Question: Again with reference to the facts in Question 1, if the landlord does not consent to the transfer of the current lease within the time

Again with reference to the facts in Question 1, if the landlord does not consent to the transfer of the current lease within the time stated in the contract, what action can the vendor take and when? Which of the following answers best describes the response you should provide? Select one answer only.

  • The vendor can make a requisition.
  • The vendor can rescind the contract by the 60th day after the contract date.
  • The vendor can rescind the contract by the 90th day after the contract date.
  • The vendor can rescind the contract by the 30th day after the contract date.

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