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PCF - Chp. 7 Questions with 100% Correct Answers , Verified , Latest Update 2024 ,Graded A+, Complete solution $7.99   Add to cart
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PCF - Chp. 7 Questions with 100% Correct Answers , Verified , Latest Update 2024 ,Graded A+, Complete solution
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PCF - Chp. 7 Questions with 100% Correct Answers , Verified , Latest Update 2024 ,Graded A+, Complete solution

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  • August 2, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • pcf chp 7 questions with 100 correct answers

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PCF - Chp. 7
According to the Addendum for Back-Up Contract, an amendment to the first contract: -
ANS-Does not constitute a termination of the first contract

If Blake uses addendum for sale of another property, and they are unable to sell it, what would
happen? - ANS-The contract automatically terminates and Blake (the buyer) will receive their
earnest money back.

If Corina waives a contingency and then fails to close the fund due to non-receipt of proceeds
from the sale of her home, all of the following remedies are available EXCEPT? - ANS-Filing a
DTPA lawsuit against Corina

If the seller receives and accepts an offer during contingency period, and Corina declines the
contingency... - ANS-Contract will be terminated and the earnest money will be refunded.

Which of the following is NOT part of the mineral estate? - ANS-Limestone

Which of the following statements regarding the Addendum for Back-Up Contract is FALSE? -
ANS-An amendment to the first contract automatically constitutes a termination of the first
contract

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