Exam 2023
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Terms in this set (180)
,A property is listed for A. there is now a valid contract that has
$275,000. The buyers offer been signed by all parties
$265,000, and insist that the
gourmet six-burner stove B. the offer has been invalidated and the
remain with the property. When buyers will need to begin looking for a new
the signed offer is presented to property
the sellers, the sellers accept
the price, but want to take the C. the sellers can turn around and accept
stove with them. They cross out the original offer, if the buyers won't go
the item about the stove, sign along with giving up the stove
the form, and return it to the
buyers. Under these ***D. the original offer is terminated, and
circumstances: the sellers have made a counteroffer
,A buyer is looking at a house in A. advise the buyer that the property may
a neighborhood with newly be subject to special assessments and
installed sidewalks. When the recommend that the buyer look into it
buyer asks about taxes, the
seller assures her that the home B. check the county records to see if the
isn't subject to any special property has any special assessments
assessments. The buyer's agent pending against it
should:
C. contact an attorney to begin an
investigation of the matter
D. say nothing and take the seller's word for
it
, The seller listed the property ***A. rejected a $90,000 offer from a
for $95,000. Assuming that their financially qualified buyer
listing agreement is typical, the
broker would NOT be entitled B. accepted a $90,000 offer from a
to a commission if the seller: financially qualified buyer
C. accepted a $95,000 offer, but his title
turned out to be unmarketable
D. rejected a $95,000 offer from a
financially qualified buyer