In this video, we'll be discussing implied contracts. This is an important topic for anyone looking to get their real estate license, as it comes up frequently on the exam. We'll go over what an implied contract is, and give some examples of how they might be used in real life.
Here are the chapters for this video, feel free to jump around accordingly:
0:00 Introduction
0:31 Implied Contracts Definition
1:30 Implied Contract Requirements
2:45 Implied Contract Examples
4:46 What is an Implied-in-Fact Contract?
5:48 What is an Implied-in-Law Contract?
6:42 What is the Difference Between Implied-in-Fact and Implied-in-Law?
7:40 What Do You Need to Know for the Exam?
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10 июл 2024
