An agreement by competent parties to do or not do something legal for stated consideration is a 

Contracts for the sale of real estate must be in writing to be enforceable.  This is governed by the 

If a contract has all the essential elements it is said to be

If a contract does not have all the essential elements, and has no legal effect, it is said to be

If a contract is rescindable, and may be voided, the contract is said to be

Oral real estate sales contracts cannot be enforced in a court of law.  They are said sto be

Contracts that are stated orally or written are

Contracts that grow out of acts or conduct only are

A contract may be based on "a promise for a promise"

A contract may be based on " a promise for an act." this is a/an 

Contracts that are not yet completed are called 

Contracts that have been completed are called 

The initial proposal that leads to contract is called an 

Any change to the initial offer is called a

When all parties agree to the terms, it is said that there is _{______________  of the contract} 

If a contract is completed, terminated, or found impossible to preform, it is said to be 

Even though another party can assume responsibility for a contract, the original party is still liable for it. The process of giving another party responsibility for a contract is 

If another party assumes responsibility for a contract and the original party wants to end liability for it, a new contract may substituted for the original contract. This is called 

A party to a contract may break the contract-although they may be sued for specific performance or damages. Breaking a contract is also known as ___________ of the contract.

Our legal system says that the only way to "right a wrong" is by making somebody pay. The money paid is called _________________.

There are limits on the time period in which court action may be brought against a party for an action that they took or didn't take. This is governed by the _______________. 

A specific type of contract gives someone the right to buy a specific parcel for a specific period of time at a specific price. This type of contract is an __________.

A good faith deposit given when entering into a contract is ________.

Upon signing a contract, the vendee get certain rights, known as _____________. 

A specific type of contract that gives possession of property, but no title to it is a/an ____________.

During the lease the lessee's interest is known as ___________.

If someone takes over the lease from the lessee, but the original lessee remains liable for it, it is done through a ______________. 

If the lessor need to use court action to remove an unwanted tenant, it is known as _________.

When a tenant pays rent plus property charges, thereby giving a greater net to the landlord, the lease is known as ____________.

When a tenant pays rent and the landlord pays all of the property charges, the lease is know as a ___________.

A tenant may pay rent only on the land. Any improvements that the tenant builds on the land becomes the property of the landlord at the end of the lease. This lease is known as a _____________.

A tenant may pay a percentage of gross income or gross sales volume as rent. This is known as a _________.

A landlord may allow a property to deteriorate so much that the tenant moves out due to the condition of the property. This is known as _______________.

Someone, such as a broker, who acts on behalf of another is a/an _____________.

Someone who acts under the direction of an Agent is known as a ___________.

Two companies that work together on the same transaction are _________________.

The person who hires an agent with an agency agreement is a/an ____________.

Someone who receives services, but does not hire an agent is a ____________.

In some states, the person, duties or relationship in which one owes trust and confidence to another is called ______________.

A document giving one person authority to act in the place of another is a/an ______________.

The person receiving the authority to act in the place of another is the ______________. 

Intentional deceit, including lying, is known as ____________.

An agent hired to do only one thing is known as a ___________.

An agent hired to perform a wide range of duties is known as a ____________.

An agency relationship based on oral or written agreement is _________________.

An agency relationship based on only acts or conducts is _____________.

OLD CAR; Obedience, Loyalty, Disclosure, Confidential, Accounting, and Reasonable Care are duties owed by ______________.

Compensation, Good Conduct, Opportunity, Good Faith and Reimbursement are duties owed by _______________. 

Honesty, Fairness, Care, and Disclosure of Material Facts are owed by ________________.

Someone who works as a Dual Agent must be aware of _______________________.

Performance, Death, Impossibility, Incompetence, Loss of Title, Bankruptcy, and Change in law can _____________________.

Agreement, Revocation, Renunciation and Disloyalty can _________________________.

A document that gives informed consent, but does NOT create agency is the ______________.

To create a seller client, an agreement must be in writing, and include the terms, price, commission, effective dates, description of the property and conveyances, and must be signed. This document is a ____________.

If an agent collects a commission no matter who finds a buyer for a property, the listing is a/an ___________________.

If whoever finds a buyer for a property gets paid, the listing is a/an ________________.

If an agent collects a commission if an agent finds a buyer for a property, but the seller retains the right to find a buyer in his or her own, the listing is a/an _____________.

Material facts must be ______________.

Because property taxes are based on the value of the property, they are known as a/an _______________.

The current tax rate on second homes and investments is _____.

The first lien on property to be paid is ____________.

Property taxes are levied by _____________________.

The Real Estate Commission can levy fines, revoke licenses, etc. because it has ____________.

If someone acts as a Real Estate Broker, Salesman, Property Manager, he or she is required to have a _______________________.

A person must be licensed for at least 3 years, take a total of 150 hours of designed education, and be at least 21 years old to earn a _______________.

The person that is responsible for supervising associated licensees, all money, accounting, and closing statements is the ________________________.

The continuing education requirements for one with a salesman or broker license is __________________________.

Pertinent documents for real estate listings and transactions must be kept for _______.

Licensees must submit _________ offers to clients and customers.