Description
This 2-hour continuing education course satisfies the required two hours of Contract Law, which is one of the three required course subject areas the Mississippi Real Estate Commission requires that a real estate agent take every two years (the other courses being Agency Law and License Law).
This course provides an overview of the principles of contract law initially covered in the 60-hour Principles of Real Estate pre-license course, as well as contract law specific to the state of Mississippi. The course also explores how to identify and create different contracts, draw contract contingencies, and the process of terminating a contract.
This continuing education course is approved by the Mississippi State Real Estate Commission and meets the State of Mississippi for Sales agent license continuing education requirement.
Objectives
By the end of the course, learner will be able to do the following:
- define “contract” and identify essential elements of contract;
- create a contract with its essential elements;
- classify different types of contracts; identify what makes a contract valid/invalid and enforceable/unenforceable;
- describe the process of how to terminate a contract and identify valid grounds;
- identify different types of terms and contract clauses, such as contingency clauses, buyer-oriented clauses, and seller-oriented clauses, fair contract clauses for both parties.
Certificate
By completing/passing this course, you will attain the certificate Contract Law Certificate of Completion
Learning Credits
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