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Question
A purchase agreement for the purchase of real property isa. not necessary in a cash sale when the amount of earnest money paid equals the purchase price.
b. a legally enforceable contract which is binding on the seller as soon as it is signed by the buyer if the price and terms of the listing agreement are met exactly.
c. legally enforceable and binding on the buyer as soon as it is signed by him.
d. enforceable when the seller signs it and the buyer is notified of the seller's acceptance.
Answer
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Related questions
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The term "undivided interest" means
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b. when one co-owner dies, the remaining co-owners acquire his interest.
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When real property is taken by means of eminent domain, the government has to pay the landowner fair market value.
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Q:
A man bought a home two years ago and sold it a year later. You would expect to find his name and a reference to the home in the mortgagee index.