BMOT 6/11/25 | Legal Concepts to be aware of in Contracts

In this week’s Broker Minute, Matt Barton dives into four crucial legal principles that every real estate agent should understand when navigating contracts:

• Statute of Frauds

• Four Corners of the Contract

• Continuance of Contract

• Waiver

Matt explains how these legal doctrines intersect and why it’s important not to rely on absolutes when advising clients. Misunderstanding these concepts can lead to costly mistakes, especially when dealing with breaches, defaults, or verbal agreements.

Whether you’re seasoned or new to the industry, this is a must-watch to sharpen your contract knowledge and avoid common misconceptions.

📞 Need clarification on a tricky situation? Don’t hesitate to reach out to your broker before making assumptions.