Houtan HormozianExpert on Real Estate, Finance and PropTech

Only 10% Get This Real Estate Contract Question Right | Exam Prep Challenge

5 Mar 2026 · 1 min

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This content was created by Houtan Hormozian. This content was uploaded by Houtan Hormozian. This is a YouTube clip titled "Only 10% Get This Real Estate Contract Question Right | Exam Prep Challenge" (posted March 5, 2026). A single presenter (labeled SPEAKER A) poses a multiple-choice "question of the day" about real estate contracts, identifies the correct answer as an option contract, and briefly explains that an option keeps an offer open for a set period (optionor cannot revoke; optionee not obligated to buy). The clip is an exam-prep/educational short that encourages likes, sharing, and visiting the presenter’s website.

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Get ready for question of the day. In which of the following contracts does one of the parties agree not to revoke an offer for a certain period of time? A. An option. B. A listing contract. C. Estate for years. D. A ratification. The answer is letter A. An option is a contract to keep an offer to sell or lease real property open for a set period of time. The optionor cannot revoke the offer to sell during the designated period of time. An optionee is under no obligation to buy the property The optionee is not bound by the option. Learned something new? Give us a like, tag a friend, and let's keep the conversation going. Message us here or visit our website.