Real estate licensees operating in Minnesota can complete this 1 hour course on contract law basics for continuing education elective credit. This course will cover:
- general definitions related to contract law and use,
- creating valid contracts
- legally unenforceable provisions
- assignment and novation
- fulfilling a contract
- types of breach
- remedying a breach
- common contract clauses
Videos, scenarios, and imagery are utilized throughout the course for visual and auditory learning styles. After each topic, students will be asked a single question about the material. A 15-question exam will test overall comprehension.
Course Format: Text
Credit Type: Elective
Course ID(s): 1032985
Approved By: Department of Commerce - Real Estate
- Contract Law Elective
- Contract Law Basics [8 Activities]
- 01. Introduction to Contract Law (Video)
- 02. General Knowledge of Contract Law
- 03. Requirements for Validity
- 04. Assignment and Novation
- 05. When a Contract is Considered Performed or Discharged
- 06. Breach of Contract
- 07. Contract Clauses
- 08. Conclusion of Basic Contract Law (Video)
- Contract Law Basics Final Exam (15 questions)
- Contract Law Basics [8 Activities]
- Course Completion
- Mandatory Questionnaire
- Certificate of Completion
- Guaranteed Next-Day Reporting
