Contracts (alternative)
A Maryland real estate contract requires mutual assent, which means:
AAt least one party fully agrees
BBoth parties agree on the same terms (meeting of the minds)✓ Correct
CThe broker agrees on behalf of both parties
DMREC has approved the contract terms
Explanation
Mutual assent (meeting of the minds) requires that both parties agree on the same material terms—offer and acceptance—for a valid enforceable contract.
Related Maryland Contracts (alternative) Questions
- In Maryland, consideration in a real estate contract can be:
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