North Dakota Contract Law

Real estate agency relationships can be complicated; therefore, real estate licensees must clearly understand how these relationships are created and how to make proper agency disclosures to consumers. This course covers the most common agency relationships and the duties that are owed to consumers. In addition to agency obligations, licensees are responsible for handling real estate contracts. This course explains contract law regarding the creation of a valid, enforceable contract that protects licensees as well as clients. Finally, this course details property disclosure obligations and real estate purchase agreements.