Practice Test Question: 36A contract for the sale of a home has been signed by bothparties. This contract will remain executory until Question Result: Practice Test Question: 49Alex, 14, and Kent, 17, inherited a piece of property. Thenext year, Kent deeded the whole property to Alex, whoimmediately put it on the market. An adult buyer made awritten offer which was accepted by Alex. Which of thefollowing is TRUE? Question Result: Practice Test Question: 58An example of a contract terminated due to inability toperform would be one in which the Question Result: Practice Test Question: 59A contract has been drawn which obliges the sellers toconvey title to their land to the buyers if the buyers comeup with $22,000 on or before December 31st. This iscalled Question Result: Practice Test Question: 70The sellers want to accept a purchase offer, but only if theprice is raised by $5,000. What should they give theprospective buyer? Question Result: Practice Test Question: 71A written agreement in which a purchaser agrees to buyand a seller agrees to sell is called Question Result: Topic Area: Leasing and Property Management Total Topic Score: 2.0 Your Score: 2.0 Practice Test Question: 19 If leased premises become unusable for the purpose state in the lease, the tenant may have the right to abandon the premises. This action is called Question Result: Practice Test Question: 35A gross lease can be best defined as one where thetenant pays, as a part of the rent, Question Result: Topic Area: Transfer of Title Total Topic Score: 6.0 Your Score: 4.0
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