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Price Changes for Developed Real Property Can Be Rapid and Dramatic

question 55

Short Answer

Price changes for developed real property can be rapid and dramatic over short periods of time and create ____________________ demand.


Definitions:

Revoke Offer

The withdrawal of an offer by the offeror before it is accepted by the offeree, rendering the offer void.

Essential Terms

Critical conditions or stipulations in a contract that are necessary for it to be enforceable and determine its nature and scope.

Contract

An agreement between two or more parties that is enforceable by law and legally binding.

Subject Matter

The topic or substance of a discussion, document, or work, especially in legal contracts or litigation.

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