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Flashcards - Texas Real Estate

Flashcards - Texas Real Estate
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foreclosures
Foreclosure is a legal process in which a lender claims possession of property belonging to a borrower, who has stopped making payments to the lender
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foreclosures
Foreclosure is a legal process in which a lender claims possession of property belonging to a borrower, who has stopped making payments to the lender
statute of frauds
The statute of frauds refers to the requirement that certain kinds of contracts be memorialized in a writing, signed by the party to be charged, with sufficient content to evidence the contract
Texas Real Estate Commission
The Texas Real Estate Commission is the state agency that governs real estate practices in the state of Texas

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