The seller wants to keep the built in high end

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Fundamentals of Business Law Today: Summarized Cases
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Chapter 14 / Exercise 4
Fundamentals of Business Law Today: Summarized Cases
Miller
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QUESTION# 19The seller wants to keep the built-in, high-end stovetop. How should the seller’s agent note that?a.Use the Non-Realty Items Addendum.b.Use the Amendment to Contract.c.List the stovetop in paragraph 2, Exclusions.d.Note it in paragraph 11.
QUESTION# 20According to the Loan Assumption Addendum, if the buyer does not deliver the credit information within the required time, the seller has how many days to terminate after expiration for the time of delivery?
QUESTION# 21A buyer wishes to take as much time to apply for financing as possible to get the best interest rate. Under the TREC Third Party Financing Addendum, how soon after the effective date must the buyer apply for financing?
Both the Seller Financing Addendum and Loan Assumption Addendum give the seller the option to terminate the contract under which specific condition?
QUESTION# 23©2016 Kaplan, Inc.May be reproduced for educational uses only.
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Fundamentals of Business Law Today: Summarized Cases
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Chapter 14 / Exercise 4
Fundamentals of Business Law Today: Summarized Cases
Miller
Expert Verified
Texas Promulgated Forms, Second Edition UpdateUnder the TREC Third Party Financing Addendum, what happens if the buyer fails to give notice that the buyer cannot obtain approval within the number of days negotiated by the parties?a.There is no approval contingency in the contract.b.The buyer may give 7 days notice to extend the time period.c.The seller may terminate under the addendum.d.The buyer may terminate under the addendum.
QUESTION# 24The buyer wishes to obtain an adjustable rate mortgage. How should paragraph 1 of the TREC Third Party Financing Addendum be filled out?
QUESTION# 25Under the TREC Third Party Financing Addendum, which of the following is a FALSE statement?

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