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Today we go through a full Real Estate Contract Crash Course in around 30 minutes. 👍 Ready to pass your exams effortlessly? Use this link to get 30% off: https://bit.ly/3W4dZbB 📝 Not ready for a course? Try our free practice exam: https://realestatelicensewizard.com/r... 0:00 How it Works 0:39 Real Estate Contracts FAQ 2:02 The 4 Essentials of a Valid Contract in Real Estate 2:42 At What Point is a Real Estate Contract Valid? 3:30 What is a Void Contract? 4:39 What is a Voidable Contract? 5:37 What is the Difference Between Void and Voidable Contracts? 6:03 What is the Statute of Frauds? 6:33 What is a Bilateral Contract? 7:21 What is a Unilateral Contract? 8:05 What is a Purchase Agreement? 9:56 What is a Listing Agreement? 10:40 What are the Different Types of Listing Agreements? 14:13 What are Implied Contracts? 15:14 What is Implied-in-Fact? 16:22 What is Implied-in-Law? 17:10 What is the Difference Between Implied-in-Fact and Implied-in-Law? 18:02 What are Option Contracts? 20:06 What is an Executed Contract? 20:38 What is an Execution Date? 21:17 What is an Executory Contract? 21:45 What is the Difference Between Executed and Executory? 22:25 Top Essential Contract Clauses You Need to Know 26:27 What are Amendments and Addendums? 27:36 What is Novation and Contract Assignment? 29:05 What Do You NEED TO KNOW for the Real Estate Exam?