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Offer & Acceptance — The Dance

National · Contracts & Transfer of Title — free cheat sheet for the real estate licensing exam.

📄 Contracts & Transfer of Title

📋 The 1-minute cheat sheet

Offer + unconditional acceptance + COMMUNICATION back = contract
Counteroffer KILLS the original offer — you can't accept it later
Offeror may revoke any time BEFORE acceptance is communicated
Death of offeror before acceptance terminates the offer
Acceptance must mirror the offer exactly ('mirror image rule')

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Related in Contracts & Transfer of Title

Contingencies — Escape HatchesNational Earnest Money & Liquidated DamagesNational Options & Rights of First RefusalNational Assignment vs NovationNational Statute of Frauds & PerformanceNational Contracts — Validity & RemediesNational Valid Contract — Must-HavesNational Elements of a Valid ContractNational

Questions students ask

Is Offer & Acceptance — The Dance on the real estate exam?

Yes. Contracts & Transfer of Title is a scored domain on the real estate licensing exam, and this topic appears in the national portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.

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