QUESTION# 11 A buyer makes an offer on a seller's house and the seller accepts it. Both parties sign the sales contract. At this point, the buyer has which type of title to the property?
The sales contract says the buyer will purchase only if an attorney approves the sale by the following Saturday. The attorney's approval is a
Once presented an offer from a prospective buyer, the seller can do any of the following EXCEPTa.accept it after making a counteroffer. b.accept it. c.reject it. d.make a counteroffer.
QUESTION# 14 When should a licensee present a written offer to a property owner?
No blanks should ever be left in a contract document because of the risk that someone might insert something later that was not actually agreed upon by the parties to the contract. Which of the following should be inserted into these blanks by the licensee?