learn.
Subscribe, like, comment, and get ready for an enriching journey through the world of real estate. This is Maggie Relloso with just call Maggie, signing off. Wishing you success in your real estate endeavors. Stay informed, stay sharp, and I’ll catch you in the next lesson. Take care! 🏡📚✨
To purchase our e-workbook as seen in the video, “Math Skills for Real Estate Success: Volume 1,” click here: justcallmaggie.com/product/ma...
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Пікірлер: 50
I passed my exam yesterday 🎉 your videos were so helpful especially the math ones, just wanted to say thank you!
@JustCallMaggie
3 ай бұрын
Nice! Congratulations 🥳🥳 Thank you for sharing your news and for the kind words. Best of luck in the real world!!! 🤓🫶
@vanessahamilton6334
10 күн бұрын
Congratulation!
Thank you Maggie! Your energy and the way you add clarity on certain topics is awesome! You a real one
@JustCallMaggie
2 ай бұрын
You rock! Thank you so much. Best of luck to you on your real estate journey. I'm here for you.
Thanks Maggie you make it super easy to understand and remember. ⭐
@JustCallMaggie
Ай бұрын
Thank you. Glad to hear that. Good luck on your real estate journey!!!
Excellent class, I"m in class and this has helped me tremendously! Thank you!
@JustCallMaggie
10 күн бұрын
@@vanessahamilton6334 Thank you. Good luck to you.
Grateful for the contract refresher!!!
Your videos are amazing to say the least! I failed MD twice and waited almost a year to retake. After watching your videos for a week I understood every concept clearly! The T chart for math was so helpful! Today I passed both state and national ! You are appreciated 🎉
@JustCallMaggie
22 күн бұрын
@@christineperkins6489 wow!!! 🤩 that’s great news. Way to go and way to hang in there!!! Congrats 🤓🫶
Super Helpful!! Thank you for your content. I am understanding more and more with each video. :)
@JustCallMaggie
Ай бұрын
Thank you! Glad to hear. Best of luck to you.
Thank you for a clear and concise presentation. I found it very helpful!
@JustCallMaggie
4 ай бұрын
Thank you! I’m happy to hear that. Best of luck to you!
You made this more understandable. Thank you
@JustCallMaggie
5 ай бұрын
Thank you. Glad to hear. Good luck!
thank you for these educational videos
@JustCallMaggie
5 ай бұрын
No problem. It’s my pleasure 🤓🫶
You have did it again!!❤ I appreciate you!!!
@JustCallMaggie
Ай бұрын
You’re too cute 🤓🫶
ANOTHER GEM !!
@JustCallMaggie
Ай бұрын
You’re a gem!! Thank you 🤓🫶
Awesome job
@JustCallMaggie
6 ай бұрын
Thank you so much 😊
❤
@JustCallMaggie
7 ай бұрын
❤
Thx darling ❤
@JustCallMaggie
Ай бұрын
You’re welcome. Thank you!
Hello Megan, I have a question, what if a buyer wants to buy a house and so this buyer saw a fan (attached on the ceiling) in one of the rooms, later on after the closing the buyer bought the house but no longer found the fan as the owner removed the fan from the ceiling, my question is, is the owner’s action of removing the fan after the client bought the home illegal or legal? Thank you
@JustCallMaggie
5 ай бұрын
In most cases, the legality of the owner's action depends on the terms outlined in the purchase agreement. If the fan was specifically included in the sale as part of the fixtures and fittings, removing it without prior agreement could constitute a breach of contract. However, if the fan was not explicitly mentioned or if there was no agreement regarding fixtures, the owner may have had the right to remove it.
@reemokashlan3043
5 ай бұрын
@@JustCallMaggie thank you so much 💕
Hi maggie, My name is Ariana, I live in Houston Texas, I have already passed all the books in champion, I only need the one on contract laws, I did not pass on the first try and I have a second chance, could you give me or make some more videos on the subject please?
@JustCallMaggie
3 ай бұрын
That sounds like a great idea. Good luck with your exams. Is there anything in particular you want more information on?
The video is very nice. To make it super it would be nice if you explain why it couldn't be the other three answers.
@JustCallMaggie
6 ай бұрын
Thank you. Good idea. I’ll keep that in mind for future videos.
What are the forms use for both seller and buyer in all transactions?
@JustCallMaggie
7 ай бұрын
I would say a purchase or sales agreement
What it the difference between the lien-theory & title - theory? And thank you
@JustCallMaggie
5 ай бұрын
title theory states treat the borrower as a tenant living in the lender's property where you gain title to the real estate once loan is paid off, while in lien theory states, the lender places a lien on the borrower's property but you gain title immediately.
@reemokashlan3043
5 ай бұрын
In the title theory who will take the legal title and who will have the equitable title & Al so in the lien theory as well
@JustCallMaggie
5 ай бұрын
@@reemokashlan3043 In title theory states, the mortgagor (buyer) gives the mortgagee (lender) legal title and retains equitable title. Legal title is returned to the mortgagor upon full payment of the debt. In lien theory states, the mortgagor retains legal and equitable title.
@reemokashlan3043
5 ай бұрын
@@JustCallMaggie thank you so much I appreciate really you help me alote
@reemokashlan3043
5 ай бұрын
@@JustCallMaggie if tht minor enter to sall contract to sell his property ? that is void