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Law of Contracts – Key Terms & Definitions

May 16, 2017 Leave a Comment Written by MrBeeToe

*NOTE: This page is still currently in development and may only have a small limited number of terms from Law of Contracts…

Law of Contracts – Key Terms

Use this to practice memorizing and recalling key terms and definitions from the Law of Contracts class.

 

Drafts and revises contract forms for use in real estate transactions.

Allows an aggrieved consumer to sue a seller of goods for damages.

The process of attaching personal property so that it becomes real property.

Use of adjectives and opinions rather than details or facts.

Things of a temporary or movable nature.

Annual crops that are considered personal property even though they are attached to the land.

Forms published by TREC that are mandatory for license holders to use in real estate transactions in the state of Texas.

Acting with awareness or flagrant disregard of prudent and fair business practices.

Include the rights to deed oil, gas, and other minerals.

Any man-made addition to the land that are permanent.

Law of Contracts – Key Terms
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