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Unilateral vs. Bilateral Contracts
Manage episode 423493790 series 3579775
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In episode 8 of "Real Estate Exam Prep with Stu Jacobson," Stu breaks down the differences between unilateral and bilateral contracts, crucial topics for your real estate exam. He explains that bilateral contracts involve a mutual exchange of promises between two parties, while unilateral contracts bind only one party to perform, often seen in option agreements. Stu provides practical examples to clarify these concepts. Visit https://www.stujacobson.com for pop quiz newsletters and new agent coaching to further enhance your exam preparation. Tune in and master the nuances of unilateral and bilateral contracts with Stu!
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