Real estate contracts make up 20% of the real estate exam, so it's really important to study this section to pass the test! Learn what makes a contract valid, void, or voidable, how option contracts work, contract termination, and the differences between lease-purchase agreements and traditional sales. If you're serious about passing, check out the masterclass: https://shop.studywithdee.com/pages/masterclass/ 🎓 Chapters: 00:00 - Real Estate Contracts Overview 00:24 - 5 Elements of a Valid Contract 01:30 - Offer vs. Counter-Offer (Acceptance vs. Rejection) 02:30 - Consideration and Legal Capacity 04:27 - Mutual Consent and Legal Purpose 06:33 - Void vs. Voidable vs. Unenforceable 09:35 - Option Agreement and Contract Termination 14:59 - Lease-Purchase Agreement 17:33 - What is a Counter-Offer? 18:42 - Exam Tips Learn more about this here: https://youtu.be/LBpO42rkqH4?si=rC-E6lWGgXCKa22_/ #RealEstateContracts #DeeKumarRealEstate