Multiple Choice
Contracts for sale may contain sections that cause implementation of the contract to depend on the successful completion of some prior action such as the buyer's ability to obtain financing on specified terms. This type of contract is commonly referred to as a(n) :
A) contract assignment
B) equitable title
C) contract with contingencies
D) uniform settlement statement
Correct Answer:
Verified
Correct Answer:
Verified
Q20: Which of the following contract elements is
Q21: Since the issues in many transactions are
Q22: Since the seller often has utilized the
Q23: If a property transaction is scheduled to
Q24: When a buyer signs an offer to
Q25: The laws of some states require that
Q27: Recording documents in the public records informs
Q28: Certain closing costs will be prorated to
Q29: In accordance with RESPA, whenever a buyer
Q30: If property owners fail to pay their