{"product_id":"essentials-of-contract-law-in-texas-9781965482582","title":"Essentials of Contract Law in Texas","description":"\u003cp\u003e • Author(s): Stephen Mettling | Ryan Mettling | Dan Hamilton\u003cbr\u003e • Publisher: Performance Programs Company LLC\u003cbr\u003e • Publisher Imprint: Performance Programs Company LLC\u003cbr\u003e • BISAC: Real Estate\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003ePerformance Programs Company's \u003cstrong\u003eEssentials of Contract Law in Texas\u003c\/strong\u003e is a 30-hour qualifying education course designed to give Texas real estate license candidates a thorough working knowledge of the contracts, forms, and legal principles that govern residential real estate transactions in Texas.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe course covers 11 chapters organized to build understanding progressively. It opens with the regulatory framework of TRELA and TREC, the Texas Real Estate Broker-Lawyer Committee, the boundary between permissible brokerage activity and the unauthorized practice of law, and the Texas Deceptive Trade Practices Act. Subsequent chapters address the legal concepts of land and property, the bundle of rights, forms of ownership including community property, freehold estates, and encumbrances.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThe contract law chapters cover the six elements of a valid contract, contract status classifications, executory contracts and Texas Property Code requirements, performance, breach, and available remedies. The course then examines the full range of contracts used in Texas residential practice, including listing agreements, buyer representation agreements, leasehold estates, options, lease purchases, and contracts for deed.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eTwo chapters give the One to Four Family Residential Contract (Form 20-18) detailed treatment, including offer and acceptance, seller disclosure, lead-based paint obligations, and the major TREC addenda: Forms 39-10, 40-11, 41-3, 26-8, and 12-3. The financing chapters cover deed of trust mechanics, lien priority, conventional and government-backed loan programs, and the federal lending laws licensees encounter most often, including RESPA, TRID, Regulation Z, and ECOA. The conveyance and closing chapters address deed types, title insurance, the public recording system, and proration calculations. The final chapter focuses specifically on the common contract errors licensees make on Form 20-18.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eEach chapter includes learning objectives, a Snapshot Review for exam preparation, and a case study with discussion questions and a full debrief. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003ePerformance Programs Company sells other Texas prelicensing books including \u003cstrong\u003ePrinciples of Real Estate Practice in Texas\u003c\/strong\u003e, \u003cstrong\u003eTexas Real Estate License Exam Prep\u003c\/strong\u003e, \u003cstrong\u003eFundamentals of Agency in Texas\u003c\/strong\u003e, \u003cstrong\u003eTexas Promulgated Contracts Practice\u003c\/strong\u003e, and more.\u003c\/p\u003e","brand":"Performance Programs Company LLC","offers":[{"title":"Paperback","offer_id":47882825597079,"sku":"9781965482582","price":3418.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781965482582.webp?v=1781097325","url":"https:\/\/atlanticbooks.com\/products\/essentials-of-contract-law-in-texas-9781965482582","provider":"Atlantic Books","version":"1.0","type":"link"}