Principles Quiz 8.docx - Quiz 8 1 The use of a requires a written carryback disclosure form on one-to-four unit residential property when the seller

Principles Quiz 8.docx - Quiz 8 1 The use of a requires a...

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Quiz 81) The use of a _______________ requires a written carryback disclosure form on one-to-four unit residential property when the seller will partially finance the sale.a. land sales contractb. lease-optionc. an unexecuted purchase agreement with interim occupancyd. All of the above.(Page 342.)2) A carryback seller is concerned with:3) Adjustments and prorates for unpaid and prepaid items are noted on a seller’s net sheet.a. True(Page 354.)b. False4) During a buyer’s market of declining prices and increasing inventory, a sales agent’s main objective is to create buyers.5) To form a contract, an agreement needs to be accompanied by:
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  • Fall '16
  • unexecuted, written carryback disclosure

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