Mutual assent refers to the making and acceptance of an offer.
The parties must come to a meeting of the minds. -Meaning they must reach an agreement on all terms in the contract.
-A complete and mutual understanding must exist to produce a meeting of the minds.
This information is courtesy of Captain Wayne Rowlett and Rowlett Real Estate School www.rowlettrealestateschool.com
Rowlett Real Estate provides traditional classroom training in Panama City, Florida and in Destin Florida.
Feel free to visit our classroom schedule at
http://www.rowlettrealestateschool.com/fl-schedule.htm
Rowlett Real Estate School is a full service Florida real estate school with online real estate courses in most every state at
http://www.rowlettcareerschool.com/
P.Stone, RRES
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