Contracts
In Missouri, a purchase contract is assignable unless:
AMREC prohibits it
BThe contract expressly prohibits assignment✓ Correct
CIt is a residential purchase
DThe parties are not from Missouri
Explanation
Contracts are generally assignable unless the contract expressly prohibits it, or if it involves personal services. A purchase contract may include language prohibiting assignment without seller's consent.
Related Missouri Contracts Questions
- Under Missouri's Statute of Frauds, a contract for the sale of real estate must be:
- A Missouri buyer who discovers after closing that the seller failed to disclose a known material defect may have a claim for:
- In Missouri, a rider (addendum) to a purchase contract must be:
- What does 'time is of the essence' mean in a Missouri real estate contract?
- A Missouri contingency for sale of buyer's existing home protects the buyer by:
- Which of the following clauses in a Missouri commercial lease requires the tenant to pay more rent if the consumer price index rises?
- Under the Missouri parol evidence rule, oral agreements made before a written contract:
- In Missouri, a contract contingency for a home inspection allows the buyer to:
Practice More Missouri Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Missouri Quiz →