Law of Contracts

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Course Details

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• Course: Law of Contracts

• Course Number: 02611-REQC

• Course Length: 30 classroom hours

• Tuition: $235

• Textbook: Required Dearborn Real Estate Education textbook included

• Instruction: In-person classroom instruction

• School: Lone Star Real Estate School

• TREC Education Provider: #701095

 

What You Will Learn

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The Law of Contracts course introduces students to the legal foundations of contracts and the laws that affect real estate transactions in Texas.

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1. Introduction to Contract Law

 

Understand the purpose of contracts, how agreements are formed, and why contract law is important in real estate transactions.

 

2. Elements of a Valid Contract

 

Study the essential elements of a contract, including offer, acceptance, consideration, and the legal capacity of the parties. Learn how these elements affect whether an agreement is enforceable.

 

3. Types and Classifications of Contracts

 

Explore the differences between express and implied contracts, unilateral and bilateral contracts, and executed and executory contracts. Understand the distinctions between valid, void, voidable, and unenforceable agreements.

 

4. Texas Real Estate Law

 

Examine Texas laws and regulations that affect real estate transactions, including the Texas Real Estate License Act and the responsibilities of real estate license holders.

 

5. Use of Real Estate Contract Forms

 

Learn about the role of the Texas Real Estate Commission and the Broker-Lawyer Committee in the development and adoption of real estate forms. Study the rules governing the use of promulgated contract forms and the importance of understanding the limits of a license holder's authority.

 

6. Consumer Protection and Legal Responsibilities

 

Explore the Deceptive Trade Practices–Consumer Protection Act (DTPA), unauthorized practice of law, and the importance of avoiding misleading or improper conduct in real estate transactions.

 

7. Real Property and Ownership Concepts

 

Review fundamental real estate legal concepts, including real property versus personal property, characteristics of real property, forms of ownership, and ownership through business organizations.

 

Course topics are summarized for prospective students and should be aligned with the current TREC-approved course outline and required instructional materials.

 

Why Study Law of Contracts at Lone Star Real Estate School?

 

A strong understanding of contracts helps prepare future real estate professionals to recognize important legal issues and better understand the agreements involved in real estate transactions.

 

At Lone Star Real Estate School, students receive:

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• In-person classroom instruction: Learn in a structured environment where you can ask questions and participate in discussions.

• Experienced instruction: Learn from Billy Jack Barrow, Broker.

• Required textbook included: Your course includes the required Dearborn Real Estate Education textbook.

• Practical learning: Connect contract principles to situations encountered in real estate practice.

• Local education: Attend class at our El Paso, Texas, classroom.

 

Start Your Texas Real Estate Education

 

Law of Contracts is one of the six required 30-hour qualifying courses in the 180-hour pre-licensing education curriculum for a Texas real estate sales agent.

 

Whether you are beginning your real estate education or completing the remaining courses required for your license, Lone Star Real Estate School can help you take the next step.

 

Lone Star Real Estate School
9440-B Viscount Blvd
El Paso, TX

Phone: 915-209-2001
Email: lonestarschoolelpaso@gmail.com

TREC Education Provider #701095

 

Contact us today for upcoming class dates and enrollment information.

 

Frequently Asked Questions

 

How many hours is the Law of Contracts course?

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Law of Contracts is a 30-hour Texas qualifying real estate education course.

 

 

Is Law of Contracts required for a Texas real estate license?

 

Yes. It is one of the six required qualifying courses included in the 180 hours of education required for an initial Texas sales agent license.

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What will I learn in Law of Contracts?

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You will study contract formation, the elements of valid contracts, contract classifications, Texas real estate law, consumer protection, and the legal principles affecting real estate transactions.

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Is this course offered in person?

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Lone Star Real Estate School offers in-person classroom instruction in El Paso, Texas.

 

 

Is the textbook included?

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The required Dearborn Real Estate Education textbook is included in the stated $235 tuition. Confirm current availability and pricing when enrolling.

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Where is Lone Star Real Estate School located?

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Our classroom is located at 9440-B Viscount Blvd, El Paso, Texas.

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Continue Your Texas Real Estate Education

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Explore the other required Texas qualifying courses offered by Lone Star Real Estate School:

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• Principles of Real Estate I

• Principles of Real Estate II

• Law of Agency

• Promulgated Contract Forms

• Real Estate Finance

 

Lone Star Real Estate School — Building the foundation for your real estate career.

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Enroll in Law of Contracts at Lone Star Real Estate School in El Paso, Texas.