Contracts are very important part of our business so it's important to understand the four elements of contract formation the first element a requirement for a contract is what we call legal capacity referring that the people entering into this Agreement are 18 years or older now there are some exceptions to having to be 18 years or older to have this first element of contract formation the first exception is if you happen to be under 18 but married maybe you're 16 and you're in a state where they allow you get married you're considered able to contract if you're married if you can get married you can get divorced unfortunately if you're divorced at 17 you'd still be able to contract without having to be 18 if you were married or bored also if you're in the military even if you're under 18 they're considered able to attract the first element now if you've been emancipated by the court meaning a court has actually determined that you can contract as an adult after someone 18 years or older and you see this a lot with children that their parents are spending their money because they're famous Hollywood people or I remember when I was going to Gary Coleman they the parents were stealing his money so he went to the court and he has to be emancipated by the court treated as an adult as a teen old so he could do his own deals so these are some exceptions to the first element of contact relation which is having to be 18 or older and to have legal capacity the second element of contract formation and we have to agree to something we must have some kind of mutual consent or meeting of the minds we must...
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Online Processing Times · California Department of Real Estate Renewal Forms. Online License Renewal Re-license with a new broker. Current Processing Times. License Renewal Notification. Print License Renewal Notice. Complete Re-license/Renew. Renew, Renew, Renew. License Re-application (Form 6) · Renew, Renew, Renew (Form 6). License Renewal Notification. Print License Renewal Notification. Complete Licensure Renewal Process. Newly Licensed — Online License Re-application (Form 6) · Renew, Renew, Renew (Form 6). Renew Your License Renewal Notification. Print License Renewal Notification. Complete Re-license/Renew. LICENSING DATE AND DEADLINE You can update your status on the Department's Electronic Application System (EAS) or by going to a Real Estate license office and downloading your license on your computer. To update your online status, go to. The last date to change of address for a Real Estate license, on the application for renewal, must be no later than: · 1 year after filing the application. · 10 months after expiration of the license. Your license renewal will include instructions on how to access your license status via the EAS. If your license has been suspended, you must visit to see your status. The following are the last three months of the license renewal and the last three months of the license fee Permitting agents to renew licenses online by fax or mail. It is your responsibility to provide the following information to the department at a Real Estate license counter or at an office or agent location within 14 days of receiving any of the following documents:· · A completed reissuing of a license form ; or · A completed Real Estate broker's certification; or · A completed Real Estate license application; or · A completed Real Estate broker's certification; or · A completed letter from a licensed real estate broker stating that the real estate broker has been granted a license renewal pursuant to subparagraph (i) of this paragraph. · Information from the licensed real estate broker's written certification from the real estate broker's current Real Estate Licensing Division, or information in the Real Estate license application, including but not limited to: · · The type of license, license number, date of expiration and license status.
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