Blessed Properties School of Real Estate “Enhancing the Central Texas Realtor Community One Student At A Time”

Law of Contracts

Salesperson Annual Education (SAE)

This is an SAE Course Course Description: This course covers the elements and characteristics of a contract, the TREC Broker-Lawyer Committee and its role, TREC rules regarding use of contract forms, and National Association of REALTORS guidelines regarding contract offers. In addition, it explores how a contract is formed, when a contract becomes fully executed, issues of performance, as well of breach of contract and dispute resolution. Finally, it examines in detail the most common promulgated contract used by licensees: the TREC One-to-Four Family Residential Contract, which is used for the sale and transfer of an existing single-family residence from one party to another. Course number 1251 Hours 30 POC: Patrick Purifoy BP School of Real Estate Email: Phone: 254-833-9639 Cost $150

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