Real Estate Contract Clauses: Amendments & Addenda

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is a real estate contract clause?

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1. What is an example of a real estate contract clause?

2. How is an amendment used in a real estate contract?

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About This Quiz & Worksheet

Brush up on your knowledge of amendments and addenda in this assessment of real estate contract clauses. The questions in this quiz cover examples, amendment usage, and the inclusion of clauses.

Quiz & Worksheet Goals

Use this quiz and worksheet to review:

  • The definition of a real estate contract clause
  • An example of a real estate contract clause
  • The use of amendments in real estate contracts
  • Identifying an addendum to a real estate contract from examples
  • The reason clauses are included in real estate contracts

Skills Practiced

With the help of this quiz you'll practice:

  • Information recall - access the knowledge you've gained regarding the use of amendments in contracts
  • Knowledge application - use your knowledge to answer questions about why clauses are added to real estate contracts
  • Defining key concepts - ensure that you can accurately define main phrases, such as real estate contract clause

Additional Learning

Read Real Estate Contract Clauses: Amendments & Addenda, the accompanying lesson to this resource to review any problem areas from this lesson. By reading or watching this lesson you'll learn more about:

  • A reason why an addendum may be suggested
  • How states impact the use of clauses
  • The legality of clauses in a real estate contract
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