Michigan Contract Law 3-Hours

This course addresses the definition, components, and requirements of different types of contracts used in real estate transactions. It presents the legal components of contracts including breach of contract and remedies with attention to different types of offers and the technical components of creating a contractual agreement.

Participants will

1. Define a contract and its purpose.
2. Recall the statute of limitations in the contractual process.
3. Enhance awareness of the roles played by a lawyer in a contract process.
4. Recognize the different types of contracts.
5. Analyze the elements of a contract.
6. Compare the acceptance of electronic signatures to paper signatures.
7. Identify various types of offers.
8. Apply the remedies of a breach of contract in case studies.
9. Recall the purchase and sale agreement in a contract.